Browsing public site

Forsyth Barr donates $200,000 to support two outstanding community groups

/

As everyone adapts to life in isolation, it’s clear that while the impact is widespread it is not being evenly felt – there are some New Zealanders who have been seriously impacted, have lost their jobs or income, and are struggling.

There has been a significant increase in the number of people relying on food parcels to feed their families. This is forecast to become a much bigger problem in the coming weeks.

Recognising this urgent community need, Forsyth Barr has made donations to The Foodbank Project and KiwiHarvest.

These organisations are doing valuable work ensuring that people who are severely-impacted are supported and have access to food parcels. 

  • The Foodbank Project works closely with the Salvation Army, and we join Countdown and Zuru as supporters (Zuru is matching dollar-for-dollar public donations to the initiative). Seven Sharp covered the work of The Foodbank Project, and Zuru and Forsyth Barr's involvement, in a story here.
  • KiwiHarvest is a national food rescue charity that collects food before it goes to waste and distributes it to those in need.  KiwiHarvest is also chaired by Forsyth Barr Chairman, David Kirk.

The $200,000 donation combines a donation Forsyth Barr decided to make as a business along with the proceeds from brokerage generated on institutional transactions undertaken on Thursday, 2 April (kindly supported by Forsyth Barr’s institutional fund manager clients).

We applaud all those who are already supporting the many organisations nationwide supporting our communities. We encourage anyone who is in a position to do so to consider joining us in donating to The Foodbank Project or KiwiHarvest.

As Forsyth Barr, we speak proudly of being a New Zealand-owned business. We are fortunate to be in a position to support two great organisations helping parts of our communities that are struggling.

Forsyth Barr donates $200,000 to support two outstanding community groups