For professional advisors – how we can help you
Our member foundations recognise the importance of your relationship with your client. We can add significant value to that relationship by giving your clients the opportunity to support the community that they love.
Our foundations are all local and have a unique understanding of local community’s needs and the many ways your clients can make an impact. Our foundations are well respected and well positioned to ensure that every gift your client makes is not only the right gift at the right time, but is also personal, meaningful and fulfilling.
At no cost to you, your local community foundation can:
- Consult with you and your clients on ways we can help them meet their charitable and financial goals.
- Provide printed materials about giving through your local community foundation, including information on a variety of giving strategies.
- Keep you updated via our newsletter on the latest news from community foundations around the country and the impact we are having.
- Look at easier options for those who have their own charitable trusts.
- Accommodate gifts such as real estate, life insurance policies or shares, that are not easily transferable to other charitable entities.
There are a variety of ways for your client to give to your local community foundation, from outright cash gifts through to planned giving strategies designed to help them make the most of tax benefits, maintaining their financial security, and, of course, looking after family members.
- to meet to discuss a client’s specific interests
- to receive an information pack
- to receive ongoing updates about community foundations and their impact in New Zealand
- to book an information session for your staff on community foundations and how they can assist you in your dealings with your clients.
Bill Holland, Partner, Holland Beckett Lawyers
“As a lawyer, I often know my clients very well. When they seek my advice on making their Wills, the discussion can often lead to charitable giving and I then explain that could be either a direct gift to a charity or a permanent endowment gift through a community foundation. My experience has been that most seem to prefer endowment giving.
I have never sensed any resentment from clients for having raised the option of charitable giving. On the contrary, I have had many clients who have become very enthusiastic. Not only have they made provision for in their Wills, but in many cases they have chosen to start giving while they are living. One client said, “It is better to give with a warm hand than a cold one”, but then she confessed that what was even better was getting the 33% tax refund on her gift!”
Read Bill Holland’s blog post here – a more strategic way for clients to give
Robert Lee, Partner, KPMG Accountants
Robert discussed with an elderly client why he felt the local community foundation in Tauranga (Acorn Foundation) would offer the best solution for her estate, in terms of meeting her philanthropic wishes. He found that his client liked the idea of knowing that her estate would make a meaningful and lasting contribution to this region, where she had lived for many years. Robert’s main reasons for suggesting the local community foundation were:
- Acorn Foundation is a credible and respected charitable foundation so it takes away the worry of administering a separate charitable trust
- Acorn Foundation is a local charity
- The objectives of the Acorn Foundation were well aligned with her wishes
- Revenues and/or capital can be attributed to causes she wanted to help the most