New Government guidelines for private giving vehicles will help sustain philanthropy in Australia, writes Simon Mumme. It takes a lot of money to set up a private ancillary fund (PAF): about $500,000 is the accepted minimum. But committing this capital is only one part of philanthropy. Trustees running PAFs, formerly known as prescribed private funds (PPFs),
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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