Australia ranks third in the World for philanthropic giving, with 73% of Australians making a charitable donation.
philanthropy
Philanthropic giving via a Public Ancillary Fund
A PuAF is a communal tax exempt philanthropic trust that enables a number of donors to establish and name a ‘sub fund’ under the broader PuAF structure.
Philanthropic giving – Private Ancillary Fund (PAF)
This article on planned giving structures covers the most rewarding part of philanthropy – giving the money away! (Otherwise known as grant making). This covers grant making as it applies to a Private Ancillary Fund (PAF).
Philanthropic giving via private ancillary funds
A PAF is an efficient, satisfying and tax effective way to put a structure around philanthropy. It allows a donor to set aside capital to generate investment income for charitable purposes in perpetuity.
73% of Australians making a charitable donation
Many people involved in philanthropy give little or no money but rather volunteer their time and expertise in their local community or to a charity.