Payroll giving + investment fund = win win win
Coupling IRD’s Payroll Giving scheme with a philanthropic investment fund has been a ‘win win win’ for a Waikato engineering firm, its employees and the social service providers they’ve supported.
Longveld started up its fund in 2019 at Momentum Waikato, their local community foundation, and ever since has dollar-for-dollar matched their team’s donations towards it.
Payroll Giving takes the agreed donations out of pay packets in the same manner as income tax or student loan repayments, with the tax on the donation being able to be claimed back at tax return time.
Once a year the team votes on where to grant a portion of the fund’s income, which Managing Director Pam Roa describes as “a fun process”.
“Our payroll giving and funding vote brings together our support team and our trade crew for a common purpose unrelated to work,” says Pam.
Longveld fabricated Ngaa Pou Karohirohi (pictured) on Hamilton’s city river jetty, a project led by artist Eugene Kara, Ngaati Korokii Kahukura, in collaboration with local hapuu representatives.
Poll: Is it rude to talk on the phone on a bus?
Buses can be a relaxing way to get home if you have a seat and enough space. However, it can be off-putting when someone is taking a phone call next to you.
Do you think it's inconsiderate for people to have lengthy phone calls on a bus? Vote in the poll, and add your comments below.
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64% Yes
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33.4% No
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2.5% Other - I'll share below
Unlock the Answer: Today’s Riddle is Trickier Than You Think!
What English word retains the same pronunciation, even after you take away four of its five letters?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Have you picked up your tickets to our 80th anniversary party yet?
Kia ora neighbours, here is the cover of our amazing 80th anniversary special edition! There's just enough time to book your ticket to join editor Jo McCarroll at Hamilton Gardens on November 11. Ticketholders will get this special (RRP $16.20) in their goody bags. Each goody bag is also packed with gardening paraphernalia and a brand new Jack Hobbs-bred Hebe 'The Gardener' plant, released to mark this amazing milestone. Plus you'll also get all-day entry to the Enclosed Gardens, canapes and bubbles
, and spot prizes. We'd love to see you there.
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