Source Business Directory
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  |  Finance, Philanthropy

Philanthropy Benchmarking Survey Revealed


Thursday, 19th November 2015 at 11:41 am
Lina Caneva, Editor
The peak body for donors, Philanthropy Australia, has launched the results of its benchmarking survey into the operational resources of trusts and foundations in Australia and New Zealand in a bid to address a data deficit in the philanthropic sector.

Thursday, 19th November 2015
at 11:41 am
Lina Caneva, Editor


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Philanthropy Benchmarking Survey Revealed
Thursday, 19th November 2015 at 11:41 am

The peak body for donors, Philanthropy Australia, has launched the results of its benchmarking survey into the operational resources of trusts and foundations in Australia and New Zealand in a bid to address a data deficit in the philanthropic sector.

Philanthropy Australia carried out an online survey of 158 philanthropic funds, trusts and foundations in Australia and New Zealand in 2015 with total assets of more than $7.1 billion.

The funds’ total annual giving amounted to $239.1 million. The charitable administrative expenses for 144 of the funds amounted to $33.7 million and the investment related expenses for 58 funds amounted to $14.4 million.

Philanthropy Australia CEO, Sarah Davies, said the report went some way to addressing a philanthropic data deficit by providing a sector-wide overview of the resources and costs incurred by trusts and foundations.

“It’s difficult to get a clear idea of the philanthropic sector’s contribution to the community and the sector’s own operations as we lack good data. We’re really pleased that this benchmarking study will assist the sector by providing useful information on the operational resources and costs of ‘doing business’ within philanthropy,” Davies said.

“The study is informed by a comprehensive survey, which included a broad range of respondents from across the sector, and seeks to provide a sector-wide overview of the resources and costs incurred by trusts and foundations in Australia and New Zealand.

“It explores how resourcing arrangements and costs can vary based on differences in fund size, type of structure, and grant-making approach.”

According to the benchmarking results, average reporting endowment funds distributed approximately 6.4 per cent of their total assets in their last full financial reporting year.

Average annual distributions as a proportion of total assets generally appeared to decline with increases in fund size.

Corporate foundations appear to engage more strongly in capacity building and networking related activity than other types of fund.

The average Expense to Distribution ratio for reporting funds is 28 per cent, however, ratios vary significantly. They appear to be influenced by size and staffing profile. Ratios generally appear to be higher for smaller funds. Staffed funds tend to have higher ratios than unstaffed funds. These patterns are consistent with findings from overseas studies.

The executive summary of the report is available to all Philanthropy Australia members. The full report is available to trusts and foundations that completed the survey.


Lina Caneva  |  Editor  |  @ProBonoNews

Lina Caneva has been a journalist for more than 35 years, and Editor of Pro Bono Australia News since it was founded in 2000.


Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au

Get more stories like this

FREE SOCIAL
SECTOR NEWS

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Petre Benchmark Encourages Greater Giving From Australia’s Most Wealthy

Wendy Williams

Tuesday, 8th May 2018 at 5:14 pm

Political Uncertainty Proves Greatest Challenge to Philanthropy

Wendy Williams

Thursday, 3rd May 2018 at 8:36 am

Charities Remain Concerned with Foreign Donations Bill

Luke Michael

Tuesday, 10th April 2018 at 5:37 pm

Calls for Funders to Get on the Map

Wendy Williams

Thursday, 8th March 2018 at 8:43 am

POPULAR

Iconic Mental Health Organisations Merge To Reduce Stigma

Wendy Williams

Monday, 4th June 2018 at 5:11 pm

Australians Are Giving Less

Wendy Williams

Thursday, 14th June 2018 at 8:00 am

An Update on the Australian Recycling Crisis

Estelle Stathoulis

Tuesday, 5th June 2018 at 8:24 am

The Need for Leadership to Address White Supremacy in the NGO Sector

Luke Michael

Thursday, 14th June 2018 at 8:53 am

Source Business Directory
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!