Endorsement as an income tax exempt fund (ITEF) is an approval process to access income tax exemption. It applies to non-charitable funds established under a will or instrument of trust solely for:
the purpose of providing money, property or benefits to income tax exempt deductible gift recipients (DGRs), or
the establishment of DGRs.
These non-charitable funds must be endorsed by the Tax Office to access income tax exemption.
Endorsement of charitable funds
Charitable funds access income tax exemption through endorsement as a tax concession charity.
A charitable fund is a fund established solely for purposes that the law regards as charitable. Charitable purposes are:
the relief of poverty
the relief of the needs of the aged
the relief of sickness or distress
the advancement of religion
the advancement of education
the provision of child care services on a non-profit basis, and
A deductible gift recipient (DGR) is an organisation that is entitled to receive income tax deductible gifts. All DGRs have to be endorsed by the Tax Office, unless they are listed by name in the income tax law.
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Endorsement of charitable funds
For more information about charitable purposes refer to our publication 
