Gift
Ways to Give
Photo: Liz Carlson
Our role is to make it as easy as possible for you to give back to your community.
We offer a range of flexible solutions designed to fulfil your charitable goals and provide you with maximum tax benefits.
Donate during your lifetime
Start a satisfying journey and become a donor during your lifetime. Your gift will support your chosen charity or charities.
Donations can be of any size - you do not need to be wealthy to give.
Any donation is welcome and can be added to the Southland Impact Fund, managed by Southland Foundation Trustees, or added to one of our existing Special Purpose Endowment Funds created by individuals, families, businesses, and community organisations. These support a wide range of causes in the Southland community, and you can find out more about each of these funds here.
Donations of $100,000 and over, Named Fund privileges will apply which means you can choose which charities receive annual distributions from your Named Fund.
Giving during your lifetime could qualify for a 33.3% tax credit.
Creating a legacy
Leaving a gift in your will (bequest) is a wonderful way to create an enduring legacy without impacting on your current financial needs. Our team can work closely with you, your family or your professional adviser to ensure that your giving objectives are met in perpetuity.
You can also choose to keep your descendants aware of the grant-making, ensuring they stay connected to the impact of your generosity.
Named Endowment Fund
A Named Endowment Fund is an alternative to establishing your own Foundation or Trust as a vehicle to facilitate your giving, during your lifetime or as a gift in your will.
A Named Endowment is a personalised fund set up by an individual, couple or a family.
You may wish to make a gift for the benefit of your community by leaving a percentage of your estate or a specified sum in your will to the Southland Foundation, knowing that it will keep giving forever.
Legacies can also be left to the Southland Impact Fund. This fund is distributed to worthy causes in Southland and entirely managed by our passionate team of trustees.
You can also choose to gift to an existing Named Endowment Funds which have specific purposes that may align with your own passions for giving in the Southland region.
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The Donor will discuss options for a fund with the Southland Foundation.
The minimum required to set up a fund is $100,000.
The Donor chooses to leave a gift in their will or to give it now and may be eligible for a 33.3% tax credit (up to the value of their taxable income).
The Donor selects the causes/charities to support or allows the Southland Foundation to identify the greatest needs in the community each year.
The Donor chooses the name of the fund.
A Named Endowment Fund is established with the signing of a memorandum of wishes. A simple clause will be added to your will (MOW for a family trust) that will come into effect after death or when you begin living giving.
Donations are pooled and invested in perpetuity.
Investment returns are distributed to the causes or charities nominated in the memorandum of wishes.
Transfer a trust or society
Operating a trust, incorporated society or charity has become increasingly challenging with legislative changes, finding new trustees, investing capital, and increasing compliance expectations.
By transferring your trust or incorporated society to Southland Foundation you can ensure its purpose continues while we manage the compliance, investment, and grantmaking.
Your gift will continue making a difference for the purposes you care about for generations to come.
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Through Trust resettlement, Southland Foundation offers a simple solution for management around compliance, investments, effective grant making and more. It is a simple way of winding up a trust while maintaining the original purpose and legacy of the Trust.
We have the existing governance, investment, and management structures already in place to create economies of scale and maximise returns to your beneficiaries.
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Your trust or organisation sets up a Named Fund with the Southland Foundation. The name of this could be similar to your current name or something new.
You set the purpose of the new fund, which would most likely align with your original purpose.
You decide on a distribution method. This may be through our existing distribution committee or through your own bespoke committee.
The Southland Foundation takes care of the governance, charity reporting, distributions, finance, and marketing.
Your fund will be pooled with our other invested funds managed by professional advisors.
A portion of the income is distributed each year to the community.
The Southland Foundation produces annual reports of returns and distributions.
Community Group Funds
Setting up a Community Group Fund with Southland Foundation is an effective way to provide a reliable and sustainable funding stream for the future.
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A Community Group Fund is a special type of named endowment fund established solely for the benefit of your organisation. Southland Foundation accepts the responsibility of managing the fund and your organisation has complete control of what to do with the income.
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Your organisation establishes a fund with the Southland Foundation.
The minimum required to set up a fund is $100,000.
Donations are pooled and invested in perpetuity.
The Southland Foundation protects the capital against inflation.
Surplus income from investment is distributed back to your organisation for operational requirements.
We work with your organisation to promote and grow the fund.
Southland Impact Fund
Join us in making a lasting impact in our community by donating to the Southland Impact Fund.
Every contribution, big or small, becomes a vital building block for creating positive change and shaping a brighter future for all. Together, we can empower individuals and communities to become architects of their own success, creating ripple effects of positive change throughout our Southland communities.
Business and Workplace Giving
Across Southland more local businesses, organisations and workplaces are choosing to give back to the communities they are part of not only through donations or sponsorship, but by investing in the people, places and stories that shape our region.
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Super Legacy for Southland
One meaningful way to begin your giving journey is by considering a donation of all or part of your superannuation.
You may be surprised to learn that around 1% of New Zealanders over the age of 65 don’t claim their superannuation payments at all. Many more are fortunate enough not to need the full amount to support their retirement. For those in this position, redirecting some or all their superannuation can be a powerful way to give back and make a lasting impact.
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You may choose to donate a portion or all your superannuation, with the flexibility to pause or stop your contributions at any time.
When you donate, you decide to which fund your contribution is directed.
Donations may be eligible for a tax credit, and we will provide you with an annual donation receipt to make claiming this credit as simple as possible.
Find out how we can tailor a solution to suit your giving needs.