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New PPF Guidelines released (25/6/2009)
Philanthropy Australia welcomes the release of new draft guidelines for Private Ancillary Funds, formerly known as Prescribed Private Funds (PPFs). It is pleasing that Treasury has adopted the recommendation of Philanthropy Australia, its members and the wider philanthropic sector to set a minimum distribution rate of 5%.
Read the full news article
Download the Press Release here
Read the full Policy Alert (Members Only)
“I don’t really see myself as a philanthropist. Perhaps it’s an age thing - I’ve always viewed philanthropists as in their 70s and 80s, I’m only in my 40s. Social entrepreneur sounds far too progressive for what I do, but in terms of philanthropic activities I get involved with I really like to roll my sleeves up and get very involved.”
- Ian Darling, The Caledonia Foundation & Documentary Australia Foundation.
Are you looking to take your giving to a higher level? Are you:
- successful in business, and keen to use those skills for the common good?
- making donations but keen to get involved in more meaningful and creative ways?
- interested in the ’social fabric’ and often particular issues close to home?
- concerned about personal wealth and its associated issues?
- interested in an opportunity to bring family members together, and pass your values on to future generations, via your philanthropic activities?
If you share some or all of these characteristics, whether you’ve just set up a PPF or are thinking of doing so, this site is for you. It’s a hub for those interested in Prescribed Private Funds. It offers legal and structural information about PPFs, issues and debates relating to philanthropy, case studies and interviews with PPF founders and trustees. If you wish to learn more about the best way to really make a difference, start by exploring the links on the right.
Here are some resources we think you’ll find useful right now: