in the areas of taxation
and philanthropy at
Australian Executor
Trustees.
your lifetime, rather than making a series of
charitable donations it might be appropriate
to consider establishing a long-term giving
structure that can perpetuate your long-term
philanthropic intentions.
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as how much you would like to give and how
involved you want to be in the process of
giving, as well as the reasons that drive your
philanthropy. Ask yourself if you would like
to be engaged and involved on a long-term
basis, if you would like to leave a significant
sum of money, or if you would like to leave
a legacy and involve future generations
of your family.
ENDOWMENT FUND?
can establish an account. You can nominate the
charity or charities you would like to benefit
from your donation. While the trustee will
the final decision about the distribution of
funds. You will not have any input in the
investment strategy of the fund.
program but do not have a desire to be
involved in the investment management
or decision-making process.
ANCILLARY FUND?
deductible donations can be made. It allows
you to build an investment portfolio of
carefully selected assets for the purpose of
supporting philanthropic causes that have
significant meaning to you. This fund is
appropriate if you want to apply a significant
amount of your wealth to charitable purposes
and be involved in the ongoing decision-
making and application of that money.
the perpetual structure of a PAF allows you
to create a long-term giving strategy for your
nominated charities that will provide funding
in your (or your family's) name forever.
as to how the PAF is managed. This ensures
Ivana Bosio outlines your philanthropic options.