Gifts and fundraising - frequently asked questions

Which DGRs are eligible to claim a refund of franking credits?

To be eligible for the refund of franking credits, a deductible gift recipient (DGR) must:

• be endorsed by the Commissioner as a DGR or be specifically named in one of the tables of recipients for deductible gifts in the Income Tax Assessment Act 1997
• have an Australian business number
• be an Australian resident at all times during the income year in which the dividend is paid directly to the charity by the company, or paid indirectly through a trust.

A DGR must be endorsed in its own right. It is not sufficient if the DGR is only endorsed in relation to a fund, authority or organisation that it operates, such as a school building fund.

For more information, refer to our fact sheet Refund of franking credits - Endorsed income tax exempt entities and deductible gift recipients - 1 July 2011 to 30 June 2012 (NAT 6716).

Sections within Refund of franking credits

• Which DGRs are eligible to claim a refund of franking credits?
• How does an eligible organisation apply for a refund of franking credits?