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.
Living the good life in retirement, a Stuff-Metlifecare partnership
Kia ora team
Our special partnership with Metlifecare continues, and we have some great content to share with readers about people living their best lives in retirement.
This issue we look at some of the worthwhile volunteer roles retirees are filling in our communities, learn about mindfulness at any age, and check out some Kiwi beach travel options while the good weather lasts.
Don’t forget to try out our nostalgia quiz - it’s for anyone who wants to test the Kiwi knowledge they’ve picked up over the past four, five, six or more decades.
Joanna Davis
Homed Editor
Think You Know It All? Try Solving This First!
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Are you keeping it old school?
We know that things come back around, look at vinyl records!
Do you still use any old-school technology (like landlines or VHS tapes) at home?
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