The Incorporated Societies Bill 2021 is set to bring about big changes for the 24,000 societies currently on the Incorporated Society Register. The bill proposes to put in place a modern framework of basic legal, governance, and accountability obligations for incorporated societies and those who run them, including: Putting in place six express duties on […]
Category: Resources
Changes to the Trusts Act 2019
The Trusts Act 2019, which came into force on 30 January 2021, is the first major trust law reform in New Zealand in 70 years. There are now greater compliance requirements for trusts, and all trustees are required to contact beneficiaries and supply them with basic trust information. This means that compliance duties will increase […]
Cryptocurrency donations on the rise in NZ
New Zealand charity Heart Kids has received three cryptocurrency donations totalling over $2,000 in two months. Chief Executive Mark Longbottom said it was a potentially lucrative source of revenue not affected by the global pandemic. With traditional fundraising activities being disrupted because of Covid-19 last year, and a desire to attract younger donors, Heart Kids decided to investigate […]
New Lottery Covid-19 Fund
We wanted to let you know about a new $40 million lottery fund, which has been established to focus on community and social initiatives in the wake of COVID-19. This fund will open on 28 October 2020 and will remain open until all funding has been allocated. The Lottery COVID-19 Community Wellbeing Fund will provide one-off grants […]
Fundraising & COVID-19: Adapt and Understand
The team at Barrer & Co have been thinking carefully about what to tell our clients and friends in the not-for-profit sector in the face of this new reality of the COVID-19 pandemic. Every day we are seeing changes to the way people must act, how we live and how we work, causing massive stress […]