We are pleased to announce the release of our paper on Fundholding.
Fundholding is a flexible solution that can apply to many groups seeking to carry out charitable purposes, but are held back by common barriers, such as administration or a lack of funding streams.
The paper focuses on:
- Discussing the basic elements of a charity in New Zealand and why fundholding might be an option for some projects;
- Defining fundholding;
- Discussing the various forms of fundholding;
- Outlining the key provisions for a written fundholding agreement; and
- Giving examples of fundholders in New Zealand.
We are at the early stages of the journey here in New Zealand. It is our hope that by preparing this paper that it will bring into sharp focus the potential of fundholding but also the challenges that will be faced to implement it well here.
Thank you to all those who contributed to the paper.
We help hundreds of charities and are New Zealand’s leading lawyers for this sector – if you’d like to discuss this or any topic, let us know.
You can download the paper here.
Launch of our Fundholding Paper. Recorded 4th March
