Farmers to 'Meat the needs of Christchurch' by donating meat and wool
Released 03 Mar 2011
From next week, New Zealand's meat and fibre farmers will be able to make charitable donations for Christchurch if they supply a participating meat processor and/or Elders Primary Wool.
"All farmers recognise the huge national scale of this event and meat and fibre farmers want to do our bit to help," says David Rose, Federated Farmers Adverse Events spokesperson.
"That's what 'Meat the needs of Christchurch' is all about.
"It's a means for farmers when consigning wool or drafting stock, to send an instruction to a participating company to direct some of their income to Christchurch via our Adverse Events Trust.
"Federated Farmers' Adverse Events Trust is a registered charity
(CC46245) and every donor will receive a receipt from the Trust, just as soon as we get their details from participating companies.
"Many meat and fibre farmers have been doing it tough in recent years, but with things at last looking up for us, this is our way to support fellow Kiwis in need
"It's also the easiest way for many farmers to make a donation for Christchurch as there are no cheques to write or a stock drive to organise.
"Farmers, if they supply a participating company, can simply nominate a given number of animals or the value of animals/wool to be donated. It's the simplest way to re-direct a portion of their income to a good cause in a business as usual way.
"Every single dollar donated for Christchurch via Federated Farmers'
Adverse Events Trust will go to Christchurch. The Adverse Events Trust will re-distribute all donations to reputable charities, like the Salvation Army and the Red Cross, who are doing such fantastic work on the ground.
"For some farmers, this is their chance to give back to the city for the support they've received.
"One High Country farmer told me that in 1992, around three dozen Christchurch residents voluntarily spent two days snow raking on their property. They sadly never left their contact details so this farmer hopes he will now be able to return the favour.
"I'm inspired by the enthusiasm of our meat and fibre farmers to Meat the needs of Christchurch with this pan-industry approach,"
Mr Rose concluded.
Procedures for farmers wishing to donate to the Adverse Events Trust, a registered charitable entity (No CC46245) administered by Federated Farmers:
1) When farmers are consigning wool or drafting stock to participating companies, please kindly advise company managers the number or value of animals/wool to be donated.
Meat companies helping to Meat the needs of Christchurch:
- Alliance Group Limited
- Silver Fern Farms Limited
- CMP/ Riverlands
- Wallace Corporation
- Greenlea Premier Meats Limited
- Blue Sky Meats NZ Limited
Wool companies helping to Meat the needs of Christchurch:
- Elders Primary Wool
2) The company will deduct the value donated from the 'buyer created invoice' they prepare on your behalf.
3) The company will then deposit the value of the animals donated into the Adverse Events Trust bank account 06 0594 0028181 00 (National Bank Hamilton).
NB: GST will not be applied as donations are exempt.
4) Participating companies will forward a summary of the names and addresses of donor farmers and the value of individual donations received to Federated Farmers Hamilton office.
5) Federated Farmers will post back to each donating farmer a receipt in the form of an official Adverse Events Trust letter, which will contain all the information required to be fully compliant with all the Inland Revenue's requirements for claiming back an appropriate tax credit.
NB: Individuals, including individuals who are partners in a partnership), companies and trusts can obtain a tax benefit from donations. Individuals obtain the benefit by way of a refundable tax credit, whilst companies and trusts obtain the benefit by way of a tax deduction for the amount donated (but only to the extent of the companies net income).
