Nudging charities to balance the needs of the present against those of the future

Research output: Chapter in Book/Conference paperChapter

Abstract

This chapter explains the need for some temporal rules in charity law. It raises the underexamined issue of the point in time at which charities are expected to produce a public benefit from resources that they hold. Timing is critical to identifying which persons will benefit. Will they
be members of the present generation that have provided resources or collectively granted concessions to the charity? Will future generations benefit instead? The temporal issue will impact in different ways depending upon a  charity’s  purpose and the means it uses to achieve that purpose. The  considerations that apply to a bushfire disaster relief charity will diverge from those relevant to a university intended to last in perpetuity. Nevertheless, to remain relevant to as broad a group of charities as possible, this chapter looks in general terms at the gaps in existing constraints and proposes reforms that would better promote an intergenerational balance.
Original languageEnglish
Title of host publicationNew Directions for Law in Australia
Subtitle of host publicationEssays in Contemporary Law Reform
EditorsRon Levy, Molly O'Brien, Simon Rice, Pauline Ridge, Margaret Thornton
Place of PublicationActon, ACT
PublisherANU E Press
Chapter32
Pages347-356
ISBN (Electronic)9781760461423
ISBN (Print)9781760461416
Publication statusPublished - 2017

Fingerprint Dive into the research topics of 'Nudging charities to balance the needs of the present against those of the future'. Together they form a unique fingerprint.

  • Cite this

    Murray, I. (2017). Nudging charities to balance the needs of the present against those of the future. In R. Levy, M. O'Brien, S. Rice, P. Ridge, & M. Thornton (Eds.), New Directions for Law in Australia: Essays in Contemporary Law Reform (pp. 347-356). ANU E Press.