The application for endorsement fee is $990 ($880 for members) inc GST. This fee is for processing the application, conducting due diligence and is non-refundable if unsuccessful. Our due diligence is described in the standards framework below. Potential applicants are encouraged to contact us ahead of making an application to discuss the opportunity and to ask questions.
Following successful due diligence, an annual endorsement fee will be assessed for the first 3 years, and can be discussed before committing. This fee is for the ongoing benefits of Society endorsement described above and to be fair, needs to take into account that large scale or large margin activities (eg: high value services, or state-based or national activities) will likely benefit more from national endorsement than small scale local activities, and may be more able to contribute to the cost of the endorsement program, the aim of which is to make Lifestyle Medicine more accessible to the general public, in line with ASLM’s charitable purposes.
Therefore as part of the application for endorsement, you will be asked to estimate the annual turnover (or equivalent measure of retail value) of the activity. However, at the same time, we acknowledge that endorsement fees must be seen as quite low, otherwise they will be a disincentive to participate in the program. So as a guide, the annual fee starts at $495 inc GST for most activities, increasing on a sliding scale based on a number of metrics. On acceptance of the annual endorsement fee by the applicant, endorsement can commence for an initial period of up to 3 years.
The Board may reduce the application and endorsement fees for not-for-profit activities or in special situations.