Women and charitable giving

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On International Women’s Day we look at why applying a ‘gender lens’ might help your charitable giving.

Today is International Women’s Day. A day to celebrate the movement for women’s rights and gender equality. How does this relate to the work we do at The Gift Trust and encouraging charitable giving? In more ways than you might first think…

 

I’ve been inspired this week by two events. The first was a conference I attended in Auckland, ‘Women Give 2018’, celebrating how and why women give to charitable causes and how we might support more charities working on issues effecting women and girls. The second inspiration was an address given by our Governor-General Dame Patsy Reddy yesterday to kick off a year-long celebration of 125 years of women’s suffrage in New Zealand. Dame Patsy talked about how, although the world has changed a lot over the past few decades, there is still a long way to go to reach genuine gender equality, as the recent #Metoo campaign and cases in NZ of sexual harassment at law firms has shown.

 

At the ‘Women Give 2018’ event, hosted by the Auckland Community Foundation and Philanthropy NZ, there were inspiring speakers talking about why applying a ‘gender lens’ to your charitable giving is helpful. Some of our donors at The Gift Trust may want to support charities focussing on women and girls or gender equality. But even for those that don’t, you can still apply a ‘gender lens’ to any charitable donation. Does the charity you want to support measure how many of their beneficiaries are women and girls? Are they ensuring that whatever service they provide is equally accessible to women and girls? Do they promote equality and diversity policy among their staff and board? These are some useful questions you could ask and if you need support The Gift Trust can help you to do this.

 

There are many and varied charities in NZ working on gender equality or issues effecting women and girls. Good places to start are Gender Equal NZ, the National Council of Women of NZ, New Horizons for Women Trust, the National Collective of Independent Women’s Refuges and the wonderful Urutapu, whom The Gift Trust have supported, who run leadership programmes for young Māori women. And there are many more.

 

In terms of women in philanthropy, it’s hard to find research in New Zealand of how many women make charitable donations, but international research has shown that women consistently give more than men in almost every income bracket. American research by the Women’s Philanthropy Institute shows that baby-boomer and older women gave 89% more to charity than men their age, and women in the top 25% of income gave 156% more than men in that same category.

 

Women sometimes like to give to charity in different ways. We tend to be more interested in collaborative giving, where we can join together with others and pool our resources. One way of doing this is by setting up a ‘Giving Circle’ and you can read this article about how The Gift Trust can support people who’d like to do this.

 

It couldn’t be more timely to support women’s causes. Sometimes as New Zealanders we can get complacent in a country where we have a woman Prime Minister, a woman Governor-General and 125 years of women voting. But as we’ve seen from the recent cases of sexual harassment in law firms, the 9.4% gender pay gap and the NZ launch of the #Metoo campaign, there’s still a long way to go.

As for me personally, I’ve been inspired to look at my own giving with a ‘gender lens’, and I’m looking to set up a Giving Circle among my friends. And if I need more inspiration all I need to do is look at my young daughter and son – I’d like them to grow up into a world with gender equity and where they are not defined by their gender.

 

 

A note of gratitude to The Gift Trust for always taking the time to learn the cultural nuances around doing this kind of work in so many countries. I am always so impressed with your due diligence process and openness to understanding why things are the way they are. Thank you!

Geneva Loftus Executive Director, Move92

We set out to build a new pooled fund as a way to give passionate people an avenue to contribute to climate action. The Gift Trust provided expert guidance, professional operational infrastructure, and generous connections. What’s resulted is a boost of much needed funding going to incredible climate charities doing the mahi here in Aotearoa.

The Climatics Gift Trust client

Aroha mai, aroha atu – is an expression of interconnectedness, reciprocity and balance, advocating for a world where kindness, empathy, and love are shared freely and returned, fostering stronger communities and personal well-being. This whakataukī embodies the spirit of the Matariki Koha Fund, our connection with Te Āti Awa iwi and the tautoko The Gift Trust provides us all. Kia ora!

Wellington Community Fund

The Gift Trust is hands down the best thing we’ve done to help us with our giving journey. They make it easy, fun, and put us in touch with charities we would never know about otherwise. We can’t recommend them highly enough!

Holmes Charitable Fund Gift Account holder

We are hugely grateful to The Gift Trust for undertaking research into the disability sector and for identifying and then introducing us to an organisation which was willing to take on an additional project to fill a gap that we had identified in the disability support network. Yvonne and Cheryl at The Gift Trust continue to provide the link in our relationship with the organisation and to oversee the provision of meaningful and regular reports on impact.

Columba Fund Gift Account holder

Finding charities that fit well within a trust's giving brief can be difficult and time-consuming. When we needed charity research done for one of our trusts under management we contracted The Gift Trust to do it for us. They had a wealth of knowledge and connections that provided us with a concise and clear report, giving us the information we needed to decide where funds should be allocated.

Dentons New Zealand

An area of importance to our clients is charitable giving. The Gift Trust offers an opportunity to streamline the gifting process, while adding increased confidence and transparency. It also provides robust due diligence of eligible charities and access to additional support services for clients with complex needs.

Philip Stevenson CEFEX Certified Investment Adviser, Bloomsbury Associates

The Gift Trust provides a flexible and robust structure, to support donors' charitable giving intentions, while still enabling them to have a say in the investment of donated funds.

David Ireland Partner, Dentons New Zealand

A Gift Account with The Gift Trust is a great option as an alternative to setting up a charity or private foundation while still preserving clients' control over their giving.

Steven Moe Partner, Parry Field Lawyers

The administration and ongoing compliance requirements involved in setting up a private charity can be onerous, and even risky. Setting up a Gift Account allows The Gift Trust to look after those requirements, and provide support that allows the donor to focus on what they really want to do with their gifts.

Sue Barker Specialist charities lawyer

The Gift Trust takes the guesswork out of giving. Having support with research and due diligence on donations ensures that funds are truly making the desired impact. It has been a real pleasure to work with The Gift Trust.

Ben Gift Account holder

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