Recoverable grants for NSW public hospitals (Public Giving Fund Path A)

Under the Public Ancillary Fund Guidelines 2022 cl 19, a Public Giving Fund (formerly PuAF) can make a recoverable grant to a DGR Item 1 recipient — the recipient owns the asset or runs the program from day one, and the principal returns to the fund's corpus on the agreed recovery schedule. The grant counts toward the fund's 4% minimum distribution on first deployment (moving to 6% under the 26 Feb 2026 announcement, pending guideline amendments). NSW public hospitals fit cleanly into this Path A pattern.

Need recoverable grant for public hospitals in NSW?

Tell us about your project. Roshan reads every submission and comes back within 48 hours.

The instrument

Recoverable grant under the Public Ancillary Fund Guidelines 2022 cl 19

Direct recoverable grant from a Public Giving Fund (formerly Public Ancillary Fund / PuAF) to a DGR Item 1 recipient. Counts toward the 4% minimum on first deployment.

How it cycles

Step 1

Public Giving Fund disburses

A Public Giving Fund (formerly PuAF) makes a recoverable grant to the DGR Item 1 recipient. Counts toward the fund's 4% minimum on first deployment (moving to 6% under the Feb 2026 announcement).

Step 2

Recipient runs

Recipient owns the asset or runs the program from day one.

Step 3

Principal returns

Schedule of payments brings principal back to the giving fund's corpus over the agreed term.

Why this audience

Why public hospitals carry this structural problem

Capital budgets are politically slow; equipment that drives clinical revenue often waits 12–24 months for state allocation.

DGR profile: DGR Item 1 endorsement plus PBI status — direct recoverable-grant pathway is fully open.

How to apply

From a brief to executed in 4–8 weeks

Step 1

Send a brief

Org name, ABN, region, what you need, rough $ amount, timeline. 5 minutes.

Step 2

Routing recommendation

We come back within 48 hours: which pathway fits, which CCT or Public Giving Fund would be a natural counterparty, and what we'd need to take it further.

Step 3

Legal architecture

We work with you and (where relevant) ABL on the legal structure. Typically 4–8 weeks from first conversation to executed agreement.

Step 4

Capital deploys

Asset is acquired or working capital is advanced. Recovery schedule begins.

Want a worked example for your situation?

Send a short brief and we'll prepare a pathway note within 48 hours.

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