How to Donate

For all giving please refer to Taxation Benefits below:

For larger amounts (greater than $10,000)

You can direct where the income earned from your donation will be distributed to.

You can instruct your solicitor to contact us to make arrangements (refer Guidance for Professionals)

We would like to meet you to discuss the most effective way to structure your gift (contact us).

For smaller amounts ($10 to $10,000)

You can send us a cheque

You can pay directly into our bank account as a one off donation or set up a regular payment. Please send us an email with your details so we can send you a receipt for your taxation rebate claim.

• Westpac Bank – Lambton Quay – 03 0502 0163248 00

You can make a donation through your employer (Payroll Giving)

We have a number of standard structures in place for managing your donation but remain flexible to ensure your needs are met.

The standard structures are:

Named Endowment funds – generally for contributions greater than $75,000

Dedicated Funds – for amounts $10,000 to $75,000

General fund – for amounts from $10 to $10,000

Nikau Club – regular contributions to support the administration and development of Nikau Foundation – some benefits attach.

For further details of how we can structure your donation / bequest please contact us to discuss your options.


Existing or Proposed Charitable Trusts:

Private Charitable Trusts can be set up without consideration of the administrative burden that can be passed on to future generations who may not have the enthusiasm of the settlors. Nikau Foundation is ideally placed to manage these administrative tasks for you and to continue the trust with the intent of the original donors.

Taxation Benefits:

Current Taxation Law allows for a rebate to be made for donations to charitable organisations.

This rebate is 33% of the amount donated up to a limit of your taxable income.

You can claim the rebate:

Immediately – through payroll giving (arrange with your employer)

At the end of each taxation year by submitting a return to Inland Revenue.

Nikau Foundation will issue a taxation receipt for your donation.

If you make a payment directly into our bank account you should send an email to admin@nikaufoundation.org.nz with your name, address and IRD number to enable us to identify your payment.

If you make regular payments one email is sufficient and we will issue a receipt at the end of the taxation year.

Examples:

If you ask your employer to pay $20 per payday to Nikau Foundation through payroll giving you will receive an immediate rebate from Inland Revenue of $6.67 – your take home pay will reduce by $13.33 and we will receive $20.00.

If you pay $50 per month to our bank account we will issue you a receipt at the end of the taxation year for $600 and you will receive a rebate from Inland Revenue for $198 when you file your rebate claim.

If you leave Nikau Foundation $100,000 in your will there is no taxation rebate.

If you gift $100,000 to Nikau Foundation during your lifetime you can claim a rebate of 33% ($33,333) at the end of the taxation year (assuming you have sufficient taxable income).