Thanks to the generosity of our clients, Perpetual distributes around $100 million annually from the charitable trusts and endowments we manage.
Many of these trusts and endowments are created with specific directions around the charities that will benefit.
However, where trusts and endowments have a more flexible approach to grant making, we undertake a rigorous application program that matches our clients’ wishes with suitable organisations.
Our IMPACT Philanthropy Application Program allows philanthropists and Not-for-Profits (NFPs) to connect, and allows NFPs to demonstrate how they improve outcomes for the communities in which they operate.
We encourage high quality outcomes by identifying organisations that can maximise their impact through:
- good governance
- solid leadership
- strong strategy
- an outcomes focus.
applications are opening soon
KEY DATES: 2022 IMPACT PHILANTHROPY APPLICATION PROGRAM
Applications open: Monday 25 October 2021 at 9am AEDT
Applications close: Friday 3 December 2021 at 5pm AEDT
Applicants informed of outcomes: by Thursday 30 June 2022
Information for the 2022 applications will be available in October, however please refer to the below 2021 resources as reference.
Perpetual is honoured to assist our clients in providing funding to organisations with programs that align to the areas they wish to support through their philanthropy.
Please note that the following conditions apply to all grants provided by Perpetual:
The funds received may be only used for the purposes outlined by your organisation in your grant application. If the nominated activity does not proceed, it is your organisations responsibility to let us know as soon as possible so that we can agree on an appropriate course of action, which may include any unspent grant funds being repaid to the Trust that provided the funding. If you wish to make any changes to the timeframe, project focus or expenditure of your grant, please complete and submit a Change Request form, available under My Submissions in your Perpetual SmartyGrants profile. All changes must be approved by Perpetual as Trustee before proceeding.
The charitable tax concession and deductible gift recipient status of your organisation are correct during the period of 26 Oct 2020 to 30 June 2021on the ABN Lookup website.
During the funding period your organisation remains registered with the ACNC and does not have any enforcement actions taken out against it by the ACNC and is not more than 12 months overdue in its reporting obligations to the ACNC. For more information click here.
In the event a receiver, liquidator, administrator, trustee or similar official is appointed over your organisation, or an application is made or resolution is proposed for the winding up of your organisation, any unspent grant funds that cannot be utilised for the nominated activity must be repaid to the Trust that provided the funding.
Your organisation is required to submit an Acquittal Report to us for funding received. Acquittal reports must be submitted by 31 January annually until your grant obligations are completed and funding has been fully utilised. Failure to provide acquittal reports by these deadlines will be taken into account when considering future funding applications from your organisation. Blank Acquittal Forms will be available under My Submissions in your Perpetual SmartyGrants profile. If you are not the person in charge of completing acquittal reports, please let the most appropriate team member know where the forms are located.
As part of Perpetual’s response to the COVID-19 pandemic and the impact it is having on the sector, we are providing flexibility for grant reporting periods. An additional twelve months for expenditure of funds has been provided for any grants received through the 2019 and 2020 IPAP rounds. The extension has been applied automatically including amendment of acquittal due dates.
You are still required to submit an annual acquittal report (additional interim forms have been provided) until the revised final report date (see below). Final reports can be submitted at any time, if all grant funds have been spent and the project is completed.
IPAP Round Final acquittal report now due:
2019 IPAP Funding by 31 January 2022
2020 IPAP Funding by 31 January 2023
If your organisation received an ad hoc or general distribution, outside of our annual IMPACT Philanthropy Application Program, you may also be required to submit an acquittal report. Please refer to your notification of funding for further details.
If your organisation is unable to meet any of these conditions, please notify Perpetual as soon as possible. Please call us on 1800 501 227 during business hours (EST) or email firstname.lastname@example.org
Recognition of donors
If your NFP organisation wishes to name the trusts or endowments that have provided funding for your activity via your website, newsletters or in the media, please email email@example.com to request approval.
Perpetual’s 2020 Australian Philanthropy Insights Report
Every year Perpetual collects a wide range of data on the NFP sector via funding applications from our IMPACT Philanthropy Application Program (IPAP). This report examines that data – and adds insights from our Philanthropy team.
WHITE PAPER: A NEW APPROACH FOR AUSTRALIAN NFP FUNDRAISING
This white paper helps NFP boards and executives to improve their fundraising capability with information, advice, tools and case studies.