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​Setting up a fund

These notes may assist you to advise clients who are interested in giving back to their community by donation to Advance Ashburton Community Foundation. Your clients could set up a fund in any one of the following ways:

1. Donations up to $200,000, entitles the Donor to establish a fund within the Foundation, with the Donors' chosen name, for general charitable purposes.

2. Donations of $200,000 or more (including by accumulated payments) entitles the Donor to establish a fund within the Foundation, with the Donors’ chosen name and specified charitable purposes. This could also be used to establish a charitable memorial fund in respect of a loved one who has passed on.
Click here for the Memorandum of Wishes

3. Donation to any of the existing special purpose funds with which the Foundation holds to benefit particular local causes. So far these include:
  • Hospital and Health Fund
  • Arts Fund
  • Heritage Fund
  • Volunteer Rural Firefighters’ Welfare Fund
  • Ashburton Palliative Care Fund
  • Rakaia Community Fund
  • Winchmore District Fund
  • The Hearing Association Fund
  • Wastebusters Fund
  • The Ashburton College Alumni Trust
  • The Child and Youth Fund

All cash donations under 1, 2, and 3 above, made during the Donor’s lifetime, qualify for a tax rebate of up to one-third of the amount given, up to a maximum of the Donor’s taxable income.

4. Payroll giving may be an option for businesses whose staff wish to contribute.

Telephone
​03 307 5902

Email
​[email protected]

  • Home
  • About
    • How it works
    • Annual Reports
    • Our History
    • Meet our Trustees and Co-opted members
    • Meet our Staff
    • Community Foundations NZ
    • Tindall Foundation
    • Our Logo
  • Grants & Scholarships
    • Leader Scholarship now closed
    • Guidance for Grant Applicants
    • Community Grants Now Closed
    • Tertiary Scholarships
    • Personal Development Scholarships
    • Trade & Industry Scholarship
  • Who we have helped
    • Who We Have Helped >
      • Community Grants
      • Scholarship Recipients
    • Distributions
  • Make a Donation
    • How to Make a Donation
    • Advisors >
      • Asking The Question
      • Fund Establishment
      • Planned Giving
      • Trust Management
      • How we invest
    • Meet Our Donors
  • News
    • New Child and Youth Fund
    • Latest News
    • Read Our Newsletter
    • Events
    • Wills Month
  • Contact