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: Does grocery bagging affect where you shop?
There's only a few differences between our larger chain supermarkets here in New Zealand. Having someone bag your groceries is one of them.
Does having your groceries packed for you at the checkout influence where you do your grocery shop? If so, tell us why.
-
24.1% Yes
-
75.1% No
-
0.7% Other - I'll share below
Poll: Would you commute by public transport if it was free?
Using your car is convenient, except for finding parking.
Cycling lets you leave anytime, but you might arrive soaked.
So, neighbours, if public transport had the perk of being free, would it be your main way to commute?
-
67.6% Yes
-
29.2% No
-
3.2% Other - I'll share below
What's your favourite recipe for gooseberry?
Love gooseberries? Share your favourite way to enjoy them. We're looking for our readers' favourite family recipes for this delicious crop. Send yours to mailbox@nzgardener.co.nz, and if we use it in the magazine, you will receive a free copy of our December 2024 issue.