Public Ancillary Funds (PuAF)
A PuAF collects tax-deductible donations from the public for distribution to item 1 DGRs.
A PuAF is also endorsed by the ATO as a DGR and TCC.
Donations are normally (depending on the service provider) credited to an individual management account within the PuAF.
Factors to consider when considering a PuAF:
- Is this the most appropriate structure for you?
- Requirements needed to establish a PuAF
- Ongoing administration
- Investment management.