PILLARS Inc, a registered charity with the Charities Commission has recently published a manual for organisations working with children of prisoners. “The charity (No. CC 23953), registered on 6 May 2006, has just completed “ground-breaking in-depth research on ‘A Study of Children of Prisoners’ in New Zealand. The research [which took more than two years to complete], looked at the impacts of arrest, sentence, and imprisonment of a parent on the children. A core goal of the project was to understand the situation and needs of the children of prisoners, so that the cycle of crime for the next generation can be stopped, and to bring down prisoner numbers by reduction in crime.” (Challenge Weekly, 3 October 2011, p. 3). [Read more…]
Why did EnergySmart Ltd – a registered charity – go bust?
Hutt Mana Charitable Trust [a registered charity with the Charities Commission] could end up losing $2.5 million over the liquidation of EnergySmart [Ltd] and the sale of its [Lower Hutt] Railway Ave building.
A preliminary creditors’ report by liquidators Shephard Dunphy records an estimated shortfall of assets over liabilities of $1.63 million.
The creditors’ list runs to more than three pages.
Questions are being asked why a company with 11 per cent of the insulation and energy efficiency retro-fitting market under the Government’s Warm Up NZ subsidy scheme, and with tax-free charitable status, went bust.
http://www.stuff.co.nz/dominion-post/news/local-papers/hutt-news/5763872/Why-did-EnergySmart-go-bust Hutt News 11 October 2011 [Read more…]
Why did a Hutt Mana Charitable Trust-owned company go bust?
Investment Proves far from smart – Hutt News – 11 October 2011
EDITOR’S VIEW: Local people deserve answers on why a Hutt Mana Charitable Trust-owned company with a good market share and tax advantage went bust.
According to liquidators, EnergySmart’s assets won’t cover an estimated $1.63 million in liabilities.
There’s a three-page list of creditors, and likely to be the end of that line is the trust, which chairman Ian Hutchings admits might have to wave goodbye to the thick end of $2m.
ttp://www.stuff.co.nz/dominion-post/news/local-papers/hutt-news/5763871/Investment-proves-far-from-smart [Read more…]
Three Energy Smart companies – all registered charities – in liquidation
A major player in the Government’s home insulation scheme has been put into liquidation by the directors of the Hutt Mana Charitable Trust – a registered charity with the Charities Commission, leaving a trail of more than $1.6 million in outstanding bills.
Three limited liability companies that are charities registered with the Charities Commission, were put into liquidation on 19 September 2011: EnergySmart Ltd, EnergySmart Distributors Ltd and EnergySmart Retrofitting Ltd. They are service providers involved in the supply of subsidised home insulation and heating and because they are registered with the EECA (Energy Efficienct Conservation Authority), they can access sizeable government subsidies.
EnergySmart Ltd, a Wellington-based company, recorded a $13.648 M gross income in the last financial year (ending 31/12/10) and of this, $2.715 M was spent on salaries and related expenses. Its recorded total liability for the financial year ending 31 December 2010, as recorded on the Charities Commission website, was $4,631,147. A net deficit of $821,018 was recorded for income over expenditure.
The Liquidators have estimated that once all the value of all Energy Smart’s assets have been realised, it will still have a shortfall of at least $1,634,335 – money owed to its creditors (largely suppliers of insulation product). However, this is clearly a very conservative estimate of its total debt and does not take account of any debt claims by unsecured creditors. [Read more…]
Donate Telecom’s aborted rugby world cup abstinence campaign to Family Planning
In its media release today, Family First NZ, a registered charity with the Charities Commission, is calling on Telecom NZ to donate its aborted “corny” rugby world cup promo abstinence campaign – to the New Zealand Family Planning Association Inc. (FPA) to be used in its nationwide school sex education programmes. The FPA was registered as a charity with the Charities Commission on 13 September 2007 (Charity Ref. No. CC11104). Its stated mission is “To promote a positive view of sexuality and to enable people to make informed choices about their sexual and reproductive health.”
The Family First Media Release states:
Make It Family Friendly, Telecom
Family First is welcoming Telecom’s decision to cancel its rugby world cup campaign.
“The campaign was always destined to fail because it was corny and not family-friendly,” says Bob McCoskrie, National Director of Family First NZ.
“The All Blacks fan club is made up of children and families, and any campaign needs to involve all ages and be family friendly.”
“The best thing to do with this campaign is to give it to the Family Planning Association and ask them to use it in schools with the sex ed programmes.”
Family First is encouraging Telecom to find a family friendly campaign that all of the kiwi family can participate in.
ENDS