Charitable Trusts

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“The Wikipedia of Law”

Charitable Trusts

Administration of Charitable Trusts

Charitable Trusts in New Zealand

New Zealand has 1 registered charity for every 176 people.  By contrast this figure is 1 for every 300 in the United States, 1 for every 344 in the United Kingdom, 1 for every 435 in Canada and in Australia 1 for every 470 people.  However, note that where possible these figures are based on registered charities and there are other figures available for Australia that suggest there could be as many as 1 charity in total (including registered and un-registered) for every 38 people in Australia.

What these figures indicate is that New Zealanders’ love affair with trusts seems to be mirrored with charities.  Although not all charities are trusts (just over half of the registered charities are societies) arguably the same facility that has lead to New Zealanders’ adoption of trusts also applies with societies.

See Also

Trust Registration
Should Trusts file income tax returns to the IRS?
Trust Taxation

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