School building funds

Checklist

Use the following checklist to work out if your fund has the characteristics of a school building fund.

	Is your fund a public fund?
	Do the fund's constituent or governing documents clearly show it was established solely to provide money for acquiring, constructing or maintaining a building used, or to be used, as a school or college?
	Is the building used, or to be used, as a school or college by a government, public authority or non-profit body?
	Are the actual payments made by the fund only for acquiring, constructing or maintaining the building (including acceptable administration costs of the fund)?
	If your fund is an entity that is a charity, is it registered with the ACNC?

If you have worked out that your fund is a school building fund, it also needs to meet other conditions for DGR endorsement.

Sections within Characteristics of a school building fund

• Public fund
• School or college
• Building used as a school or college
• Use of the fund
• Registered with the ACNC
• Not be an ACNC type of entity
• Checklist