IMPACT Funding

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.

The 2022 IMPACT Philanthropy Application Program

Application documents

2022 Applications are now closed

Register your interest 



Applications open: Monday 24 October 2022 at 9am AEDT

Applications close: Friday 2 December 2022 at 5pm AEDT

Applicants informed of outcomes: by Friday 30 June 2023



Applicants are encouraged to view all resources provided below before submitting an application.

Download the 2022 IMPACT Philanthropy Application Program Guidelines

Download the 2022 Frequently Asked Questions (FAQs)

Download the SAMPLE 2022 Application Form


View guidance to help you prepare your best application possible, including the key application questions we assess on.

Funding Conditions and Acquittal Reporting

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. Note that changes are limited in scope as defined by the funding trust. Any changes considered by Perpetual will be required to meet these terms. All changes must be approved by the appointed Trustees before proceeding.

  • The charitable tax concession and deductible gift recipient status of your organisation are correct during the period of 25 October 2021 to 30 June 2022 on 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.

  • We request that this grant is used only for the purpose(s) outlined in your funding notification. We ask that the grant is not applied towards electoral expenditure or used in relation to the creation of communication of electoral matter.

  • 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.

  • Acquittal forms are accessible through “My Submissions’ in your Smartygrants profile.   For all newly funded grants, these forms will generally be made available before the end of the December. 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.

    Acquittal Due Dates

    IPAP Round                     Next Interim Due                             Final Due

    2020 IPAP Funding          -                         by 31 January 2023*

    2021 IPAP Funding          -                          by 31 January 2023

    2022 IPAP Funding          by 31 January 2023                         by 31 January 2024


    * In 2020, as part of Perpetual’s response to the COVID-19 pandemic an additional twelve months for expenditure of funds was provided for grants received through the 2019 and 2020 IPAP rounds.  This extension was applied automatically including amendment of acquittal due dates in SmartyGrants profiles.
    Note that final acquittal reports can be submitted at any time if all grant funds have been spent and the project completed.

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


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 to request approval.

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Not-For-Profit and Philanthropy

Perpetual’s 2021 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). That data - and insights from Perpetual's community team - provide a real snapshot of what's happening in the community sector in Australia today.

Not-For-Profit and Philanthropy

The shortfall and the long fall: NFP investing in a low rate world



This white paper helps NFP boards and executives to improve their fundraising capability with information, advice, tools and case studies.



We’re also committed to supporting sector leaders and helping non-profit organisations manage their endowment investments.