$9 million distributed to charity on behalf of our clients
Where clients don’t have a specific charity in mind to support, their charitable funds are distributed through an annual funding round. In this year’s funding round, we were able to provide over $9 million in funding from the charitable trusts we manage, to 200 organisations across Australia in areas such as arts and culture, health, conservation and environment, social welfare, education and medical research.
Competition for funding remains tight
Competition between non-profit organisations remained tight with more than 900 applying for funding. Organisations were assessed on their strategy, outcomes, capability and leadership. Successful recipients varied in size, from local organisations with $30,000 annual revenue, through to multi-million dollar national organisations. Read our media release for more information.
When distributing funds, we aim to match our clients’ philanthropic intentions with suitable charities or projects. However governance also plays a key role in our assessment process. An organisation needs to demonstrate clear objectives, how it is going to achieve them and how it will measure the results.
With so many charities in need, we believe this assessment process gives peace of mind to our clients knowing that their gifts are going to organisations that will have the biggest impact on the community.
Find out more about our Philanthropy Services
See more information about our services for philanthropists and non-profit organisations.
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Perpetual Philanthropic advice and services are provided by Perpetual Trustee Company Limited (PTCo) ABN 44 000 001007, AFSL 236643. This article has been prepared by PTCo. It contains general information only and is not intended to provide you with financial or taxation advice or take into account your objectives, financial or taxation situation or needs. The taxation information contained in this document is not taxation advice and should not be relied upon as such. You should consider whether the information is suitable for your circumstances and we recommend that you seek professional financial, tax and/or legal advice. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. The information is believed to be accurate at the time of compilation and is provided by PTCo in good faith.
