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Bay of Plenty Region
Sunday, April 18, 2021
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Extra incentive to give back to the community before 31 March

The 2021 Acorn Foundation’s Give Back and Get Back campaign is underway, which highlights the benefits that giving back to the community can provide. Supporters can receive a 33.3% tax credit this year for donations before 31 March.

“Many people like to contribute to their favourite causes at this time of year and receive an immediate tax credit,” says Lori Luke, Acorn Foundation General Manager.

At Acorn, generous locals set up endowment funds to support causes in the community that are close to their hearts. The capital in the fund is invested in perpetuity, with a portion of the investment income distributed annually. Our donors support the Western Bay of Plenty in all sorts of ways, like:

    • funding scholarships for Outward Bound, Dale Carnegie, tertiary education and international travel;
    • providing excellence awards for fiction writing, performing arts, creative arts and sports;
      honouring family members who have died by supporting causes that would have been meaningful to them;
    • or by working with the Acorn Foundation to find just the right local cause to support.

In the end, people give to the causes that they value most; the 33.3% tax credit just provides a really nice incentive to act before 31 March.

For more information on how to give back to the community you love, visit
www.acornfoundation.org.nz

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