by Krystian Seibert | Generosity Mag
This is a short article about two recent announcements aiming to reduce red tape around giving.
The first relates to allowing PAFs that are winding up to distribute the remainder of their assets to other ancillary funds (e.g. public ancillary funds) which is not currently permitted by the legislation/Guidelines (the inability of PAFs to donate to public ancillary funds in general has been a contentious point). The second change aims to make share donations easier.
The changes haven’t been implemented yet, but the PAF-related announcement will ultimately see the PAF Guidelines 2009 amended to reflect this.