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Gain access to the fastest growing segment of the philanthropic sector

Sarah Harding May 13, 2014

< 1 min read

In the unique workshop series, Understanding Private Ancillary Funds (PAFs): workshop series for the not-for-profit sector, Philanthropy Australia CEO Louise Walsh will provide unparalleled insights on what PAFs are and how to access and engage with them.

So what are PAFs?

Introduced by the Howard Government in 2000, PAFs are a type of tax deductible private foundation that provide a vehicle for wealthy Australians to give.

PAFs have had a significant impact on the growth of philanthropy in Australia. As at June 2013, there were an estimated 1,200 PAFs with a combined corpus of $3 billion, and annual distribution of $165 million which is equivalent to 14 per cent of total tax deductable giving by active charities.

A PAF is usually required to distribute the equivalent of five per cent of its capital value every year. It must have a formal investment strategy and must be compliant with the Private Ancillary Fund Guidelines 2009 (the Guidelines).

Deepen your understanding

A lack of understanding on how to tap into, build and retain relationships with this market has meant that PAFs are a relatively underused funding source for many not-for-profits(NFPs).

Philanthropy Australia’s workshop series will provide NFPs with a deep understanding of PAFs, how to access them and also the opportunity to meet three PAFs face-to-face. You’ll be provided with take home materials and copies of the presentations for future reference.

Who should attend?

Board members
CEOs
Development and fundraising staff.

Philanthropy Australia

Philanthropy Australia (PA) is the national peak body for philanthropy and is a NFP membership organisation. With approximately 500 members, PA provides a platform for the growing movement of people and organisations who believe in the importance of giving.

To find out more about PA, visit www.philanthropy.org.au