Results 1 to 8 of 8

Thread: KB registered charity?

  1. #1
    Join Date
    1st November 2005 - 08:18
    Bike
    F-117.
    Location
    Banana Republic of NZ
    Posts
    7,048

    KB registered charity?

    What if KB had a registered charity to its name?

    Something that anyone could donate to and something that retailers/suppliers could donate goods to - that can then be auctioned off to raise funds for worthy people. Others could donate money and claim a tax-deductable donation, encouraging more than just the usual donation amounts. People may give more?

    With several recent cases of members who have had injury or personal hardship and have benefitted from the generosity of the other members, perhaps other potential and eminently worthy candidates who could benefit from this kind of organisation.

    Organised charity rides?
    Ability to donate to other organisations like the Westpac rescue helicopter for example. Pay it forward for those unfortunate enough to need this service.
    Being able to support rider training in some form?

    I personally have no idea of what the requirements would be to set this type of thing in motion.

    Just a mad idea at the moment. Thought that the site members might have a better idea of how to set this up (if we feel it is possible).

    Hope fully Site Stuff is the appropriate area for this thread.
    TOP QUOTE: “The problem with socialism is that sooner or later you run out of other people’s money.”

  2. #2
    Join Date
    15th June 2006 - 21:15
    Bike
    2006 F650GS
    Location
    Hawkes Bay
    Posts
    1,112
    At a first glance, I think it is a brilliant idea

    I often give donations to those posts that are on here, but sometimes I have to admit I cant be bothered setting up another Payee on my bank account for a money transfer

    By having one account then I would pay more often as things arise

    The big but, is that we would need to find someone that has the time and patience to administer it, and how would we decide who gets what, if there are multiple things happening at the same time?

    Looks good though

    Dusty Butt 1000km - We knocked the bugger off what next?

  3. #3
    Quote Originally Posted by Zukin View Post
    The big but, is that we would need to find someone that has the time and patience to administer it, and how would we decide who gets what, if there are multiple things happening at the same time?
    My exact concern

    However noble intent tho...

  4. #4
    Join Date
    15th February 2006 - 15:25
    Bike
    Orange ones! (and a few others...)
    Location
    Auckland
    Posts
    2,970

    Charitable organisations.

    Possibly a bit of a bigger task than opening a bank account and chucking money about.

    I am no expert on this but sit on the board of a charitable, volunteer organisation (coastguard) and although we are talking some reasonable sums involved with that compared to smaller sums with KB the fundamentals are the same.
    To be a charitable organisation you need an organisation, a board of directors who are responsible for the organisation, and an accounting facility to track the cash and to provide an authenticated record for the IRD.

    KB is not an organisation, nor does it have a board of directors and really is not that type of a "group" so you may need to approach MNZ or BRONZ as a parent organisation, which may defeat the idea itself.

    Possibly worth a bit of a look at more closely Swoop, but my initial reaction was that it may be better to carry on in the way we already do.

    Do we have anyone on the site that has a more "expert" opinion than mine that can clarify some of these points????

  5. #5
    Join Date
    1st November 2005 - 08:18
    Bike
    F-117.
    Location
    Banana Republic of NZ
    Posts
    7,048
    Quote Originally Posted by Crisis management View Post
    Possibly worth a bit of a look at more closely Swoop,

    Do we have anyone on the site that has a more "expert" opinion than mine that can clarify some of these points????
    That is the basic idea... to see if we have any members with more experience/knowledge about the structure and organisation required.

    Yes, I believe it will need to be administered correctly, but if we can make it happen...
    TOP QUOTE: “The problem with socialism is that sooner or later you run out of other people’s money.”

  6. #6
    Join Date
    1st November 2005 - 08:18
    Bike
    F-117.
    Location
    Banana Republic of NZ
    Posts
    7,048
    Well, the relevant info is here:

    http://www.charities.govt.nz/

    Has anyone been involved with this before?
    TOP QUOTE: “The problem with socialism is that sooner or later you run out of other people’s money.”

  7. #7
    Join Date
    30th August 2006 - 21:44
    Bike
    Triple Delight
    Location
    Mangakino
    Posts
    7,040
    I spent a few years on the Board of Trustees for The Camp Bentzon Chraitable Trust. It was established to administer the estate of a wonderful man who left his property on Kauau Island to the children of NZ. What basically has to happen is a constution has to be developed that meets the criteria to be registered as a charitable trust. There are some specific words that have to be included to define what would happen to the assets of the Trust should it ever be dissolved.

    This trust was formed as a not for profit incorporated society and then registered with IRD as a charity. We had to be registered for GST, and file an annual tax return.

    Interesting concept forming a KB Charitable Trust. There would have to be meetings to thrash out exactly what the constitution would say. It would involved public meetings to adopt a constitution, elect officers and a committee. There would be expenses to meet, legal input required, mind you I am sure someone on here could act in a probono capacity. Food for thought.
    Quote Originally Posted by Gubb View Post
    Nonono,

    He rides the Leprachhaun at the end of the Rainbow. Usually goes by the name Anne McMommus

  8. #8
    Join Date
    13th June 2006 - 12:47
    Bike
    DRZ400
    Location
    Wanaka
    Posts
    280
    I have registered a couple of my clients as charities and it is quite an exercise. First of all you need officers (senior mods?) then there needs to be a consittiution that needs reference to charitable means. You need to be able to prove that what you are doing meets the terms of charitable means etc.

    It could be possible to do it but basically KB would need to become an incorporated society of have some type of legal status (assuming it hasnt any already??). I would be keen to help out if need be .....

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •