You are able to make a tax-deductible donation to the Australian Sports Foundation (ASF) in support of the Melbourne Argonauts Boat Fund.
Your donation can be tax-deductible
Registration with the Australian Sports Foundation (ASF) means that anyone can make a gift to the ASF with the wish that the funds be granted to the Melbourne Argonauts Queer Rowing Club Boat Fund. Gifts of $2.00 and over are tax-deductible.
Every donation large or small makes a difference and helps the club achieve its goal of providing and growing a strong viable rowing club for the queer community and its friends.
We depend on donations for boats and other equipment
It is a club goal to provide the best possible equipment for our members. In comparison to other clubs of similar size, and considering our short history (we were founded in 2001), we don’t do too badly; but we are determined to provide a fleet that promotes the best opportunity for us to develop our skills and ability; and enjoy our rowing with a minimum of serviceability issues.
One of the major issues facing any sporting club is the raising of money for capital expenditure. Rowing is arguably one of the more expensive sports with regard to the equipment required simply to function, whether it be to purchase or maintain. Club membership subscriptions almost cover the club’s fixed operating costs but do not raise any money towards capital expenditure. This means that we need to rely on other revenue streams for the purchase of boats, oars, rowing machines and coaching equipment. It may surprise you to find out that a new four/quad costs in excess of $20,000, a cox-box over $1,000 and an oar more than $500.
Items that we have identified as needs are:
Club rowing activities (such as attendance at regattas and rowing camps) aim not to lose money; and other organised social activities aim to generate a very small profit. The club raises money for capital through a portion of the Introduction to Rowing course, other discrete fundraising activities (such as the trivia night) and through the Australian Sports Foundation.
For your consideration an ASF donation form can be accessed here. To make a tax deductible donation, please complete the ASF donation form and return to the club contact on the form.
Donations can be made at any stage during the year. Should you wish to discuss anything to do with donating to support the fund, please contact us.
About the Australian Sports Foundation Ltd.
The Australian Sports Foundation Ltd. (ASF) was established by the Australian Government to assist organisations to raise funds through public & corporate donations for the development of sport in Australia. Pursuant to the ASF’s listing in the Income Tax Assessment Act (1997) (div 30, S 30-90), donations of $2 or more to the ASF are tax deductible.
Donors must contribute unconditionally to the ASF to claim a tax deduction, however the ASF’s structure makes it possible for a donor to nominate a registered project as the preferred beneficiary of their gift. Melbourne Argonauts Queer Rowing Club Inc- Boat Fund, project no. 205005, is registered with and conducted under the charter of the ASF.
All claims are subject to being accepted by the Commissioner of Taxation. If either an individual or business is uncertain of their position they should seek their own professional advice.