Ready to start giving?
Establish a fund or foundation with us and join our community of givers.
Giving
Which giving vehicle is right for me?
Our two key vehicles for structured giving, Named Funds (also known as donor-advised funds) and Private Foundations (or private ancillary funds), enable you to:
- Build a lasting revenue stream for the causes you care about
- Make tax-deductible donations before deciding on which charities to support
- Engage family and friends in your giving
- Create a lasting legacy for future generations
- Be part of a thriving community of givers, giving you access to a variety of events and Learning Circles
But there are some differences between the two that will impact your experience of giving. Review the FAQs below to determine which option is best for you.
Are donations tax-deductible?
Named Fund
Yes
Unless you establish your Fund within our Extension Fund to give to non-DGR1 organisations
Foundation (PAF)
Yes
Can the public donate into my fund? Am I allowed to fundraise?
Named Fund
Yes
Foundation (PAF)
No
How long to get set up?
Named Fund
24–48 hours
Foundation (PAF)
6-12 weeks
What is the minimum initial donation?
Named Fund
$10,000
Foundation (PAF)
Ideally more than $2 million
Who can I give to?
Named Fund
Charities with DGR1 status
A deductible gift recipient (DGR) is an organisation that can receive donations that are tax deductible. Extension Funds can give to any charitable purposes.
Foundation (PAF)
Charities with DGR1 status
Who is the trustee?
Named Fund
Australian Communities Foundation Limited
Foundation (PAF)
You and the Directors you appoint are responsible for compliance and reporting to regulatory authorities.
Who are the directors of the trustee?
Named Fund
Foundation (PAF)
Family members and/or business partners are generally chosen as Directors. One independent person (a responsible person as defined by the ATO) must be appointed.
Who advises on grantmaking?
Named Fund
You advise the trustee, Australian Communities Foundation. Our community, advice and events are available if you want to explore and learn more about grantmaking.
Foundation (PAF)
You make the grantmaking decisions. You may choose to purchase our Inspiration package to use our granting expertise as part of your decision-making process.
Are there any minimum distribution requirements?
Named Fund
No minimum distribution requirements for individual funds.
As a public ancillary fund, Australian Communities Foundation must distribute 4% of the opening value of its corpus each year. This is calculated at the consolidated trust fund level, giving you flexibility as needed.
Foundation (PAF)
Yes, 5% of the opening value of the fund each year.
How often do I need to contribute?
Named Fund
Contribute as often as you like. There are no legal requirements.
Foundation (PAF)
Contribute as often as you like. There are no legal requirements.
Who manages the investments?
Named Fund
100% responsible investing managed by our advisers
Foundation (PAF)
Nominate an investment adviser or manage the investments yourself. Contact us if you are interested in investment support.
Are the investments tax-exempt?
Named Fund
Yes
Foundation (PAF)
Yes
Are franking credits refunded?
Named Fund
Yes
Foundation (PAF)
Yes
Can I be anonymous in my giving?
Named Fund
Yes
Foundation (PAF)
No
What costs are associated with maintaining the fund?
Named Fund
We charge a small fee for administration and support, and investment management. Review our fees for Named Funds.
Foundation (PAF)
We offer three packages for private foundations, which are each priced based on the level of support. Review our package fees.