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Investment returns matter for public ancillary funds
For many people, the investment returns offered by a prospective public ancillary fund (PuAF) are top of mind. They want to know that their donated funds will grow steadily over time, building their legacy so they can give more money to charity.
New research from the University of Technology Sydney* confirms the compounding annual growth rate (CAGR) over the last eight years of the APS Foundation is 10%, exceeding our performance benchmark.
This pleasing performance is due to the stewardship of the APS Foundation’s capital by Australian Philanthropic Services’ chairman Chris Cuffe AO and the skill and generosity of more than 30 specialist fund managers, many of whom donate their services to the Foundation pro bono.
We congratulate Hugh McKinn for his university medal-winning research on Australia’s growing structured giving sector and his most recent work on public ancillary funds.
At APS, we’re supportive of transparency of investment performance for public ancillary funds. The better the returns, the more money that can be gifted to the community.
*Contact us for a copy of the research