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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 $50,000, entitles the Donor to establish a fund within the Foundation, with the Donors' chosen name, for general charitable purposes.

2. Donations of $50,000 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 a Declaration of Trust template

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

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
​Office@advanceashburton.org.nz

  • 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's Scholarship 2022- CLOSED
    • Guidance for Grant Applicants
    • Community Grants
    • Tertiary Scholarships - Closed
    • Personal Development Scholarships - Closed
    • Trade & Industry Scholarships - Closed
  • 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
    • Latest News
    • Read Our Newsletter
    • Events
  • Contact