Take Survey
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  |  Finance

Australian Executor Trustees and Rockefeller Philanthropy Advisors in Strategic Alliance


Monday, 25th September 2017 at 3:23 pm
Wendy Williams, Editor
A new “win-win relationship” promises to support the development of more effective giving strategies.


Monday, 25th September 2017
at 3:23 pm
Wendy Williams, Editor


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Australian Executor Trustees and Rockefeller Philanthropy Advisors in Strategic Alliance
Monday, 25th September 2017 at 3:23 pm

A new “win-win relationship” promises to support the development of more effective giving strategies.

Australian Executor Trustees (AET), one of Australia’s largest non-government providers of professional trustee services, has announced a strategic partnership with leading global philanthropic organisation Rockefeller Philanthropy Advisors (RPA).

The alliance, announced on Monday, aims to support donors, and their advisers, in designing philanthropic strategies.

AET general manager, trustee services Gary Riordan said philanthropy was becoming “a more important consideration in people’s wealth planning”.

“We are delighted to be partnering with such an esteemed philanthropic institution as Rockefeller Philanthropy Advisors. The strategic alliance will support donors, and their advisers, in designing philanthropic strategies that are comprehensive and effective, through leveraging RPA’s global expertise, granting advice framework and reference tools,” Riordan said.

“With national trends showing Australians are giving more than ever before, it’s fair to say that philanthropy is becoming a more important consideration in people’s wealth planning, particularly as they see income inequality increasing globally.”

RPA currently advises on and manages more than US$250 million (A$314 million) in annual giving worldwide, and to date has overseen a total of more than $3.8 billion in grant-making across the globe.

Riordan said AET, which manages more than $220 million in charitable trusts and distributes more than $6 million to Australian charities every year, believed effective philanthropy could only be achieved through leveraging industry best practice and using the right structures.

“The partnership will support advisers in developing, and implementing, charitable programs that achieve the greatest impact possible, thereby amplifying the generosity of donors and truly changing the lives of those they reach,” he said.

RPA’s chief executive officer Melissa Berman said the alliance with AET was a “win-win relationship” that would enhance the support AET provided to philanthropists and their advisers.

“Both RPA and AET are united by our common vision to help clients make lasting and effective contributions to charitable programs, projects or organisations that resonate with them,” Berman said.

To launch the partnership, AET is holding a series of lectures and masterclasses across Melbourne, Sydney and Brisbane this week.

The keynote speech will be delivered by international grantmaking and philanthropy expert, Mae Hong, vice president of Rockefeller Philanthropy Advisors and chair of US based membership organisation, Grantmakers for Effective Organizations.


Wendy Williams  |  Editor  |  @WendyAnWilliams

Wendy Williams is a journalist specialising in the Not for Profit sector.


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

Philanthropic Scholarship to Boost Indigenous University Students

Maggie Coggan

Tuesday, 11th December 2018 at 5:48 pm

Philanthropy’s Role in Tackling Climate Change

Luke Michael

Monday, 15th October 2018 at 5:01 pm

Reimagining Charities as Sustainable Businesses

Luke Michael

Wednesday, 26th September 2018 at 5:33 pm

New Brooms: How Younger Givers Are Changing Family Philanthropy

Fiona Higgins

Wednesday, 12th September 2018 at 11:11 am

POPULAR

NDIS Service Providers Cautious Over Complex Needs Pricing Shake-Up

Maggie Coggan

Monday, 10th December 2018 at 5:11 pm

Australians With Disability Twice as Likely to be Evicted Without Cause

Luke Michael

Wednesday, 5th December 2018 at 5:29 pm

Putting Disability and Leadership in the Same Sentence

Maggie Coggan

Monday, 3rd December 2018 at 8:56 am

Glyn Davis Confirmed as New Head of the Ramsay Foundation

Maggie Coggan

Wednesday, 5th December 2018 at 6:00 pm

Take Survey
pba inverse logo
Subscribe Twitter Facebook

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

You have Successfully Subscribed!