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
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
Leadership transitions are inevitable in any organisation, but for non-profits they can pose particular challenges. In New Zealand, where small non-profits and charities often depend on a few key individuals, the departure of a key person at governance or management level can disrupt operations, jeopardise funding relationships, and stall progress Read more
By NFP Resource Editor (acknowledging search assistance from Perplexity AI) As we enter 2025, charities and non-profit organisations in New Zealand are facing a number of significant challenges. These are little changed from problems we discussed in May 2023 but we thought that at the start of a new year Read more
Dr John Godfrey publishes a periodic blog, principally on fundraising matters. After an introduction, a recent blog starts: “The Third Sector in Aotearoa has significant size. It represents around 4% of GDP and about the same percent of the workforce. The workforce is larger than either Agriculture or Tourism, two Read more
With a number of charities struggling to survive, and news recently of a number closing down or seriously considering it (see note below), it was good to see some financial advice for charities recently posted from Andrew Austin of Jarden Wealth. The article starts: “Charities play a crucial role in Read more
A recent newsletter from RAINEY COLLINS LAWYERS discussed the above topic. The article starts: “There are some key differences between charitable trusts and incorporated societies. Which entity works best for you will depend on the type and goals of your organisation. Incorporated society An incorporated society is a membership-based organisation. Read more
In a recent newsletter, RAINEY COLLINS LAWYERS published an article with the above title. The article commences: “A Society, which was a registered charity, held an AGM for the purposes of voting on new officers as the term of some of the current officers had expired. A member was nominated Read more
From the Charities Services Newsletter June 2024 Good governance and the Charities Act The Charities Act changed in 2023 and now there is a new requirement related to the governance of your charity. Charities will now need to review their governance every three years. When you come to file your Read more
Updated 31 May 2024 Q: We are a church which is a Registered NZ Charity. Some members have suggested that we should, in addition to registration with DIA Charities Services, ‘Incorporate’ with the Companies Office (Registrar of Incorporated Societies). Is this step necessary or advisable? What are the pros and Read more
A blog on the Forbes Nonprofit Council website caught our eye. The article starts: “Nonprofit organizations can sometimes face the risk of failure, and staff and executives must be aware of the telltale signs. When it becomes apparent that a nonprofit is headed toward trouble, effective leadership can be the Read more
Content Provided We know things do not always go to plan, and non-profits can be adversely affected, no matter how devoted your organisation is to doing great work in the community. The one-size-fits-all approach to your risk management could make you vulnerable. Should a board member, employee, volunteer, or fundraiser Read more