Straightforward philanthropic solutions
Private and public ancillary funds enable an individual, family or organisation to put aside money in a trust to support charities over the long term. They are an efficient, satisfying and tax effective way to put a structure around your philanthropy.
Receive a tax deduction on your donation now, choose charities to support later
Provide enduring revenue to charities you care about
Invest your charitable funds over the long-term
Create a legacy that lasts beyond your lifetime
Book in a call with an expert adviser
Setting up a private ancillary fund (PAF) is easy and cost-effective with APS.
Invest, grow and gift your money to charity with our public ancillary fund.
Once your structure is up and running, we can help you to develop a plan for your charitable giving, suggest organisations that match your interest areas, inspire your kids’ giving or connect you with like-minded philanthropists.
Not sure which structure is right for you? This handy table will help. You can also download the brochure.
|Private ancillary fund (PAF) with APS
|Giving fund in the APS Foundation
|How long does it take to get started?
|How much do I need to get started?
|Ideally $1 million or more
|A minimum donation of $40,000.
|Can I get a tax deduction?
|Yes, and it can be spread over five years.
|Who is the trustee?
|You can choose. APS will arrange a special purpose company, for whom you nominate directors to act as trustee.
|APS Foundation Pty Ltd.
|Who are the directors of the trustee?
|You can choose. Directors will generally be family members and one independent person (the ‘Responsible Person’).
|APS chairman Chris Cuffe AO, technical director David Ward and CEO Judith Fiander.
|Can I have a say in giving decisions?
|Yes, as directors of the trustee company you decide.
|Yes. You nominate the charities to be supported from your giving fund.
|Who can receive gifts?
|Charities with Deductible Gift Recipient (DGR) Item 1 status.
|How much has to be distributed each year?
|5% of the opening value of the fund each year.
|3% of the opening value of your giving fund each year.*
|What ongoing support does APS offer?
|All accounting, administration and compliance functions, as well as philanthropic giving support. APS will also facilitate trustee meetings and the annual audit.
|The APS Foundation will take care of everything, so you can focus on choosing the charities you want to support.
|Who manages the investments?
|You choose the investment adviser or you can manage investments yourself.
|One diversified, pooled investment strategy, managed by the APS Foundation.
This information is intended as a guide only.
* The Australian Taxation Office amended the rules that govern the minimum gifting requirements of public ancillary funds, including the APS Foundation, to encourage increased giving during the COVID-19 pandemic. A ‘credit’ was introduced for Foundations that have exceeded the minimum giving requirement during the previous two financial years. As a result of the amended rules and APS Foundation giving fund holders’ significant generosity, the minimum giving requirement for the APS Foundation has been reduced from 4% to 3% until 30 June 2026.