How it works

How we grow your charity account

Donations from individual charity accounts are pooled together and invested in accordance with APS Foundation's General Portfolio investment strategy. Since inception in 2012, this strategy has met its target return of annual CPI inflation plus 4%.

In line with Part 2 20 of the Public Ancillary Fund guidelines, it is up to APS Foundation's Board of Trustees to prepare and maintain its investment strategy. The Directors of the trustee are Chris Cuffe, David Ward and Judith Fiander.

Our investment strategy

Most assets in the APS Foundation General Portfolio are managed by external investment managers. Most of these managers provide their investment services on a low or pro bono basis.

Chris Cuffe has day-to-day responsibility for the APS Foundation General Portfolio, including engaging the services of the above managers.

APS Foundation has an Investment Committee to provide an additional layer of governance regarding management of its General Portfolio. The Investment Committee comprises Chris Cuffe, David Ward and Alex Hone.

How distributions from your charity account are made

To minimise cost, distributions to our selected charities are processed once per year.

In late March of each year, we send an email reminder to all our donors to double-check the distribution preferences in their account regarding:

• how large their distribution should be as a % of the market value of their account (min 5%, max 100%)

• which charities on our menu to distribute to, and in what proportion

Our volunteers then aggregate all of these preferences and make a single payment to each of our supported charities by the end of April.