Philanthropy Australia is pleased to launch a new free downloadable Handbook for trustees of Public Ancillary Funds (PuAFs). Not only is this guide useful for existing PuAFs, but also to those who are considering establishing a PuAF or have involvement with them as a partner or grant-seeker.
In the light of recent legislative changes and the new Guidelines for Public Ancillary Funds, this Handbook will be a particularly useful guide to the new requirements. It comments on what is now required of trustees of PuAFs, and where the trustee is a company the directors thereof, under the Guidelines and at law. It is not a legal document but a “plain English” introductory guide to the role and duties of the trustee and trustee directors.
Jun. 19, 2012
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