You can make an impact on your tax and in the fight against cardiovascular disease by donating to the Heart Research Institute (HRI).
Here is how you can support life-changing heart research and save on your tax at the same time.
Tax deductions help you reduce your overall taxable income
Donations of $2 or more made to an organisation that is a deductible gift recipient (DGR) like HRI are tax-deductible. This means that you can deduct the amount of your donation from your taxable income for that financial year. This reduces your taxable income, and the money donated can result in receiving money back after you lodge your tax return.
How to make a tax-deductible donation
How to make a tax-deductible donation to HRI
Making a tax-deductible donation to HRI is simple.
- Online: The easiest way is to donate securely via credit card on our Donate page.
- Phone: Call 1800 651 373 and speak with one of our friendly team, who will take your details and process your donation.
- Mail: Post your donation via cheque, money order or donation form to The Heart Research Institute, 7 Eliza Street, Newtown NSW 2042. Please do not send cash in the post.
How we use your tax-deductible donation
Cardiovascular disease (CVD) is the world’s biggest killer, responsible for around one in every three deaths, in Australia and worldwide. Not only that, CVD places a huge burden on the economy and healthcare system, costing $11.8 billion a year and being responsible for 11 per cent of all hospitalisations.
Your tax-deductible donation will advance HRI’s groundbreaking research into new ways to detect, prevent and treat CVD – helping to protect people from heart disease and making a huge impact on the lives of everyday Australians, as well as lowering costs to our health system.
Your donation will support life-changing work such as our research into congenital heart disease and how to improve the quality of life of babies born with this condition. Our research into screening for the common heart condition atrial fibrillation to prevent associated stroke and possible dementia could not continue without the generosity of people like you.
You can read more about our latest discoveries, only possible because of the kindness of donors, here.
Business tax-deductible donations
Businesses can make donations to DGR organisations like HRI and claim a tax deduction on that donation. For a donation from a business to be eligible, the contribution must be $2 or more.
Making a donation is a great opportunity for businesses to practice corporate social responsibility, while increasing the tax return for the business.
Visit the Australian Taxation Office website for more information.