“Starting a charity is an act of generosity that can bring hope, comfort, and joy to those in need.” Introduction Are you considering starting your own charity? It is important to recognize that this can be a highly rewarding and impactful experience. However, it is also crucial to understand the Read more…
A new playbook from Chartered Accountants Australia and New Zealand (CAANZ) “offers actionable insights for not-for-profits and charities which have a critical role in the transition to a sustainable future. IN BRIEF Just as the corporate sector is under pressure to address the social and environmental impacts of their operations, Read more…
“Good Governance is fundamental to the success of your organisationBy getting your governance right, you will have capable, diverse, and engaged board members, a strategy about how to achieve your organisation’s ambitions and serve your community, and ensure your organisation is operating in a legal and ethical manner. The Good 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…
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…
Updated: March 2022 In the current climate funding is difficult and charities are often in competition with each other for the relatively limited funding available. Sources you could consider include: GENEROSITY NEW ZEALAND. Formerly FUNDVIEW, a a subscription service, which was often available free through a local public library. Generosity New Read more…
This is an updated version of an earlier post Q: I would be grateful for information about any legal requirements that must be met with respect to the period of time that a trust must retain any documents, such as minutes of meetings, financial records, correspondence, etc A: We visited Read more…
Asking “What is the “best” legal structure for a non-profit organisation” may be seen as the ‘how long is a piece of string’ type of question as the answer is far from straightforward and is dependent upon a number of factors. Indeed, in some cases, a not-for-profit organisation doesn’t even need Read more…
Q: Can you define a not for profit organisation? “There is no single agreed term that fully describes the nonprofit sector in Aotearoa/New Zealand. Rather, a number of terms are commonly used that refer to all or part of it. The application of these terms to organizations and to fields Read more…
UPDATED A question frequently asked is “how many charities are there in NZ?” The enquirer is usually using the term ‘charity’ to include all manner of non-profit entities and it appears that no-one knows the answer for certain! The Charities Services website shows an updated count of the number of registered Read more…
(Updated) In our discussions with those thinking about establishing a not-for-profit organization, it is apparent that there is still a lot of confusion about the terms ‘non-profit’, ‘not for profit’ etc. The various terms are used imprecisely and interchangeably, though the term ‘Registered Charity’ is used to refer to an organisation Read more…