Welcome to ESF. We’re here to help you give efficiently and effectively to help save our over 6,500 endangered species.
We invest, protect and grow your gifts so that you can support your favourite endangered species for years to come. We are flexible and can make a Fund to accommodate your charitable and conservation needs.
The Endangered Species Foundation of New Zealand is a registered charitable trust, so tax benefits will accrue to donors*:
- Individuals will be able to claim a tax credit of one-third of their donation with a maximum credit not to exceed their gross income for the year in which a claim for the tax credit is made. There may also be ways to spread gifts over time to gain maximum tax benefits.
- Companies can receive a deduction for donations made to ESF. The deduction is limited to the amount that would be the company’s net income before taking into account the donation deduction.
* Please note that any tax implications should be discussed with your tax advisor.
Please feel free to contact us to talk about your vision for saving New Zealand’s rarest of the rare and how you can begin making a difference. Everyone at ESF is passionate about this work and will be happy to answer any queries.
How to establish a fund; Six types of funds
For ESF to reach its objectives it needs funding. The Trust Board has targeted raising an ENDOWMENT FUND of $30 million from individuals and corporates (in New Zealand and overseas) using supporters and an Ambassadors network. The ENDOWMENT FUND investments are administered by a prominent fund manager, under the watchful eye of the Trust Board.
Once the target is reached the annual investment income should be $1.5 million per year. A sustainable income such as this overcomes one of the largest problems in the conservation of endangered species: ongoing financial resources. This on-going income from the ENDOWMENT FUND will be used to fund projects aimed at saving “the rarest of the rare” over the perpetual term of ESF.
The ESF trust deed gives the Trust Board a great degree of flexibility. The ENDOWMENT FUND also enables all donors to band together and in combination make a valuable contribution to conservation.
ESF would like to help develop innovative schemes with donors, taking into account the amount of the donation/sponsorship and the interests of the donors, such as specific species or regions.
It is anticipated that significant funding will be obtained from various New Zealand regions. Funds raised in Otago, for example, would be expected to be spent on saving endangered species in the Otago area.
ESF hopes to establish various REGIONAL FUNDS along the same lines as the ENDOWMENT FUND.
Donors can establish a NAMED FUND by donating at least $50,000 to their fund. Donors can also establish a FUTURE NAMED FUND where, over time, by contributing over several years it becomes a full NAMED FUND.
Those who establish NAMED FUNDS have the option of having their Fund used as part of ESF’s general activities and where the income is distributed by the ESF Trustees where there is the most urgent need. Or it can be a stand-alone Fund with the donor being an advisory trustee during his or her lifetime and deciding which projects to support or indeed developing their own project.
ESF is delighted to have already been a beneficiary of such a Fund; The Pamela and Donald Paterson Conservation Fund which was established by a gift from Donald Paterson to be used in accordance with the wishes of himself and his late sister.
Donor Loan Fund
Some donors may wish to lend ESF a capital sum (cash and/or investments) with the income being available for ESF’s work.
Again, donors may specify particular projects to support or income can be distributed by the ESF Trustees to where there is the most urgent need. The income on such funds would then be used for general or specific purposes, as with the Named Funds, during the term of the loan, which will be repaid on an agreed maturity date.
A donor still retains the ability to gift all or part of the loan at any time and take advantage of the available tax credits.
Individuals, families and organisations may wish to remember a colleague or a loved one by setting up a charitable trust or foundation in their name to support good causes.
MEMORIAL FUNDS are a way to keep alive the memory of the person who has passed away and continue their philanthropic interests. Such a Fund could be set up with public contributions to memorialise the contribution made by a New Zealander.
All gifts to a MEMORIAL FUND in excess of $50,000 will be kept separate and administered in the same manner as a Named Fund.
Gifts under $50,000 will be credited to the ENDOWMENT FUND but the name or names of the person(s) would be memorialised on an HONOURS BOARD.
ESF can play a role in the handling of funds that are a requirement of the granting, by Government, of a consent for an activity that will have an effect on the environment. As an independent apolitical body, ESF can carry out the requirements relating to such mitigation. Such funds can therefore be held by ESF and either disbursed as agreed between the Government and the business or invested with the resulting income being used for an agreed project. Such funds would ordinarily be held in a specially designed fund.
Incorporating existing Charitable Trusts
From time to time, trustees of Charitable Trusts and Foundations seek a vehicle to take over the administration of their particular Trust.
ESF has the flexibility and ability to incorporate such Charitable Trusts and Foundations, where the objects are to benefit conservation in New Zealand. Such Trusts might be absorbed into the ENDOWMENT FUND or, if they are large enough, remain as an individual fund.
Leave a gift in your Will
Supporters are encouraged to benefit the saving of our wonderful and imperiled endangered species by leaving a bequest to ESF in their wills. Giving to ESF can be carried out in various ways. The easiest is by way of a simple gift for general purposes. This suits donors who wish to recognise their chosen charities and are happy for the charity to decide where funds are best served in the ordinary course of the charity's activities. Donors may however like to set up a specific fund either for the Foundation generally or for particular aspects of conservation management. The fund could be operated in the same way as mentioned above under NAMED FUND and MEMORIAL FUND. This allows donors to have considerably more say in how the fund would operate and who will manage it and advise the trustees.
Our legal name is THE ENDANGERED SPECIES FOUNDATION OF NEW ZEALAND.