Structuring advice for your PAF, charity or NFP
Structuring advice for your PAF, charity or NFP Choose the right structure for your giving before you commit to it. Structured giving starts with a decision that is hard to undo: which vehicle holds the money. A Private Ancillary Fund, a registered charity and a not-for-profit are governed differently, taxed differently, and hand control to […]
Set up a legal entity for your PAF, charity or NFP
Set up a legal entity for your PAF, charity or NFP Get the entity right so your cause can outlive the person who started it. Which entity should hold your charitable work? A charitable trust, an incorporated association and a company limited by guarantee are all used for the same causes, and they hand control, […]
Register and licence your PAF, charity or NFP
Register and licence your PAF, charity or NFP Get registered so donors are backing an institution, not just you. Until the registrations are through, your organisation is an intention rather than an institution. Donors can’t claim a deduction, grant bodies won’t consider you, and the ATO can look back at the structure later. We prepare […]
Run, manage and administer your PAF, charity or NFP
Run, manage and administer your PAF, charity or NFP Keep the obligations handled so the organisation stays about the cause. An organisation that is registered has to stay registered. That means an annual statement to the charity regulator, distribution obligations if you are a Private Ancillary Fund, governance standards the board has to actually meet, […]
Understanding the role of responsible persons in Private Ancillary Funds
“With great power comes great responsibility”- Uncle Ben to Spiderman Individuals, families and organisations wishing to engage in philanthropy often choose to do this through a Private Ancillary Fund (PAF) . We think this is a great idea, but as you might expect, because they involve tax-advantaged donations and are used to distribute funds to […]
Seedling Giving x Andreyev Lawyers: How to distinguish between high and poor performing charities this EOFY
At Andreyev Lawyers, giving back is something we believe in strongly. We feel privileged to be in a position to support causes we believe in, and we love to encourage individuals and groups in our network to do the same. Many of our clients have a goal to give – whether by donating their time, […]
Booklet: Private Ancillary Funds (PAFs) (Chapter 12 – Overview of a PAF)
Below is Chapter 12 of our ‘Private Ancillary Funds’ booklet. To read the other chapters of our booklet, click the links below: Chapter 1 – Giving back to the community Chapter 2 – Brief history Chapter 3 – An overview of ancillary funds Chapter 4 – What is a PAF? Chapter 5 – Who can […]
Booklet: Private Ancillary Funds (PAFs) (Chapter 11 – Is a PAF a good option for you, your family, chosen cause or clients?)
Below is Chapter 11 of our ‘Private Ancillary Funds’ booklet. To read the other chapters of our booklet, click the links below: Chapter 1 – Giving back to the community Chapter 2 – Brief history Chapter 3 – An overview of ancillary funds Chapter 4 – What is a PAF? Chapter 5 – Who can […]
Booklet: Private Ancillary Funds (PAFs) (Chapter 10 – Common questions about PAFs)
Below is Chapter 10 of our ‘Private Ancillary Funds’ booklet. To read the other chapters of our booklet, click the links below: Chapter 1 – Giving back to the community Chapter 2 – Brief history Chapter 3 – An overview of ancillary funds Chapter 4 – What is a PAF? Chapter 5 – Who can […]
Booklet: Private Ancillary Funds (PAFs) (Chapter 9 – Winding up a PAF)
Below is Chapter 9 of our ‘Private Ancillary Funds’ booklet. To read the other chapters of our booklet, click the links below: Chapter 1 – Giving back to the community Chapter 2 – Brief history Chapter 3 – An overview of ancillary funds Chapter 4 – What is a PAF? Chapter 5 – Who can […]