Tag Archives: charity

Definition of ‘non-profit’, ‘not for profit organisation’, ‘charity’ etc

(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 … Continue reading

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NZ Charities in the News – archive

Note: Articles are selected for their topicality and/or to stimulate thought or discussion. The Linking to an article or website in this page does not represent endorsement (or otherwise) of any views expressed. The copyright of the sites to which … Continue reading

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FINZ – 360 Degree Not-for-Profit Training Days 2015

THESE WORKSHOPS HAVE NOW BEEN COMPLETED View calendar of fundraising events for 2016   These Training Days aim to help smaller nonprofits and community organisations with limited budgets up-skill at a highly affordable rate. “These one-day events will help you learn … Continue reading

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Definition of ‘non-profit’, ‘not for profit organisation’, or ‘charity’ – what’s the difference?

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. … Continue reading

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What is the difference between a Charitable Trust and an Incorporated Society?

Q: What is the difference between a Charitable Trust and an Incorporated Society?  Which is best for me? The differences are clearly explained on the Registrar of Incorporated Societies website.  Which is the most suitable will naturally depend upon your … Continue reading

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Can you define non-profit, a not for profit organisation, or a charity – what’s the difference?

  This post has been updated and moved to here

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IRD advice: Honoraria and taxing payments to volunteers

IRD advice on Honoraria and taxing payments to volunteers has been updated. Includes reimbursement of volunteers for expenses, mileage and honoraria. < Go to IRD website >  < See also:   Fringe Benefit Tax and Charities >

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Financial reporting landscape for Not for Profits confirmed

GRANT THORNTON have recently published a detailed summary of the two pieces of legislation outlining future financial reporting requirements for various types of reporting entities found in New Zealand. ” A countdown for Not for Profit entities has begun”. <Visit … Continue reading

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Funding Sources

We are finding it difficult to find sources of funding for our non-profit. Can you provide any advice? In the current climate funding is difficult and charities are often in competition with each other for the relatively limited funding available. … Continue reading

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What is the value, in monetary terms, of the nfp sector in NZ?

In February 2014 Charities Services made this comment: ” [There are]  27,011 registered charities in New Zealand managing an asset base of $40 billion, they have an annual income of $15.1 billion – a large proportion of which comes from donations. “

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