An innovative financial product coming soon to market will give PAFs and PuAFs the opportunity to provide vital operating costs for not-for-profits, freeing up their resources to maximise impact. The long-term growth prospects should return capital to funders and leave NFPs with a sustainable asset. Craig Connelly, partner at Perpetual Limited, explains.
The third cohort of for-purpose CEOs chosen to take part in the outstanding Social Impact Leadership Australia Program (SILA) have been announced. The fully funded professional development program is delivered by the Centre for Social Impact and valued at more than $80,000 per delegate.
In the second of our series of articles about Philanthropy Australia’s New Gen Study Tour to New York, Bella Conyngham, Associate Engagement Manager NSW and ACT, explores further key themes. Following our look at trust-based philanthropy, we dig into two growing areas that will play a role in shaping the future of philanthropy: giving circles and engaging the next generation in family giving.
The Australian Charities and Not-for-profits Commission recently released its 9th Australian Charities Report, an annual analysis of the size and scope of the sector. It also illustrates the sector’s contribution to the Australian economy and to communities. It was the first for Commissioner Sue Woodward AM. Here, she reflects on some of the key findings of the report and the outlook for the sector.