Page 3 - FWP Wealth Adviser newsletter - July 2025: Issue 116

ISSUE 116
JULY 2025

• Simpler DGR processes: More charities can now receive 4. Use Workplace Giving and Matching
tax-deductible gifts, especially community and grass- Some employers offer workplace giving programs or
roots groups match employee donations. This can double the impact of
• Easier reporting: Funds and charities face less red tape, your gift with no extra cost to you.
so your donation goes further
5. Seek Professional Guidance for Larger Gifts
Practical Strategies for Everyday Givers If you’re considering a significant donation or setting up
1. Start Small, Grow Over Time a fund, speak with a financial adviser or accountant. They
You don’t need to be wealthy to make a difference. Many can help you structure your giving for maximum impact and
Australians start with small, regular donations—either tax effectiveness.
directly to charities or through a PuAF or endowment fund.
Over time, these gifts add up and can have a big impact. Building a Legacy: The Deeper Value of Giving
Philanthropy isn’t just about money—it’s about building a
2. Involve Your Family legacy and strengthening your connection to the communi-
Giving can be a powerful way to teach children about ty. Many Australians find that structured giving brings:
values and community. Consider involving your family in • A sense of purpose and fulfilment
choosing causes, setting up a sub-fund, or volunteering • Opportunities to involve family and pass on values
together. • Stronger ties to community groups and causes
• The satisfaction of seeing real, long-term impact
3. Review Your Giving Regularly Research shows that people who give regularly often
As your circumstances change, so can your giving. report higher life satisfaction and financial well-being.
Review your donations each year to make sure they still
align with your values and financial goals.

3