Research by a remuneration consultancy shows chief executives of charities in New Zealand are paid an average of $224,000 per year. Strategic Pay executive reward manager Jarrod Moyle says chief executives in the charitable sector are often motivated by a cause rather than the salary and many are paid a lot less than $220,000. Listen Read more
Posts Tagged ‘Charities Commission’
Proposals on auditing charities revised
Tuesday, February 26th, 2013
A second discussion document from the Ministry of Commerce sets out new proposals regarding audit and assurance requirements for large and medium-sized charities. It follows a consultation on tentative proposals last year which indicated concerns that the requirements captured too many charities and that these charities were not resourced to meet the new demands. Under the new proposals, charities Read more
Family Planning Association’s charity status comes under fire
Friday, February 1st, 2013Anti-abortionists are taking aim at the charity status of the Family Planning Association in their latest assault against women and pro-choice organisations. Pro-choice groups have labelled Right to Life’s ongoing grudge-match as tiresome and time-wasting. The Charities Commission confirmed it received a complaint regarding the Family Planning Association’s charity status, but was yet to decide Read more
New law – professional fundraisers must declare fees and costs
Friday, June 29th, 2012
A bill was passed by Parliament on Thursday requiring professional fundraisers that raise money for on behalf of charities to disclose their fees and costs if the amount they retain exceeds more than of half the money collected. It received unanimous support. The Bill was drafted following reports that some professional fundraisers were keeping up Read more
Parliament axes Charities Commission
Friday, May 25th, 2012
The Charities Commission will be scrapped under legislation passed by Parliament on Tuesday night. The Crown Entities Reform Bill will instead see the regulation of charities carried out by a board within the Department of Internal Affairs. Members of ComVoices, a network of community and voluntary sector organisations, said it was not too late for Read more
Closer scrutiny of Charities proposed
Friday, April 27th, 2012
Closer scrutiny of Charities is being proposed in a discussion paper released by Commerce Minister Craig Foss. “We don’t want a few organisations damaging the reputation of all New Zealand charities,” says Foss. “Charities make a valuable contribution to society and it’s important to get the balance right. They must be transparent and accountable but not Read more
New Zealand shuts down its Charities Commission
Tuesday, March 6th, 2012
While the Australian Federal Government is setting up a charity regulator in the form of the Australian Charities and Not-For-Profits Commission , the New Zealand Government is shutting down its Charities Commission. A statement from the NZ Government says it has decided that its Charities Commission is unnecessary, carrying out a duplication of functions of Government, and Read more