Women reshaping philanthropy
Eleanor Cater of our peak body Community Foundations of Aotearoa NZ penned this engaging column below for The Post in Wellington, and then republished it on the CFANZ site.
"It’s a demographic shift where women will eventually become the main drivers and decision makers around family wealth, transforming wealth management, including estate planning and philanthropy.
This has been coined the ‘horizontal wealth transfer’, a term somewhat patriarchal and simplistic in its nature as it doesn’t take into account women as co-owners of family wealth, non-nuclear families, or individual economic independence. Nevertheless, it’s a term that is sticking - and it’s easy to see why."
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
Make a hearty dish. Take just half a minute. Add four parts of kestrel. Then just add one. What have you made?
(Trev from Silverdale kindly provided this head-scratcher ... thanks, Trev!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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59.5% Yes, supporting people is important!
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26.2% No, individuals should take responsibility
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14.4% ... It is complicated
Derelict Tokanui Hospital site in line for a clean-up
Derelict Tokanui Hospital buildings will be demolished and contaminated land cleaned up so the site can be offered back to iwi.
The former psychiatric hospital, southeast of Te Awamutu, sits on land taken from Ngāti Maniapoto under the Public Works Act in 1910.
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