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: What do you think should happen with Chateau Tongariro?
The Government has refused to commit to saving the Chateau Tongariro Hotel, leaving demolition, decommissioning or private restoration all on the table despite strong community pressure to preserve the iconic building.
In a formal response to a petition led by Ruapehu District Mayor Weston Kirton, ministers acknowledged the Chateau’s cultural and economic significance but said no changes to current policy or legislation were warranted Chateau Petition response.
What do you think should happen with Chateau Tongariro? Tell us more in the comments (adding NFP if you don't want your words used in print).
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5% Demolish it
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0% Decommission it
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95% A private operator should restore it
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0% Other - explain in the comments
Tamahere home in dentist case was once centre of accountant’s fraud
It’s been a feature in a recent Hamilton District Court trial , but a Tamahere mansion already has an complicated history.
The property in Woodcock Rd - notable for having a hydroslide in the back yard - the scene of now-disproved alleged sexual offending by Hamilton dentist Rahul Gautam - made headlines more than 15 years ago, when it was a focus in the case of accountant Gary Soffe.
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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60.9% Yes, supporting people is important!
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23.5% No, individuals should take responsibility
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15.6% ... It is complicated
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