Private Ancillary Funds Directors have an important role in Australia’s philanthropy landscape. Jeff Buchanan, Senior Fundraising Consultant at AskRIGHT, highlights how powerful it is for non-profit organisations to consider these numerous individuals.
4,500+ Directors. This is a compelling number to consider.
With the number of Private Ancillary Funds (PAFs) rapidly approaching 1,500, it is worth noting that with each PAF required to have a minimum of three directors, that there will be well over 4,500 and possibly 5,000 individuals who play an important role as a PAF Director.
Most importantly, these 4,500+ people are individuals who are usually active in some way in the non-profit sector. They are a distinct mixture of wealthy individuals, donors to many causes, directors of non-profit boards, directors and executives of for-profit boards, volunteers, and so on. If you are involved in working with a non-profit, then chances are that some of the 4,500+ are probably sitting on your database as you read this.
These are 4,500+ very influential people. If you work with a non-profit, then ignore their existence and potential connection to your good cause at your peril.
Recently, the AskRIGHT prospect research team screened a school database (current parents and alumni) to identify a number of potential prospects. In that process, they found more than 40 PAF directors. In one sense, this was a surprise but if one stops and thinks about it for a moment, perhaps it shouldn’t have been so.
How many ‘surprises’ are in your database?
AskRIGHT can help you identifying PAFs directors in your database. Contact us now to unlock the PAF opportunity: email admin@AskRIGHT.com or call 1300 758 812.
To find out how Jeff can help your organisation, contact j.buchanan@AskRIGHT.com.