Ways to give

How Future Giving works

By virtue of our charitable status, the scale of our funds portfolio and the diversified risk profile, Momentum Waikato provides consistently better returns over time than a smaller sum privately invested, or left in a bank deposit or private Trust. Momentum Waikato can have up to four investment managers, with our main portfolio invested with Craigs Investment Partners and JBWere and guided by a tailored Statement of Investment Policy (SIPO). Forsyth Barr Cambridge is used as the Investment Manager for the Cambridge Community Fund, and Aspiring for the Donny Fund.

For individuals, if your initial 'living gift' or gift-in-Will (bequest) is $50,000 or more, it can become a ‘named fund’ with Momentum Waikato. We will work with you to establish a distribution strategy, how much of the growth generated is to be distributed in any one given year, and how much is to be reinvested for passive growth.

If you want to leave future decisions about who best to support, of your initial gift is less than $50,000, you can either donate to an existing Momentum Waikato named fund (refer to Our Funds Page) into one of our place-based funds (ie. Cambridge Community Fund or one of the Coromandel Future Funds).

This graph below shows how this model works over fifty years, using the example of an initial $100,000 gift.

The infographic below shows how a Named Endowment Fund established with Momentum Waikato by local donor in 2018 has grown and given out since. This fund will continue to grow and give forever.

Create Your Legacy – Leaving a Bequest in your Will

Leaving a gift in your Will that gives forever through an endowment fund is giving. Leaving a gift in your Will into an endowment fund, is future giving. Endowment legacies give back now and forever, as opposed to "one and done" giving. Endowment funds provide a perpetual benefit to the causes you care most about. Leaving a lasting legacy.

New Zealanders are remarkably generous people. Most of us readily donate our time and/or money back in our community in some way. Endowment Funds mean we each can help create a lasting impact for future generations, and securing the future for many organisations to continue the great work they have done thus far.

You don't have to be wealthy to give back. f you're not in a position to donate now, probably the most significant charitable decision you will make in your lifetime is a gift in your Will (a bequest), in support of causes and activities that matter to you.

Balancing meaningful and effective bequest while still supporting your family - how do you choose from all those worthy charities and causes out there? How do you ensure your support will grow and support the chosen recipients you wish to be supported long after you have gone?

Globally donors have found community foundations, like Momentum Waikato, are an ideal solution to these dilemmas - leaving a bequest to one or more of the philanthropic endowment funds at Momentum Waikato then provide perpetual income for local causes or projects you care most about.

To formalise a bequest intent we work with you to understand your wishes and what you care about most. We help you tailor a Bequest Plan capturing what you want to include in your Will, to the causes and organisations that matter to you.

We always recommend engaging the independent advice of a lawyer to guide you with your wishes. We have several local professional services firms - lawyers, accountants and financial advisors that understand endowment funds that we recognise as community champions, people like you that understand and value generosity.

Whether it’s via donations now or a bequest in the future, Momentum Waikato will help you make informed decisions for achieving meaningful social and environmental impact. We ‘connect and convene’ generous local people with front-line organisations across the Waikato, so we can offer you the tools to give wisely.

Establish a Philanthropic 'Named Fund'

You can start your own endowment fund, a 'named fund', by either making a significant donation to Momentum Waikato or by telling us you are leaving a bequest in your Will for Momentum Waikato to administer. In either case, distributions from your Fund, now and in the future, can be to the charities of your choice or to into one of Momentum Waikato's existing Named Funds, as per your wishes.

The monies are invested as part of the Momentum Waikato endowment portfolio, and your balance is tagged and tracked to your named fund.

Trust or Incorporated Society Transfer and Resettlement

Momentum Waikato is a solution for existing trusts and incorporated societies, to transfer the operation and management of their trust to us as your local Community Foundation.

To support the process of transferring a trust or incorporated society, Momentum Waikato will work with the current trustees or committee members to develop a tailor-made plan that provides whatever level of future involvement you may desire.

Once the capital from a trust or incorporated society is transferred across to Momentum Waikato, it becomes a 'Community Fund' at Momentum Waikato and we become its guardian in perpetuity.

The Named Fund will continue with its original intent, and will also benefit from investment knowledge, sound governance, legal and financial support, and a local management team and Board of Trustees experienced and knowledgeable about growing endowment funds, grant-making, and dedicated to supporting great local causes and projects, now and forever.

We will keep you updated with the continuing work being undertaken as a result of your generosity.

Payroll Giving

Momentum Waikato encourages employees and businesses to work together for the mutual benefit of their communities, and Payroll Giving, a big part of how New Zealanders now support charities, is a great way to do it.

‘Payroll Giving’ is the IRD scheme where employees can choose to make donations to charities via a deduction from their regular pay packet, at the same time as their income tax and student loan repayments, with the tax on the donation being able to be claimed back at tax return time.

Anyone can set up their own Payroll Giving to donate to an existing Momentum philanthropic fund or as part of setting up a new fund supporting the charity of your choice - as with all other ways of giving, you direct how the resulting investment returns are granted and disbursed (see above).

Payroll Giving is also a great way for people to directly support the work of Momentum Waikato, as scheduled ‘untagged’ contributions towards its regional endowment generate income that is used to enable our Transformational Projects aimed at creating 'A better Waikato for everyone, forever'.

Coupling Payroll Giving with a philanthropic investment fund at Momentum Waikato is a great way for employers to enable their staff to get the maximum ongoing impact for their charitable donations, especially when contributions are matched by the firm.

Leaving a portion of the resulting income invested each year keeps the fund growing. Companies setting up a Fund fed by Payroll Giving should include information about the scheme in their on-boarding packs and actively promote it to all their staff.

To set up Payroll Giving, talk to your employer, or your employees, complete the forms at the links below, and contact Momentum Waikato.