Tag Archives: Public Ancillary Funds

“Splash in the shallows” – family foundations testing the waters


I am fascinated by private ancillary funds (PAFs) which are generally family foundations, so was very pleased to attend the Philanthropy Australia conference‘s session which highlighted the experiences of four family foundations at various stages of maturity, expertise and development. … Continue reading

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What I learned about PAFs at the Community Foundations Forum Pt 1


Not so long ago I wrote about the new draft guidelines and legislation for Public Ancillary Funds. The new regime will come into effect on 1 January, but there will be a three year period for Public Ancillary Funds to … Continue reading

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Public Ancillary Funds – new draft guidelines


The Federal Assistant Treasurer, Bill Shorten, has released new draft guidelines for Public Ancillary Funds (often known as PAFS and usually given the deductible gift recipient designation of DGR2). The Australian Tax Office describes Public Ancillary Funds as “public funds … Continue reading

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Govt review of public ancillary funds


The then Assistant Treasurer and Minister for Financial Services and Superannuation,  Bill Shorten announced a review into public ancillary funds, calling for submissions by 17 December 2010. Treasury stated that: “The proposed changes introduce a new regulatory framework similar to … Continue reading

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the first rule of screenwriting


They say that the first rule of screenwriting is to write about what you know – and I think I know a little bit about philanthropy, so I am aiming to share some it here – and I am indeed … Continue reading

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