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.

More messages from your neighbours

Local Highlight

5 hours ago

Some Choice News!

Kia pai from Sharing the Good Stuff

DOC is rolling out a new tool to help figure out what to tackle first when it comes to protecting our threatened species and the things putting them at risk.

Why does this matter? As Nikki Macdonald from The Post points out, we’re a country with around 4,400 threatened species. With limited time and funding, conservation has always meant making tough calls about what gets attention first.

For the first time, DOC has put real numbers around what it would take to do everything needed to properly safeguard our unique natural environment. The new BioInvest tool shows the scale of the challenge: 310,177 actions across 28,007 sites.

Now that we can see the full picture, it brings the big question into focus: how much do we, as Kiwis, truly value protecting nature — and what are we prepared to invest to make it happen?

We hope this brings a smile!

Local Highlight

5 days ago

Poll: 🤖 What skills do you think give a CV the ultimate edge in a robot-filled workplace?

The Team from Neighbourly.co.nz

The Reserve Bank has shared some pretty blunt advice: there’s no such thing as a “safe” job anymore 🛟😑

Robots are stepping into repetitive roles in factories, plants and warehouses. AI is taking care of the admin tasks that once filled many mid-level office jobs.

We want to know: As the world evolves, what skills do you think give a CV the ultimate edge in a robot-filled workplace?

Want to read more? The Press has you covered!