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How much will your organisation get?
Trust Waikato rarely funds the entire sum that organisations request. We prefer to
make a fair contribution and encourage organisations to secure funds from other
sources as well.
What about tax status and GST?
Trust Waikato donations do not attract GST; donations are exempt from GST.
We encourage organisations to become recognised by the
IRD as being tax exempt.
Your organisation may wish to register with the Department
of Internal Affairs – Charities, which will mean you are
eligible for tax exempt status.
Can donations be for more than one year?
Trust Waikato also offers multi-year donations (2 or 3 years). Organisations must
meet additional criteria outlined in our Multi-year Donation Policy.
Does your organisation have:
•
services that fit closely with Trust Waikato’s donation areas of focus, and
•
funding needs for 2 – 3 years ahead, and
•
a donations record with Trust Waikato for at least
3
consecutive years, and
•
audited financial statements with no significant
qualifications.
If your organisation fits the multi-year donation criteria, you can apply for a 2 or 3
year commitment.
We do expect donations to be used for the purpose
applied for.
If this becomes difficult for some unforeseen reason, please call us to talk
about it.
Visit these websites
for more information –
www.charities.govt.nz
www.ird.govt.nz
For a copy of the
Trust’s Multi-year
Donation Policy visit
www.trustwaikato.co
.nz