Perpetual Foundation Endowment Fund
The Perpetual Foundation Endowment Fund (the Fund) offers a simple, quick and flexible way to establish a planned giving program.
Key features
- Designed for people who want a simple and cost-effective way to give, or don’t want the responsibility of being a charitable trustee.
- Provides a sustainable source of funding to the community.
- You can recommend the causes you wish to support.
- We do all the work – from research and administration to final distribution of funds to the community.
- Can be established within 48 hours.
- $20,000 minimum initial donation (tax-deductible).
How the Fund works
When you make a donation, you establish your own endowment within the Perpetual Foundation (Foundation), an existing charitable trust. The Foundation carefully invests your donations and each year distributes the income earned to a range of charitable and non-profit organisations. You can recommend organisations which the Foundation will consider when making grants from your endowment. As trustee of the Foundation, we manage the regulatory compliance, reporting, administration, annual accounts, auditing, investment and distribution of funds.Benefits of giving through the Fund
Simple to establish
Establishing an endowment is easy. Unlike establishing your own private ancillary fund or charitable trust it only takes 48 hours to organise and we manage all the administration, grant distributions and reporting for you.
A sustainable gift
Rather than giving a one-off donation directly to a charity, your endowment is invested with the aim of creating a gift that lasts forever. The capital is carefully invested and income earned is distributed each year.
Flexibility
You only need a minimum of $20,000 and you can make additional donations at any time. You can choose to be acknowledged or remain anonymous when organisations receive grants. You can also invite other people to donate to your endowment and they will be issued with a receipt.
Name your endowment
You can choose to name your endowment – in your own name, your family, in memory of a loved one or business name. It’s your choice.
Tax advantages
Donations to your endowment are generally tax deductible.
Professional investment management
Your donations are invested according to a specially designed investment strategy for charitable endowments, which aims to provide long-term capital growth and a regular income stream.
To find out more
For more information about planned giving through the Perpetual Foundation Endowment Fund phone us on 1800 501 227.
Perpetual Philanthropic Services and advice are provided by Perpetual Trustee Company Limited (PTCo), ABN 42 000 001 007, AFSL 236643. This information has been prepared by PTCo. It contains general information and is not intended to provide you with advice or take into account your objectives, financial situation or needs. The Trustee of the Perpetual Foundation - Endowment Fund is Perpetual Trustee Company Limited (PTCo), ABN 42 000 001 007, AFSL 236643. The information brochure for Perpetual Foundation - Endowment Fund, issued by PTCo, should be considered before deciding whether to invest. The brochure can be obtained by calling 1800 501 227 or visiting www.perpetual.com.au. No company in the Perpetual Group ABN 86 000 431 827 (Perpetual Group means Perpetual Limited and its subsidiaries) guarantees the performance of any fund, stock or the return of an investor’s capital. Past performance is not indicative of future performance.
