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.
Starting gun sounds for housing on Te Rapa Racecourse land with re-zoning
Hamilton City councillors have signed off on a plan change that could see Te Rapa Racecourse swap stables for townhouses.
The deputy mayor says this paves the way for “basically creating a new suburb within the city”.
A Neighbourly Riddle! Don’t Overthink It… Or Do?😜
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
If you multiply this number by any other number, the answer will always be the same. What number is this?
'Invisible boy' Malachi was failed again and again until his brutal death
The torture and murder of 5-year-old Malachi Subecz is a “national disgrace” but changes made in the wake of his death will not prevent further killings in the future.
The damning view of Coroner Janet Anderson is revealed in a long-awaited 132-page report into one of New Zealand’s most shocking child-killings - the 2021 death of Malachi at the hands of his ‘caregiver’, Michaela Barriball.
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