Our newsletter is published monthly (except January, and occasionally if the team are taking a well-earned break) around the 27th of the month. Inevitably, no sooner has the newsletter been published than an interesting snippet of information will appear in our email inbox. We do not send out emails between Read more…
Sue Barker, charity specialist lawyer, has drawn our attention to the latest Law Down Under Podcast which discusses all things charities law. With the Government going back to the drawing board following its February issues paper on taxing charities, charities now have, in Sue Barker’s opinion, such an important opportunity Read more…
We have learned of a new initiative from the South Canterbury Chamber of Commerce that may be of interest to Not-for-Profit organisations in South Canterbury. Supported by The Pub Charity Limited, the NFP Hub @ The Chamber – a dedicated workspace and meeting room, are offered completely free for local Not-for-Profit organisations to use. Whether they need a quiet desk for admin, a private Read more…
A new blog post from Grant Thornton asks “Is it taxable?” If you’re a business, the answer is usually clear. The rules around calculating a company’s taxable income are well established. But what if you’re a mutual association – a resident’s association, membership organisation or industry group (among others)? Contents Read more…
NFP Resource has learned of an introductory governance book “Getting to grips with not-for-profit governance”, for the NZ market (it’s the only one). The book is endorsed by the Institute of Directors, NZ, Womens Refuge, smaller organisations and individuals, plus Steven Moe. The book has been written by Pierre Woolridge to help Read more…
We are grateful to our friends at GRANT THORNTON NEW ZEALAND who have alerted us to an IRD discussion document which could potentially have major ramifications for a wide variety of “mutual associations” including incorporated societies that are not also registered NZ charities. -o0o- Inland Revenue has just released a Read more…
An article in the UK press recently caught our attention, aligning as it did with comment in an earlier article on this site. The headline stated: “Charities at risk due to donors’ reluctance to cover ‘unexciting’ running costs.” Suspecting this to be the case in NZ, we searched online to Read more…
New Zealand’s incorporated societies sector is undergoing its most significant legal reform in over a century. The Incorporated Societies Act 2022 replaces the Incorporated Societies Act 1908, modernising the legal, governance, and accountability framework for the country’s 23,000+ incorporated societies. All existing societies must re-register under the new Act by Read more…
This is an ongoing matter of significant interest to the ‘For-purpose’ community. Updates will be posted here as they occur. UPDATES: ________________________________________ o0o ________________________________________Original Post: Reports in various media outlets suggest that approximately $2 billion in ‘profits’ within New Zealand’s charitable sector is not subject to tax, and the Finance Read more…
A British podcast tells the story of the legendary fundraising efforts of Captain Sir Tom Moore and what follows. The podcast (42 minutes including promotions) contains lessons for those starting and running non-profit organisations and, indeed, lessons for donors: “When Britain entered its first Covid-19 lockdown in March 2020, many Read more…
Question: I am a registered NZ non-profit. What do I have to do to maintain my legal status? Answer: You have not stated the specific form your non-profit takes, but in general, non-profit organisations in New Zealand must adhere to certain legal and regulatory obligations to maintain their registration with Read more…
The Gift Trust recently published a blog post with the above title. “There are plenty of myths and misconceptions about ‘fundholding’ – a growing way of reducing the hoops community groups have to jump through to receive funding. As many of us who donate to good causes or who work Read more…