Philanthropy benefits from various tax concessions but they will only be maintained if the community respects and values the role of philanthropy rather than questions its motives. If cracks start to appear and people start to wonder whether philanthropy is actually philanthropy, then a backlash could occur, resulting from a loss of legitimacy.
Kneejerk reactions can lead to the introduction of highly restrictive and disproportionate regulations or the loss of tax concessions, writes Krystian Seibert, Philanthropy Australia. More >