Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Philanthropic sector thrilled with Morgan donation

05 April 2006

Philanthropic sector thrilled with Morgan donation

Gareth Morgan’s announcement that he will donate $47m to charitable organisations will make a significant difference to funding options for a wide range of New Zealand charitable groups.

“It’s great that someone is prepared to make such a significant public commitment to supporting charities through philanthropy,” says Andrea Goble, General Manager of the Funding Information Service, which provides funding information to the community and voluntary sector.

“Mr Morgan’s decision to place the money in a foundation like structure means that a wide range of groups will be able to benefit from long-term, sustained and strategic funding which is great news for the community and voluntary sector.”

The donation also made a positive statement about philanthropy and giving in New Zealand, and highlights the huge contribution that many private
philanthropists make to supporting charitable groups and other community organisations.

“This is really a celebration of the culture of giving in New Zealand and we would encourage anyone else thinking of donating to charity to follow this example. By thinking about how to structure the donation and researching the best ways to distribute funds Mr Morgan will be able to better sustain the organisations he cares about over a longer period of time,” says Robyn Scott, Executive Director of Philanthropy New Zealand, the umbrella organisation for the philanthropic sector.

Ms Goble says it is important for philanthropists to be informed about best practice and to understand that all donations, regardless of size, should be carefully planned to enable maximum benefit for recipients.

“We always encourage and celebrate the act of giving – whether it is through time or money. Yesterday’s announcement highlights the fact that philanthropy is alive and well in New Zealand and we look forward to seeing the positive effects of Mr Morgan’s contribution on New Zealand communities,” says Ms Scott.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news