New Zealand based donor-advised fund The Gift Trust has accepted an invitation to become the New Zealand member of global cross-border giving network Myriad Alliance.
Formed in 2021, Myriad connects donors with an established global community of peers and partners who possess deep knowledge of causes and beneficiaries, as well as the legal, fiscal, and cultural contexts vital to turning good intentions into desired impact. Myriad provides for its members a seamless legal and financial network, providing expertise that instils confidence and transparency for both donors and beneficiaries.
In 2023 alone, the Myriad Alliance collectively granted over US$340 million to charitable programs in 113 countries and across a wide variety of topics, including education, the arts, disaster response, health services, climate change, and much more.
Donors at The Gift Trust have already begun to extend support through Myriad with our first tranche of funding heading to Gaza through a Myriad pooled fund. Our donor is supporting three organisations working in Gaza and on the Gaza/Egypt border, ensuring medical and humanitarian aid reaches the local population. As with all international giving through The Gift Trust, New Zealand based donors are eligible to receive tax benefits on their giving to this fund.
The Gift Trust expects that this will be the first of many stories of giving with the aid of Myriad, working to share funds across borders in the event of disaster and on a day to day basis.
“Corporations, family offices, wealth managers, charitable organisations, and individuals have relied on our members over the years for advice, implementation, and operational management. We help them to turn goodwill into positive impact for people and places around the world,” said Birger Stamperdahl, CEO of the Myriad Alliance. “By strengthening the Alliance, we are substantially expanding our collective capacity to identify opportunities for cross-border collaborations and for our members to provide the most efficient services for grant-making.”
Members
The Alliance is currently made up of seven members:
- Myriad Europe, a new service for the continent’s global philanthropy launched by Belgium’s King Baudouin Foundation (KBF), a founding member of Transnational Giving Europe;
- The Gift Trust of New Zealand, the leading national donor-advised fund with ties to the Pacific Islands and beyond;
- Give2Asia in the U.S., the global leader in philanthropic grantmaking into China;
- Give2Asia Foundation in Hong Kong SAR, the hub for Asia’s regional philanthropy with close connections to China’s mainland;
- Myriad Australia, formerly Give2Asia Australia, with its global capabilities to fund poverty alleviation with private donors;
- Myriad Canada, formerly KBF Canada, partnering with Canadian funders for projects worldwide; and
- Myriad USA, formerly KBF USA, now provides a global footprint for US donors reaching out to the world.
The members of the Myriad Alliance offer:
- International philanthropy services for donors, including available local tax benefits.
- Streamlined funding platforms for charities across six continents to reach international donors.
- Expedited and direct campaign funding to trusted local organisations through the Myriad Alliance’s growing DisasterLink response network.
- An extensive global network for corporations to pursue philanthropic goals and engage with communities.
- Estate planning services, enabling the creation of bequests with international reach to ensure that legacies endure.
- Ongoing exchanges of ideas and inspiration, bringing together donors, charitable organisations, and philanthropic foundations to share best practices.
