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Parry Field Charitable Foundation
These forms of entity combine impact with business by taking the form of a company which has a dual focus – ensuring profit (proving sustainability) while also focussing on purpose (supporting some social, environmental, cultural or other impact, beyond profit).
We have worked extensively with setting up these forms of entity and contributed to the debate about what their future should be in our country. For example, we published the book “Social Enterprises in New Zealand: A Legal Handbook” as well as “Laying Foundations for Reimagining Business: Essays”.
We also contributed as a co-author to the Ākina Foundation led report “Structuring for Impact: Evolving Legal Structures for Business in New Zealand”.
Designing a structure which captures the purpose, ensures sustainability through profits and communicates this well to others is something we have assisted clients with who come from across New Zealand. We would be happy to discuss this with you.