Group Funding Calculator
‘CommUnity Group Funding Calculator’ is an opportunity for you to estimate the amounts of money CommUnity might generate for your CommUnity Group. These calculations only refer to shopping when using a credit or debit card. All numbers you insert into the spaces below are your responsibility as what we have done is provide you with a platform for you to estimate/speculate the level of untagged funds you might generate for your CommUnity Group.
The boxes that are fixed and are ‘read only’ are based on statistics from NZ Statistics Survey 2019/2020
For example; for the year ended 30 June 2019, the average weekly expenditure for New Zealand households was $1,349. This is a net figure after deductions from sales, trade-ins, and refunds are accounted for.
- Total expenditure is broken down into 13 different expenditure groups. The first 12 are expressed as proportions of the total gross expenditure, prior to deductions from sales, trade-ins, and refunds. The largest proportions of average weekly household expenditure were:
- housing and household utilities – 24.8 percent ($344)
- food – 16.8 percent ($234)
- transport – 15.5 percent ($216)
All totals that transpire from the numbers you insert below are estimated funding values only and include GST.
For more information on the NZ stats used in the calculations, click on the link below.
How Is Group Funding Calculated?
Just a reminder as to how CommUnity works. CommUnity deposits 60% of the total amount raised from each CommUnity Members’ transactions at CommUnity Merchants into the CommUnity Group accounts as chosen by each CommUnity Member, These funds are untagged so the CommUnity Group can spend these funds as they want. These deposits are made each quarter and forever! All active CommUnity Groups can see the funding balances in real time on the CommUnity App or once logged into the group’s secure web portal at anytime.
The remaining 40% goes into ‘The CommUnity Fund’ where all money will ultimately go back to the community through an application process designed to cater for future projects or programs. CommUnity has the ability to fund up to 100% of the funding required for the successful project or program applicants. CommUnity will work alongside all other funding agencies to make your plans a reality. CommUnity helps with funding for annual operations and future programs or projects.
The below calculator only shows the potential funding generated for the 60% of the funds as outlined above
What people are saying about us
"I can see the vision of what CommUnity could be and I’m excited. A place where Kiwis back their neighbor to nourish their community.” – Josh, Sunny Nelson Real Fruit Ice Cream
"The arts is often seen as a bit of an indulgence which we know is not true. It’s actually a massive necessity for wellness in society and personal wellness so we’re really excited that people get the opportunity to share some of their goodwill and see it distributed amongst the community," Simone Andersen, The Incubator Creative Hub
“Living and working in a community, it’s been really important to find new and powerful ways to connect to our customers. Giving back to the community who support us everyday is really important to us and CommUnity allows us to do that in a really seamless way.” - Jessica and Brownyn Payne, Owners
"We are so excited to be part of the CommUnity group. Through coming on board, it is going to allow us to do greater. Whether this is by assisting women and families, in New Zealand, with finance or clothing - whatever the need, we love to give and the greater we can give the more impact we can have." - Anna Paterson – Founder / CEO, Everlasting
“Together with CommUnity, local businesses and the families in our community, we can all take a confident stride towards heaven - right here, today!” - Michael Loretz, Director, Fourviere NZ
"We’re so excited to be on the CommUnity platform because it allows us to get on with our work and be part of communities and help them." - Livia Esterhazy, CEO, World Wildlife Fund
As a group that relies on donations, Ocean Beach Kiwi Surf Life Saving Club is thrilled to have another platform to fundraise.
"As a national sporting organisation we're constantly looking regionally and locally to support our members. CommUnity is a way of us supporting commercially, at a local level, and our volunteers, at a local level. For a national body to have that umbrella outlook is very exciting" said Rowing New Zealand's Simon Peterson.
Providing clothing for New Zealanders doing it tough. In 2020 alone this not-for-profit kept close to 4,000 clothing items out of landfill by giving them a new life with those in need.
"A way for businesses and community groups to fundraise in the new technology era. It will raise money for causes you care about while you shop. So watch this space, you will be hearing more about it in the coming months!" - Tania Gibson, Greg District Mayor.
“When we opened Alpha Sports we knew we wanted to give something back to local charities, community groups & organisations... for Alpha Sports, this was really important. CommUnity gives us the platform to be able to do that, and more. How could you say no to giving back to your local Community... the same people that support us every day? Let’s do this!” - Mike and Dean, Alpha Sports
These incredible ladies are here to support people with Alopecia. NZ Alopecia is a place for Alopecia sufferers to learn more about their condition, to view new developments and to reach out and connect with others.