Private Ancillary Funds (PAFs)
PAF Setup, Compliance, Management & More
We simplify the complexities of giving, enabling you to maximise the impact of your charitable efforts. With The Giving Advisory, you’re not just investing resources; you’re investing in a future of meaningful change.
What is PAF?
A Private Ancillary Fund (PAF) is a charitable trust designed for individuals, families, and associations to manage philanthropy effectively. It is a privately managed investment structure that offers a strategic way to set aside funds for philanthropic purposes.
We Are Your Full-Service Partner for Private Ancillary Funds
We offer comprehensive services to manage every aspect of your Private Ancillary Fund:
- Setup and Strategy: We establish your PAF’s structure and assist you in designing an investment strategy which is aligned to your philanthropic goals.
- Administration and Compliance: We will complete lodgements with the Australian Charities and Not-for-profits Commission (ACNC) and ATO annual returns, we manage all administrative and compliance requirements.
- Investment Management: We oversee the investments of your PAF, ensuring they align with your philanthropic objectives and governance standards.
- Online reporting: You will be able to track how your investments are performing via our online reporting.
- Audit and Reporting: We coordinate the annual audit to ensure your PAF remains compliant.
We handle the operational complexities, allowing you to focus on what matters most to you.
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 PAF compliance and administration. This partnership allows you to provide seamless PAF management and compliance services under your brand, supported by our expertise and infrastructure.
The accounting and administration services include:
- Private Ancillary Funds (PAF) setup
- PAF administration
- Online reporting showing performance of your investments
- Giving policy
- The Australian Charities and Not-for-profits Commission (ACNC) Lodgements
- PAF compliance, including ATO Annual Information Return and Application for Refund of Franking Credits
- Attending required board meetings
- Coordination and management of the annual PAF audit
- Coordinating donations with charities
- Coordinating the annual audit with the auditors
- Charity research and inquiries
- Implementing a PAF as part of your estate planning strategy
- Communicating with your financial advisor on how to best administer your PAF
Your Investment Management Partner
Our investment management service for accountants enables you to incorporate sophisticated investment management solutions into your services. We work behind the scenes, ensuring you can offer a full spectrum of PAF-related services to your clients, enhancing your firm’s capabilities and value proposition.
The Investment Management services include:
- Investment strategy
- Investment management of your PAF
- Attending required board meetings
- Communicating with your accountant 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 PAF’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 PAF.
Ongoing Management
We handle all compliance and management aspects of your PAF, 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.