NDIS Criterion
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.

FEATURED SUPPLIERS


Helping the helpers fund their mission…...

FrontStream Pty Ltd (FrontStream AsiaPacific)

HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

...


More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Call to Exempt Charities from International Philanthropy Ban

Lina Caneva

Tuesday, 15th August 2017 at 7:45 am

Govt Releases Social Impact Investment Principles

Lina Caneva

Wednesday, 9th August 2017 at 4:12 pm

POPULAR

Disability Advocacy Group Fights to Restore State Funding

Luke Michael

Thursday, 9th November 2017 at 8:37 am

Red Cross Moves to Wage-Based Fundraising Model

Lina Caneva

Thursday, 16th November 2017 at 8:30 am

New Same-Sex Marriage Bill Looks to Protect Faith-Based Charities

Luke Michael

Monday, 13th November 2017 at 5:25 pm

Donors Looking for a Personalised Experience to Give More – Study

Lina Caneva

Wednesday, 8th November 2017 at 1:43 pm

Write a Reply or Comment

Your email address will not be published.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


NDIS Criterion
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!