Australians have record levels of wealth and are thinking of giving back to society in meaningful ways during their lifetimes.

It was wonderful to participate in a panel discussion with Canva employees to explore philanthropy and giving at every scale, with the resounding message: “Just start!”

APS has launched a new service to help families shape a more purposeful legacy — one grounded in generosity, not just wealth.

Australians who have more than they need may want to think about putting greater purpose into their financial plans through philanthropy.

APS is proud to support MDGH with our public fund, APS Foundation and some of our Private Ancillary Fund (PAF) clients donating and investing through their philanthropic structures to help develop a treatment for river blindness.

Kate Stone, Head of Giving Services at APS, offers an update on what’s catching clients’ attention, and which emerging trends are influencing client giving.

APS had a record year of charitable giving, proudly supporting over 950 clients to give $200m to charity last year. Here’s a snapshot of our giving and growth in FY24.

The APS Foundation is the fastest-growing public ancillary fund in Australia with over 600 giving funds totalling over $350million.

The investment objective for the APS Foundation is to achieve a return after fees at least equal to CPI inflation +4% per annum, measured over rolling seven-year periods.

Australian Philanthropic Services (APS) has announced a record year for charitable giving from its clients in the last financial year. APS clients collectively gave $200 million to charities in FY24, a sizeable uplift from $162 million in FY23.

Tax time and charitable giving go hand-in-hand, but those who are especially generous this financial year can significantly boost their tax savings ahead of the stage three tax cuts.