At Mint Accountants, we believe that wealth is a tool for creating a positive impact. For many high-net-worth individuals and families, philanthropy is a vital part of their financial journey. A Private Ancillary Fund (PAF) offers a structured, tax-effective way to manage your charitable giving, allowing you to build a legacy that reflects your family’s values.

What is a Private Ancillary Fund?

A PAF is a private foundation used for grant-making to "Deductible Gift Recipients" (DGRs). It allows you to receive an immediate tax deduction for your contributions while the fund’s assets grow tax-free, providing a sustainable source of funding for the causes you care about most.

How We Assist

Navigating the regulatory requirements of the Australian Charities and Not-for-profits Commission (ACNC) and the ATO requires precision. We provide a full suite of services to ensure your foundation is compliant, efficient, and impactful.

Our services include:

• Establishment & Structuring: We guide you through the setup process, including the establishment of a corporate trustee and all necessary tax and charity registrations.

• Strategic Compliance: Management of ongoing reporting obligations, including the preparation of annual financial statements and coordinating independent audits.

• Tax-Effective Giving: We provide proactive advice on donation timing and contribution strategies to optimise your personal and business tax positions.

• Trustee & Governance Support: We assist your family board in meeting minimum annual distribution requirements and maintaining the fund’s integrity over the long term.

A Holistic Legacy Strategy

A Private Ancillary Fund should not exist in isolation. As your strategic partners, we integrate your philanthropic goals into your broader wealth creation and estate planning strategy. By collaborating with your solicitors and financial planners, we ensure that your charitable giving is seamless, professionally managed, and aligned with your overall financial vision.

Ready to explore how a PAF can fit into your wealth strategy?