Private Ancillary Fund (Giving Fund)
Private Ancillary Fund (Giving Fund) Setup, Compliance, Management & More
A Giving Fund (formerly known as an ancillary fund or sub-fund) is a tax-effective charitable trust in Australia, often managed within a public foundation, that allows donors to invest assets and distribute grants to charities over time.
Your Accounting Partner
We offer accounting services tailored for Financial Advisors and Accountants looking to expand their offerings or for accountants who would like to outsource their Private Ancillary Fund (Giving Funds) compliance and administration. This partnership allows you to provide seamless Giving Fund management and compliance services under your brand, supported by our expertise and infrastructure.
The accounting and administration services include:
- Private Giving Fund setup
- Private Private Ancillary Fund (Giving Funds) administration
- Online reporting showing performance of your investments
- Giving policy
- The Australian Charities and Not-for-profits Commission (ACNC) Lodgements
- Private Ancillary Fund (Giving Funds) compliance, including ATO Annual Information Return and Application for Refund of Franking Credits
- Attending required board meetings
- Coordination and management of the annual Private Ancillary Fund (Giving Funds) audit
- Coordinating donations with charities
- Coordinating the annual audit with the auditors
- Charity research and inquiries
- Implementing a Private Ancillary Fund (Giving Fund) as part of your estate planning strategy
- Communicating with your financial advisor on how to best administer your PAF
Our Process
How we work with you
Initial Meeting
We will discuss your giving vision and requirements and get an overview of our services and fee structure.
Setup
Following your approval, we’ll implement your Giving Fund’s structure, investment strategy, and giving policy, quickly getting your fund operational.
Implementation
We create the required documentation, establish necessary accounts, and set governance policies and assist you with making your first contribution to the Private Ancillary Fund (Giving Funds).
Ongoing Management
We handle all compliance and management aspects of your Private Ancillary Fund (Giving Funds), keeping you informed and engaged.
GIVING
Enjoy the rewards of your generosity with the peace of mind that your investments and compliance are expertly managed.