04 Jan Press Release: OCI Foundation now has DGR Status!!!
“OCI Foundation Limited” now an Australian-registered charity body
We are pleased to announce that the OCI Foundation now has a “Deductible Gifts-Recipients (DGR)” status”. This is with effect fom June 4th, 2018, and comes shortly after the Foundation’s endorsement as a a charity body that primarily “Promotes Health” by the Australian Charities and Not-for-profits Commission (ACNC) and the Australian Taxation Office.
This development means that donations (cash, gifts or otherwise) to the our Foundation will be tax deductible.
In our earlier publication (available here), we had announced our recognition as a charity body that “Advances Health”, “Advances Education”, and “Advances Social and Public Welfare”.
This is great news, not only for the OCI Foundation, but for all the less privileged who stand to benefit from our activities on health, education, and social/public welfare issues.
Combined with the registration we had hitherto enjoyed with the Corporate Affairs Commission (CAC) of Nigeria (since the 29th day of April 2016), these latest developments further improves our standing as an international charity organization.
It heightens our confidence that we can now achieve our goal of going beyond the thousands of beneficiaries we currently serve, to reach out to millions of people over the coming years.
We give God all the glory.