Greg Johnson discovers how the Complete Guide to Australia’s Private Ancillary Funds can help fundraisers discover and better target PAFs.
With Australia’s private ancillary funds (PAFs) required by law to distribute 5% of the $2.26 billion held in such structures annually, they represent at least $100 million in funding for eligible organisations. But, with the Australian Tax Office no longer disclosing details of new PAFs, how are fundraisers to locate structures interested in funding their work?
That’s where Global Philanthropic’s Complete Guide to Australia’s Private Ancillary Funds comes in. The guide lists over 1,000 PAFs around Australia and is updated on a regular basis, according to senior researcher Jacqueline Cameron.
“We have a dedicated research person who works on constantly updating the PAF guide,” explains Cameron. “Between 30 and 45 entries are added or updated each month by the researcher.”
While these are private funding structures, Global Philanthropic contacts each listing on an annual basis to both confirm and update the information held on each, which ensures the trustees know what information is being held and how it’s being used by fundraisers and prospect researchers.
Inside the guide
The website-based guide contains a varying level of detail on each PAF, depending on what the trustees of each has made available or can be uncovered by the researcher. Where available, it lists history about the PAF and its funding, a list of director names, full contact information, and the geographic location and categories which it funds.
Each listing also notes when the information was last updated, as well as when it was last verified by the PAF holder – so users get a good sense of how up-to-date each listing is.
In addition to robust search functionality, which can drill down by state, postcode or categories funded, the site also displays new PAFs added since a user last logged in on its main page. That feature ensures new entries are always brought to the subscriber’s attention for consideration.
Helping the search for research funding
Lee Williams, advancement research officer at University of Queensland, has found the guide helpful for identifying possible funders for different areas of research at the university.
“It’s very intuitive, it’s great,” said Williams. “We’re prospect researchers, so we use it to identify new foundations and PAFs that aren’t on our radar but could support our research. It does two things – it alerts us to new PAFs and through the search abilities we can find existing PAFs that will support specific areas of our work. ”
Price: State-based subscriptions start from $1,500+ GST
Contact: Jacqueline Cameron
Phone: 1300 758 812
E-mail: [email protected]