At Perpetual, we can help you calculate a ‘philanthropy budget’ so you can integrate your philanthropic goals into your broader financial planning. Then we help you identify the structure that best suits your personal, financial and philanthropic objectives.
For many people, the key to tax-effective giving – and giving with impact – lies in a charitable trust structure. There are some variants – but the principle is the same.
- You deposit some capital within a trust structure.
- That capital is invested (with certain tax advantages) with the aim of growing over time.
- A regular distribution is paid from the trust towards the organisations, causes and communities you care about.
- The trust structure is perpetual, meaning your capital can grow (and distribute) over a long period – and continue to operate even after you pass away.
Choosing the best structure for you
Private Ancillary Funds
A Private Ancillary Fund is your own charitable foundation. Your funds are invested and your foundation distributes to charities or causes of your choice.
Minimum donation amount: $500,000
Benefits:
- You choose the beneficiary organisations (or ask Perpetual for advice) and can be involved in the administration of the foundation.
- Your donations are generally tax-deductible.
- You can give for generations – these trusts can exist in perpetuity.
- You can involve your family or friends.
Perpetual Foundation Endowments
Perpetual runs a Public Ancillary fund called the Perpetual Foundation. Your donation creates an endowment within the Perpetual Foundation. The Foundation funds are invested and distributions paid to organisations you recommend.
Minimum donation amount: $20,000
Benefits:
- Simple and effective – Perpetual manages all administration.
- You can recommend organisations (or ask Perpetual for advice).
- Your donations are generally tax-deductible.
- You can give for generations – these endowments can exist in perpetuity.
- You can name the endowment after your family, your business or to honour a loved one.
Download our brochure on Perpetual Foundation Endowments
If you have an existing Perpetual Foundation endowment and would like to update your preferred grant recipient/s, please download the Perpetual Grant Recommendation form.
View an example legal clause that can be inserted into your will to enable the establishment of a Perpetual Foundation endowment.
Perpetual Philanthropic Services and advice
Perpetual Philanthropic Services and advice are provided by Perpetual Trustee Company Limited (PTCo) ABN 42 000 001 007 AFSL 236643. PTCo is the trustee for the Perpetual Foundation - Endowment Fund and Private Ancillary Funds. The information brochure for the Funds, issued by PTCo, should be considered before deciding whether to invest.
Fees and charges
The schedule of fees and charges for estate planning, administration of deceased estates, trusts, philanthropic trusts and Health and Personal Injury clients are outlined in our Financial Services Guide please click here