We’re a generous bunch. According to the CAF (Charities Aid Foundation) World Giving Index, New Zealand is the world’s third most generous country, behind the USA and Indonesia. But while that’s a terrific achievement on anyone’s terms, not-for-profit organisations are facing big challenges.
Factors such as the rising cost of living, high housing costs, and prolonged inflation mean that many New Zealanders are struggling to donate as often, or as much, as they would like to. At the same time, the global pandemic and its after-effects have placed additional demands on the not-for-profit sector to deliver a range of services – while causing the cancellation of many regular fundraising events and activities.
That’s the bad news.
The good news is that Kiwis with money to invest are increasingly bridging the gap and showing a growing interest in philanthropy. What’s more, they’re bringing a fresh perspective and innovative approach to tackling environmental, educational, medical, and social problems. The traditional way of thinking about philanthropy as purely financial is shifting.