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Tag : PAFs

Govt Targets PAFs & Fringe Benefits Tax

Xavier Smerdon, Thursday, 9th April 2015 -  The Abbott Government has announced changes to the way Private Ancillary Funds (PAFs) will be wound up and how the philanthropic funds can distribute their assets. Assistant Treasurer…

Private Philanthropic Funds Reach Record Levels

Lina Caneva, Thursday, 8th January 2015 -  Distributions from Private Ancillary Funds (PAFs) have grown to record levels in Australia reaching $251 million in 2012 and were estimated to exceed a cumulative $1.7 billion in…

Hot Topic

Innovative Ways of Operating a PAF

Staff Reporter, Tuesday, 28th January 2014 -  In JBWere’s Philanthropic Services’ first report on the contribution that Private Ancillary Funds (PAFs) make on Australia’s charitable sector, author John…

Private Funds Experience Fast Growth – Report

Staff Reporter, Thursday, 23rd January 2014 -  Giving from Private Ancillary Funds is growing faster than broad giving in Australia, a recent report from JBWere’s Philanthropic Services has revealed. According to the…

Private Ancillary Fund Deadline Extended

Lina Caneva, Tuesday, 12th November 2013 -  The charity regulator, the Australian Charities and Not-for-Profits Commission is giving Private Ancillary Funds five more months to ask that their information not be made public…

Opinion

A Peak Into the Future of Private Philanthropy

Staff Reporter, Wednesday, 2nd November 2011 -  To mark the tenth birthday of contemporary philanthropy in Australia – the creation of prescribed Private Fund or PPF – philanthropist and Executive Chairman of HSC…

Changes to Public Ancillary Funds

Staff Reporter, Monday, 22nd November 2010 -  The Federal Government has released a Discussion Paper for public consultation on improving the integrity of public ancillary funds which aims to increase public confidence in…

SVA launches Private Ancillary Fund Service

Staff Reporter, Monday, 13th September 2010 -  Social Ventures Australia (SVA) has launched a Private Ancillary Fund Service to help Australian philanthropists understand PAFs and their contribution to the Not for Profit sector.…

Philanthropic Sector Expands Sharply

Staff Reporter, Friday, 26th March 2010 -  The latest Private Ancillary Fund statistics from the Australian Tax Office show strong growth in donations and assets in the philanthropic sector. The statistics for the 2007-08…

ATO Finds Public Ancillary Fund Breaches

Lina Caneva, Thursday, 14th January 2010 -  An Australian Tax Office investigation has found that a number of Public Ancillary Funds endorsed as deductible gift recipients (DGRs) are in breach of their trust deed.

Following
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Philanthropy Australia Launches PAF Handbook

Staff Reporter, Tuesday, 10th November 2009 -   The PAF Handbook has been written by David Ward, the author of the well received Trustee Handbook, and will be provided free on-line to Philanthropy Australia members.  …

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