Prescribed private funds statistics

A new deductible gift recipient (DGR) category for private ancillary funds became effective from 1 October 2009. Existing prescribed private funds became private ancillary funds on this date.

A prescribed private fund (PPF) is a trust to which businesses, families and individuals can make tax-deductible donations. PPFs can only distribute to DGRs that have been either endorsed by the Australian Taxation Office or are listed by name in the income tax law.

This document provides a summary of the donations received and distributions made by PPFs including details of the categories of the DGRs.

Financial year	Donations received $	Distributions made $	Closing value $	Number approved	Total approved
2001	79,126,203	0	78,615,304	22	22
2002	53,041,569	6,706,975	133,714,806	59	81
2003	53,177,509	18,420,162	179,333,372	51	132
2004	155,657,519	27,458,217	332,015,573	89	221
2005	192,680,639	57,422,264	525,891,748	94	315
2006	348,025,630	74,208,548	849,513,839	125	440
2007	533,096,770	133,378,361	1,483,927,344	159	599
2008	727,566,305	129,470,897	1,889,640,632	170	769
Total	2,142,372,144	447,065,424

Notes to the table The information in this table will change slightly over time as outstanding returns are keyed in or other information comes to attention. The total number of PPFs approved will not necessarily tally with those listed in regulations as regulations will not necessarily be completed until some time after the approval date (that is, the date the Minister signs the approval). PPFs were not required to complete an information return for the 2001 financial year and were not expected to make any distributions. The 2001 information was provided in the 2002 information return. Due to a significantly large donation in the 2008 financial year, donations to PPFs increased. If this one-off donation was not taken into account, there would have been a decrease in value of donations.

Distributions by category for 2002 to 2008 ($)

	2002 to 2005	2006	2007	2008	Total
Health	4,769,257	5,720,830	7,831,183	8,024,591	26,345,861
Education	21,134,135	12,222,161	9,873,819	13,353,382	56,583,497
Research	2,699,385	2,001,817	2,353,085	11,285,663	18,339,950
Welfare	44,207,914	22,496,753	36,920,391	40,771,225	144,396,283
Defence	0	0	0	0	0
Environment	3,692,250	5,797,762	7,636,862	13,879,045	31,005,919
Industry, trade and design	0	0	0	0	0
Family	0	5,000	10,000	0	15,000
International affairs	9,419,075	4,831,781	5,869,145	10,754,060	30,874,061
Sports and recreation	0	64,500	41,380	421,000	526,880
Philanthropic trusts	0	0	0	0	0
Cultural organisations	8,514,801	5,204,626	39,929,082	9,579,248	63,227,757
Fire and emergency organisations	0	0	0	0	0
Other	15,570,801	15,863,318	3,091,327	0	34,525,446
Specific listing DGRs	na	na	13,694,212	14,096,030	27,790,242
Ancillary fund DGRs	na	na	5,762,247	6,773,688	12,535,935
Not a DGR	na	na	359,548	271,517	631,065
Not a DGR but a tax concession charity (TCC)	na	na	6,080	261,449	267,529
Total	110,007,618	74,208,548	133,378,361	129,470,898	447,065,425

Distributions by category for 2002 to 2005 ($)

	2002	2003	2004	2005	Total
Health	549,141	390,113	1,382,296	2,447,707	4,769,257
Education	851,036	3,451,638	4,234,797	12,596,664	21,134,135
Research	199,800	577,732	1,322,925	598,928	2,699,385
Welfare	2,780,203	8,315,269	9,593,833	23,518,609	44,207,914
Defence	0	0	0	0	0
Environment	176,000	541,253	1,057,177	1,917,820	3,692,250
Industry, trade and design	0	0	0	0	0
Family	0	0	0	0	0
International affairs	121,020	417,707	4,008,264	4,872,084	9,419,075
Sports and recreation	0	0	0	0	0
Philanthropic trusts	0	0	0	0	0
Cultural organisations	761,345	2,549,380	2,893,616	2,310,460	8,514,801
Fire and emergency organisations	0	0	0	0	0
Other	1,268,430	2,177,070	2,965,309	9,159,992	15,570,801
Specific listing DGRs	na	na	na	na	na
Ancillary fund DGRs	na	na	na	na	na
Not a DGR	na	na	na	na	na
Not a DGR but a TCC	na	na	na	na	na
Total	6,706,975	18,420,162	27,458,217	57,422,264	110,007,618

Notes to the tables The symbol 'na' in these tables means not available. The information in these tables will change slightly over time as outstanding returns are keyed in or other information comes to attention. For the 2008 financial year, the cultural organisations category distributions decreased by 75.5% which is mainly attributable to there being a significant one-off distribution during the 2007 financial year. Distributions to ancillary funds were not identifiable prior to November 2009. Distributions to these entities are not allowed and should lessen from the 2010 financial year onwards. For the years prior to the 2007 financial year, data for the four categories of 'specific listed DGRs', 'ancillary fund DGRs', 'not a DGR', and 'not a DGR but a TCC' was combined in 'other'. For the 2007 financial year and onwards, data has been split into the four respective categories.