This article discusses an alternative to a PAF called a Public Ancillary Fund that requires a much lower donation (of $50,000 in most cases).

This is the final chapter in our series on private planned giving structures and covers the most rewarding part of philanthropy – giving the money away!

PAF is an efficient, satisfying and tax effective way to put a structure around your philanthropy. It allows a donor to set aside capital to generate investment income for charitable purposes in perpetuity.

You don’t have to be wealthy to be philanthropic. Many people give little or no money but rather volunteer their time and/or expertise in their local community and/or to a charitable organisation.