MBC now a Registered Charity

We are very pleased to announce that MBC is now a registered charity. This is an exciting milestone in the development of our organisation.

There are income tax, fringe benefit tax, and GST savings that come with this new status. However, the main benefit to MBC is an extra layer of governance and protection, as we are overseen by the Australian Not-for-Profit and Charity Commission.

Rest assured, there will be no changes to our many Dharma activities, as our charity category is “Advancing Buddhism” and our charitable purposes closely align with the existing objectives of MBC.

As a direct result of our new charity status, we have already obtained a 40% discount from Humantix, and we look forward to more benefits and savings in the future.