“It is ACF’s expertise in philanthropy and charitable giving that
gives me the confidence to refer my clients. They are professional
and offer an extremely flexible giving vehicle with none of the
administration burdens that come with a private foundation.”
- Kathryn Liddell, Williams Winter Solicitors
RECOMMENDING ACF
As a law ye r sp e cialisin g in Wills an d Est at e Plan n in g , Kat h r yn h as p r evio u sly r ef er r ed clien t s t o t h e Au st r alian
Co m m u n it ies Fo u n d at io n (ACF) t o p u r su e t h eir p h ilan t h r o p ic in t er est s. ‘‘I can r eco m m en d ACF t o m y clien t s b e cau se i t is
m o r e g lo b al in sco p e t h an a sin g le p u r p o se ch ar it y. It is u n iq u ely eq u ip p ed t o m eet t h e var ied w ish es o f d o n o r s w h ile
t h ey ar e en g ag ed in p h ilan t h r o p y an d as a last in g leg acy t h r o u g h a b eq u est .’’
GETTING THE BEST OUTCOME
A clien t o f Kat h r yn ’s so u g h t ad vice ab o u t u sin g a b eq u est t o est ab lish eit h er a p r i vat e f o u n d at io n o r a su b -f u n d at ACF.
Th e clien t w as keen t o co n t in u e g ivin g an d kn e w h er ch ild r en w o u ld b e excit ed at t h e p r o sp e ct o f b ein g in vo lved in a
ch ar it ab le leg acy. An ACF su b -f u n d w as t h e p r ef er r ed o p t io n as Kat h r yn co n f ir m ed t h e f u n d s w o u ld b e in ve st ed an d
m an ag ed r esp o n si b ly, w it h g r an t s m ad e in p er p et u it y r eg ar d less o f w h et h er t h e clien t ’s f am ily r em ain ed act ively
in vo lved .
Kat h r yn kn o w s p h ilan t h r o p ic veh icles can b e co m p licat ed t o u n d er st an d an d ap p r eciat e s t h e sim p licit y o f ACF’s m o d e l
w h ich f o cu ses o n m akin g p h ilan t h r o p y easy an d accessib le . ‘‘Th ey h ave t h e n ecessar y exp er t ise t o en su r e g if t s ar e
assesse d co r r e ct ly an d r ecei ve m axi m u m t ax b en ef it s. Do n o r s g et all t h e b en ef it s, b u t n o n e o f t h e ad m in ist r at io n
b u r d en s, su ch as r eceip t in g an d p r o cessin g g r an t s, in vest m en t d ecisio n m akin g an d co m p lian ce. ’’
Wo r kin g t o g et h er , Kat h r yn an d ACF en su r e d t h e clien t ’s est at e g if t s su ch as co m m er cial p r o p er t ies, sh ar es an d cash w er e
d isp o sed o f p r o p er ly an d t r eat ed co r r e ct ly t o m in im ise t ax liab ilit ie s. Du r in g t h is t im e, f am ily m em b er s m et w it h ACF t o
d iscu ss h o w t h ey w o u ld like t o b e in vo lved w h ilst su p p o r t i n g t h eir m o t h er ’s ch ar it ab le in t er e st s.
Tw o year s o n an d t h e su b -f u n d h as st ar t ed m akin g g r an t s. Th e ad u lt ch ild r en r e m ain in vo lved an d r eg u lar ly at t en d ACF
even t s in clu d in g g et t in g in vo lved in a g ivin g cir cle w h ich f o cu ses o n o n e o f t h e su b -f u n d s g r an t m akin g ar eas.
FURTHER INFORMATION
Est ab lish ed in 1997 as t h e f ir st in d ep en d en t co m m u n it y f o u n d at io n in Au st r ali a, ACF p ar t n er s w it h p r o f essio n al ad viser s
t o assist t h eir clien t s t o m ake in f o r m ed ch o ices t h at b en ef it t h eir p er so n al est at e p lan n in g alo n g an d t h e cau ses t h ey
car e ab o u t . To f in d o u t m o r e ab o u t ACF’s w o r k visit co m m u n it y f o u n d at io n .o r g .au o r call + 61 3 9412 0412.
Th is in f o r m at io n is g en er al in n at u r e, it is n o t f in an cial ad vice an d d o es n o t co n sid er y ou r p er so n al
o b ject ives, f in an cial sit u at io n o r n eed s. Bef or e act in g o n an y in f o r m at io n , yo u sh o u ld co nsid er it s
ap p r op r iat en ess an d seek in d ep end ent f in an cial ad vice.