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Improving the integrity of Prescribed Private Funds

This consultation process has now been completed. Submissions available
Date
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Consultation Type
Discussion Paper

Key Documents

The Treasurer announced in the 2008 Budget that the Government will legislate guidelines to improve the integrity of Prescribed Private Funds (PPFs) and to provide the trustees of PPFs with greater certainty as to their philanthropic obligations.

This commitment is to be achieved by amending and legislating the PPF guidelines to, among other things, ensure regular valuation of assets at market rates and increase the size of compulsory distributions. The Commissioner of Taxation will also be given greater regulatory powers.

This discussion paper, released by the Assistant Treasurer, outlines these changes, and provides a point of reference for public submissions on this measure. This measure will have effect from 1 July 2009.

 

Submissions

138 submissions were received for this consultation, including 24 confidential submissions.

Andyinc Foundation - pdf 111.33 KB
Anglicare Victoria - pdf 27.57 KB
AngliCORD - pdf 51.05 KB
Anonymous 01 - pdf 27.96 KB
Anonymous 02 - pdf 864.31 KB
Arnold Bloch Leibler - pdf 115.04 KB
Art Gallery NSW - pdf 77.1 KB
Balnaves Foundation - pdf 196.33 KB
Barr Family Foundation - pdf 75.64 KB
Bennelong Foundation - pdf 57.84 KB
Berg Family Foundation - pdf 131.49 KB
Blake Dawson - pdf 404.74 KB
Bond University - pdf 174.65 KB
Cambooya - pdf 622.5 KB
Clitheroe Foundation - pdf 26.3 KB
Destiny Rescue - pdf 80.55 KB
Donkey Wheel Ltd - pdf 1.09 MB
Ethinvest - pdf 43.98 KB
Foresters - pdf 111.75 KB
Four Winds Foundation - pdf 338.94 KB
Goldman Sachs JBWere - pdf 646.03 KB
Goodeve Foundation - pdf 26.3 KB
Greenlight Foundation - pdf 255.02 KB
Group of Eight - pdf 46.5 KB
HSC Company Pty Ltd - pdf 623.96 KB
Inspire Foundation - pdf 70.16 KB
John Lamble Foundation - pdf 24.74 KB
Kloeden Foundation - pdf 102.2 KB
Macquarie Bank - pdf 273.43 KB
Maramingo Foundation - pdf 75.78 KB
Mater Foundation - pdf 85.69 KB
Mission Australia - pdf 61.91 KB
Mr Brice - pdf 40.39 KB
Mr Charrington - pdf 15.56 KB
Mr Cuffe - pdf 71.06 KB
Mr Davidson - pdf 21.83 KB
Mr Gelski - pdf 14.07 KB
Mr Girgensohn - pdf 10.93 KB
Mr Hocknull - pdf 182.51 KB
Mr Lander - pdf 25.19 KB
Mr RJB - pdf 12.66 KB
Mr Shuetrim - pdf 88.31 KB
Mrs Price - pdf 12.03 KB
Ms Brice - pdf 15.72 KB
Myer Family Office - pdf 2.52 MB
Nonprofit Australia - pdf 137.82 KB
Paterson Foundation - pdf 211.85 KB
Perpetual - pdf 49.9 KB
Petre Foundation - pdf 110.66 KB
Philanthropy Australia - pdf 130.63 KB
Philoria - pdf 23.08 KB
Pitcher Partners - pdf 408.72 KB
Research Australia - pdf 100.29 KB
Salter Foundation - pdf 28.03 KB
Scanlon Foundation - pdf 55.86 KB
Sculpture by the Sea - pdf 110.06 KB
Sydney Eisteddfod - pdf 53.1 KB
Sydney Opera House - pdf 498.3 KB
The Angel Fund - pdf 134.26 KB
The Arts Centre - pdf 110.11 KB
The Keir Foundation - pdf 160.52 KB
The Reach Foundation - pdf 52.14 KB
The Smith Family - pdf 96.29 KB
The Sweetpee PeePee PPF - pdf 116.92 KB
Tom Davis Foundation - pdf 39.24 KB
Trust Company Ltd - pdf 421.33 KB
UBS Wealth Management - pdf 122.5 KB
Youth Insearch - pdf 548.96 KB
Zoos Victoria - pdf 97.94 KB