Private Foundations (PAFs)
Private Ancillary Funds
Private Foundations
Private Ancillary Funds
Start your own foundation
For those looking to join our giving community while retaining the independence of their own foundation, we can support you in setting up a private ancillary fund (PAF).
PAFs can be an attractive option for anyone who wishes to be actively involved in the governance of their giving vehicle, including investment management. In addition to support with establishment, we provide ongoing assistance through tailored packages.
What is a private ancillary fund (PAF)?
A private ancillary fund (PAF) is a standalone charitable trust that offers a strategic way for individuals, families and groups to manage their philanthropy, including how their donations are invested. With its own governance and investment strategy, a PAF is ideal for those who want to be actively involved in the operation of their philanthropic structure.
Private Foundations (PAFs) at Australian Communities Foundation
✓ Tax-deductible donations
✓ Greater control: You and the Directors you appoint are the Trustees; you nominate an investment adviser or manage the investments yourself
✓ Access ongoing support and enjoy the benefits of joining our giving community, including strategic grantmaking inspiration, co-funding initiatives and networking opportunities with likeminded givers
✓ Get set up in 6-12 weeks. $5,000 establishment fee (plus disbursements and GST)
✓ Recommended minimum initial donation of more than $1 million or start a Named Fund with $10,000
✓ Support for both new and established foundations keen to leverage the benefits of outsourcing
✓ Tax-deductible donations
✓ Greater control: You and the Directors you appoint are the Trustees; you nominate an investment adviser or manage the investments yourself
✓ Access ongoing support and enjoy the benefits of joining our giving community, including strategic grantmaking inspiration, co-funding initiatives and networking opportunities with likeminded givers
✓ Get set up in 6-12 weeks. $5,000 establishment fee (plus disbursements and GST)
✓ Recommended minimum initial donation of more than $1 million or start a Named Fund with $10,000
✓ Support for both new and established foundations keen to leverage the benefits of outsourcing
Fund or Foundation? Visit Starting a Fund or Foundation for a comparison or contact us for a conversation about which option is right for you.
Key benefits of Private Foundations (PAFs)
Give now, decide later
When you contribute to your Private Foundation, you receive an immediate tax deduction and the flexibility to distribute to your causes later.
Retain greater control
A Private Foundation gives you greater control over your giving. You and the Directors you appoint are the Trustees, and you nominate an investment adviser or manage the investments yourself.
Build a lasting legacy
You can invest your balance for the long term so you can support the causes you care about beyond your lifetime. A Private Foundation can also be a great way to honour a loved one, or get your family involved in giving.
How it works
Establish your foundation
Australian Communities Foundation can support you in establishing your own foundation. Contact us for a conversation about how we can help.
Once you complete the relevant paperwork, we will prepare the deed, ensure incorporation and manage all approvals with the Australian Taxation Office and the Australian Charities and Not-for-profits Commission for a one-off establishment fee of $5,000 plus disbursements and GST. Alternatively, we can work with your trusted advisor to establish your foundation.
client story: V&F Housing
“ACF helped us set everything up administratively and legally – it’s been a very positive experience. We then came back to ACF for ongoing support… ACF helps us stay focused on our idea and brings us back regularly to look at the tasks and break things down into bite-sized pieces.” Read more
Choose your level of ongoing support
Running a Private Foundation can and should be a joy, but it can feel lonely or even laborious when you don’t have the right support. Our ACF Advisory packages for Private Foundations connect you to community, inspiration and expertise, giving you confidence and peace of mind.
Package 1: Granting
Bring your giving goals to life in a strategy co-designed with philanthropic experts. Ongoing support ensures you connect with people and ideas to inspire you, plus granting recommendations that maximise your impact.
Package 2: Compliance
Enjoy peace of mind knowing that all your administrative obligations are met. Our expert team undertakes all compliance, financial and secretariat services, and regularly reports to your trustees.
Full Package
This full-service offering encompasses both package 1 and 2 above, helping you achieve both strategic purpose and freedom from the compliance burden, ensuring effective and efficient philanthropy.
Fee information is available here.
Get started
or learn more
Contact us for a conversation
Give us a call on 03 9412 0412 or register below to book in your free consult and start a conversation about your giving journey.
