Northland Community Foundation
CC21065
Northland Community Foundation, trading as Northland Foundation, is Northland's philanthropic hub - focussed on inspiring generosity for our special region of Aotearoa New Zealand. We want to connect with people to build deep funds that will be available to charitable or community causes in Te Tai Tokerau, Northland. We are keen to work in a number of different sectors - including health, education, sport, the arts, community service and others. Your gift of a capital sum to the Northland Community Foundation in your Will allows funds to be invested or given directly out to your particular cause or fund you are interested in.
Invested funds create a legacy for the donor and earn interest every year that can be distributed to the chosen charitable cause forever!
Your wishes as the donor will be honoured by the Foundation and we will communicate with your
family to let them know annually how your gift has been used for the benefit of Northland.
Donations and bequests made to the Northland Community Foundation can be invested, protected and
grown, meaning your generosity will support our communities needs forever.
The donations and bequests can be invested forever. Every year some of the investment income is retained to ensure your gift grows in line with inflation and is protected from market fluctuations. Then the balance of the income from the investments are distributed to worthy causes throughout Northland each and every year, forever.
Any sized donation can be invested and pooled with the Northland Fund or Special Interest Funds. For example $1,000 if invested today could grow to $6,568 in 100 years, and gift out $5,275 in grants back to charitable causes in Northland. Making your gift keep on giving forever!
BEQUEST OF ANY AMOUNT TO NORTHLAND COMMUNITY FOUNDATION TO BE ADDED TO THE GENERAL ENDOWMENT
FUND
I GIVE the sum of $_________ [or ___% of the residue of my estate] to Northland Community
Foundation, an incorporated charitable trust (charities registrationnumber CC21065), to be added to
its General Endowment Fund. I direct that the receipt of any officer of Northland Community
Foundation shall be a full discharge to my trustees.
BEQUEST OF $50,000 OR MORE TO NORTHLAND
COMMUNITY FOUNDATION TO ESTABLISH A NAMED ENDOWMENT FUND
I GIVE the sum of $_________ [or ___%
of the residue of my estate] to Northland Community Foundation, an incorporated charitable trust
(charities registration number CC21065), to be used to create an Endowment Fund named
________________. A Memorandum of Wishes signed by me and dated ________
sets out my wishes
regarding this endowment, including the charities or causes that I wish to benefit from
distributions from this Endowment Fund. I direct that the receipt of any officer of Northland
Community Foundation shall be a full discharge to my trustees.
BEQUEST OF ANY AMOUNT TO
NORTHLAND COMMUNITY FOUNDATION TO BE ADDED TO AN EXISTING NAMED ENDOWMENT FUND
I GIVE the sum
of $_________ [or ___% of the residue of my estate] to Northland Community Foundation, an
incorporated charitable trust (charities registration number CC21065), to be added to the Endowment
Fund named ________________
that I established by Deed of Gift and Memorandum of Wishes signed
by me and dated ________. I direct that the receipt of any officer of Northland Community
Foundation shall be a full discharge to my trustees.
RESIDUE TO NORTHLAND COMMUNITY FOUNDATION
AS DEFAULT BENEFICIARY
IF ALL OF THE ABOVE TRUSTS FAIL, I GIVE my residuary estate to Northland
Community Foundation, an incorporated charitable trust (charities registration number CC21065)
to be added to its General Endowment Fund. I direct that the receipt of any officer of Northland
Community Foundation shall be a full discharge to my trustees.
SUGGESTED CLAUSES FOR FAMILY
TRUSTS
Your clients may have the bulk of their assets in a family trust and may wish to
consider a distribution from their family trust to Northland Community Foundation as a
discretionary final beneficiary.
The family trust deed will need to include any charitable
trust or Northland Community Foundation as a discretionary final beneficiary.
A letter of
wishes to the trustees of their family trust can then include one of the following clauses
Distribution of any amount to Northland Community Foundation to be added to the General Endowment
Fund
Distribute the sum of $_________ [or ___% of the net assets of the trust] to Northland
Community Foundation, an incorporated charitable trust (charities registration number CC21065), to
be added to its General Purposes Endowment Fund. I direct
that the receipt of any officer of
Northland Community Foundation shall be a full discharge to my trustees.
Distribution of
$50,000 or more to Northland Community Foundation to establish a Named Endowment Fund
Distribute the sum of $_________ [or ___% of the net assets of the trust] to Northland Community
Foundation, an incorporated charitable trust (charities registration number CC21065), to be used to
create an Endowment Fund named
________________. A Memorandum of Wishes signed by me and dated
________
sets out my wishes regarding this endowment, including the charities or causes that I
wish to benefit from distributions from this Endowment Fund. I direct that thereceipt of any officer
of Northland Community Foundation shall be a full discharge to my trustees.
Distribution of
any amount to Northland Community Foundation to be added to an existing Named Endowment Fund
Distribute the sum of $_________ [or ___% of the net assets of the trust] to Northland Community
Foundation, an incorporated charitable trust (charities registration number CC21065), to be added to
the Endowment Fund named ________________
that I established by Deed of Gift and Memorandum of
Wishes signed by me and dated ________. I direct that the receipt of any officer of Northland
Community Foundation shall be a full discharge to my trustees.
Distribution to Northland
Community Foundation as default beneficiary IF ALL OF THE ABOVE TRUSTS FAIL, Distribute the net
assets of the trust to Northland Community Foundation, an incorporated charitable trust (charities
registration number CC21065) to be added to its General Purposes Endowment Fund [or added to its
_______________ Special Purposes Endowment Fund]. I direct that the receipt of any officer of
Northland Community Foundation shall be a full discharge to my trustees.