A simple prompt at tax time could unlock $300m - $5.7b per year in additional donations to charities. By 2030, this is estimated to unlock up to $19.5b in giving. Three different ‘nudges’ were explored in the research.

Philanthropy Australia has launched a new simple online tool for professional advisers and their clients to explore the best structured giving vehicle for their needs and preferences. Try the Structured Giving Tool.

On 14 May, Philanthropy Australia’s WA team, Dylan Smith and Yean Ng hosted a special event about a long-term professional relationship between a financial adviser and their philanthropist client.

"Phoebe spoke openly about how her parents involved her along with her sister Caris, in their family foundation. As teenagers the sisters were informed about granting decisions. Approximately 15 years later, having established respective careers, Phoebe and Caris are now Board members of the foundation, with Phoebe playing the role as Chair.

Throughout this process Adam played the role of adviser, and independent director and was able to assist with the establishment at the beginning and more recently, with the succession planning as Phoebe stepped into the role of Chair. Having a trusted, long-term adviser helped the McClement family have strong continuity with their giving and a timely handing over to the next generation." – Dylan Smith

The extraordinary achievements in the not-for-profit sector were recognised and celebrated at the Australian Philanthropy Awards. The recipients were recognised across 9 impact areas:

See the 2024 Awards list, the full recording and photo gallery.

The role of the adviser is to guide the conversation about giving with their client.

Hear Craig Connelly (Partner, Social Investment Advisory at Perpetual and former CEO of the Ian Potter Foundation) recount his experience talking to inter-generational families about their giving in the video, How to support your client (~14min) on the Better Giving Hub (for PA members). 

"You may want to gather other trusted advisers externally or within your firm that offer services that help you with different aspects of setting up and managing a structured giving vehicle."

Philanthropy Australia acknowledges the Australian Aboriginal and Torres Strait Islander peoples as the first inhabitants of the nation and the traditional custodians of the lands where we live, learn and work. We pay our respects to Elders past and present.