Thu, 12 Jul 2012
Perpetual has distributed $12.5 million in funding for not-for-profit organisations during its annual funding round, which allocates money from its discretionary trusts to charitable organisations. This allocation is up from $9.1 million in 2011, demonstrating that despite the current economic environment, trusts are still able to provide a vital source of consistent funding.
This growth is due, in part, to an increase in the number of philanthropic trusts established with Perpetual as sole or co-trustee, which has led to an increase in distributable income. Perpetual’s prudent financial management has also played a role in ensuring reliable returns, which allows these trusts to continue funding the causes that philanthropists are passionate about.
Social welfare organisations received $4.6 million in funding, comprising 36.7 per cent of all distributions. The education sector received the biggest increase in distributions, up by over 200 per cent, to $1.7 million.
The marked increase in funding to the education sector reflects an increasing recognition of education as an ‘enabler’. Education can be a circuit-breaker in a cycle of poverty and contributes to making a long-term difference in people’s lives. Philanthropists are increasingly looking at issues from this strategic perspective to see how their funds can have the biggest impact.
The funding provided to charities during Perpetual’s annual funding yielded distributions from $4,000 to $200,000, with an average distribution of $58,000. While this is a large range, not-for-profit organisations are selected for funding based on their ability to deliver real outcomes that have a measureable impact. The philanthropists Perpetual works with are most concerned with understanding the difference that their donation can make, rather than the amount requested.
Overall, the $12.5 million from Perpetual’s 2012 Funding Round was distributed to 187 organisations for activities across Australia and internationally, in the areas of health and medical research, social welfare and education, environment, arts and culture, and animal welfare.
Information about applications for Perpetual’s 2013 funding round will be available in November 2012 at www.perpetual.com.au/fundinground. Organisations can also register to receive updates at this address.
Mon, 25 Feb 2013
Perpetual Investments has been named Fund Manager of the Year by Morningstar in its Morningstar Awards 2013. Find out more
Fri, 09 Mar 2012
In March 2012 Perpetual was awarded 'Employer of Choice for Women' status for 2012 through the Equal Opportunity for Women in the Workplace Agency (EOWA). Find out more
Wed, 23 Jan 2013
Transfer of traditional trustee services to Perpetual Trustee Company Limited Find out more
Wed, 12 Dec 2012
Perpetual Investments has been awarded a $165 million Australian equities mandate. Find out more
Wed, 17 Oct 2012
Perpetual has distributed over $1.6 million in funding to Australian biomedical researchers on behalf of the Ramaciotti Foundations.
Professor Katherine North AM, the researcher responsible for discovering the ‘gene for speed’ has been awarded the prestigious Ramaciotti Medal for Excellence in Biomedical Research and a $50,000 grant. Find out more
Mon, 23 Jul 2012
Directors of charitable not-for-profit (NFP) organisations face challenges that are unique to their sector but no less pressing than those of the commercial sector, according to the participants of a groundbreaking scholarship program. Find out more
Thu, 12 Jul 2012
Perpetual has distributed $12.5 million in funding for NFPs during its annual funding round, up from $9.1 million in 2011. Find out more
Mon, 25 Jun 2012
Perpetual releases Transformation 2015 strategy to achieve vision of becoming Australia’s largest independent wealth manager of choice. Find out more
Wed, 09 May 2012
An analysis of the Federal Government's 2012/13 Budget, delivered on 8 May 2012. Find out more
Mon, 23 Apr 2012
Most of us know that getting advice from a financial adviser can help us achieve our financial goals, whatever they may be. However, many of us can only determine the quality of that advice after many years, following the success or failure of the recommended strategies. This is because we generally only see one financial adviser, so we don’t have the opportunity to compare services. Find out more
Wed, 11 Apr 2012
The limitations of European solutions are concerning investor. The market’s four month rally has faded and Europe’s troubles have spread into the bigger economies, Matt Sherwood, head of investment markets research, Perpetual Investments, provides this market update. Find out more
Tue, 03 Apr 2012
Volatility, a term often used to describe fluctuations in returns, is also a way of measuring risk. Different investments carry different levels of risk and return. Find out more
Thu, 23 Feb 2012
ASX announcement Find out more
Fri, 09 Mar 2012
As many clients know from painful experience, share funds can suffer losses quickly. That was certainly the case during the GFC when sharemarkets around the world sank. Find out more
Mon, 06 Feb 2012
The Perpetual Limited Board has appointed Mr Geoff Lloyd as Chief Executive Officer and Managing Director, effective 06 February 2012. Find out more
Tue, 01 Mar 2011
Estate planning is an essential part of managing your finances, especially if you have a family, a business or a complex financial situation. Find out more
Mon, 15 Aug 2011
Perpetual Investments has partnered with Wellington Management Company, LLP (Wellington Management) to manage the Perpetual International Share funds, giving clients access to a world class manufacturer of international equities products. Find out more
Fri, 02 Dec 2011
With Australia becoming increasingly litigious, individuals and business are more exposed than ever. Find out more
Fri, 27 Jan 2012
With Australia's ageing population increasing, many people are faced with the prospect of taking care of their elderly parents. Peter Whitehead, Senior Manager – Fiduciary at Perpetual Private, talks about the challenges of managing a relative's financial affairs. Find out more