We recently came across an article on the NZ Institute of Directors website on the above topic. Although the article is some 8 years old, the points it makes remain germane. NFP organisations are generally created to benefit the community or members and, as the name suggests, do not have Read more
The following information has been received from the Fundraising Institute of NZ 6 September 2022: “Notification to all Charities with donors who use Mastercard to contribute regular recurring gifts. Mastercard has announced changes to the requirements on charities who receive recurring donation payments via their Mastercard credit or debit Read more
The External Reporting Board (XRB) is the Independent Crown Entity responsible for setting external reporting standards. In the latest news and information bulletin (September 2022) XRB advises: “The new Incorporated Societies Act 2022 has changed how incorporated societies need to report. The Act requires all but the smallest societies to Read more
`The following information has been received from Volunteering New Zealand: Volunteering New Zealand is leading a review of volunteer best practice guidelines because: Organisations need effective tools and support to manage volunteers Guidelines need to meet diverse needs and be inclusive Volunteering is changing, demanding a change of approach. What Read more
On 28 June 2022, the Supreme Court delivered its decision that Family First New Zealand does not advance a charitable purpose. In doing so, the Court endorsed Te Rātā Atawhai, the Charities Registration Board’s (the Board) 2017 de-registration decision. Under the Charities Act 2005, the Board is responsible for making Read more
Auckland Foundation granting rounds opened15 August, and will close on 2nd September Are you or your organisation looking for financial support? Head over to the Foundation website to see if you reach the eligibility requirements of the various funds. Auckland Foundation run a number of contestable grant rounds every year, Read more
“The Incorporated Societies Act 2022 that was passed in April this year brings about many changes to how societies operate. One of the areas of change is how societies prepare their financial statements. From October 2023, once a society re-registers, it will have to start using External Reporting Board (XRB) Read more
Recommendations from the recent Charities Act Review could mean registered charities with operating expenses over $140,000 per year will be required to disclose information about the reserves they hold,
NFP Resource readers recently participated in a survey of the NFP Sector. The results have recently been published by Grant Thornton. (Thanks to Barry Baker of Grant Thornton) The Executive Summary reads: “The 2022 Not for Profit sector report paints a picture of an agile industry bending with the winds Read more
Sue Barker, Director of SUE BARKER CHARITIES LAW www.charitieslaw.co recently issued the following message: “You will no doubt have seen the Minister’s proposals for charities law reform released last week: https://www.beehive.govt.nz/release/charities-act-changes-benefit-nz-communities I personally believe they are an insult to the sector – they will do nothing to benefit New Zealand’s Read more
16 May 2022 The Charity Law Association of Australia and New Zealand is hosting a webinar about the research/report (details below) on Thursday 19 May at 3pm – please see the following link: https://claanz.org.au/events. All are welcome and there is no charge to attend 1 May 2022 The 2019 New Read more