# Generous Ventures Trust

**Charities Register number:** CC50391
**Status:** Registered
**Registered since:** 2014-04-01
**Sector:** Community Development
**ICNPO group:** Development and Housing
**Region:** Wellington
**NZBN:** 9429043203956
**IRD donee status:** yes — donations may qualify for a tax credit

## Purpose

Generous Ventures envisions a future in which more profit is used for good and businesses have long-term benefits for Aotearoa. To achieve this, Generous Ventures is challenging traditional ownership and governance structures that focus solely on maximising profit by driving more steward ownership models in Aotearoa. Generous Ventures is in the process of becoming a steward of Thankyou Payroll, a company offering payroll software to businesses in Aotearoa. Over the next six years, it will transition to full ownership, at which point profits can be redistributed for social good. For now, Generous Ventures is focused on promoting steward ownership, supporting businesses in making the transition, and empowering future stewards.

## CharityData rating

- **Not rated** — Liabilities exceed assets, which the scoring template cannot represent fairly.
- **Status code:** `structural_negative_equity`
- **Flags raised by the methodology:** none

Ratings are an analytical view computed from this charity's own filings to the Charities Register, using a published methodology: https://charitydata.co.nz/charity-insights/methodology. They are not advice and not a statement about any individual.

## Latest annual return (year ended 2025-03-31)

- **Total revenue:** NZ$360
- **Total expenses:** NZ$946k
- **Surplus / deficit:** not disclosed
- **Total assets:** NZ$945k
- **Total liabilities:** NZ$2.21M
- **Net assets:** NZ$-1.27M
- **Donations:** NZ$360
- **Paid staff:** 1
- **Volunteers:** 0

All figures are as filed by the charity with Charities Services, in New Zealand dollars.

## Filing history

| Year ended | Revenue | Expenses | Surplus/deficit | Net assets |
|---|---|---|---|---|
| 2025-03-31 | NZ$360 | NZ$946k | not disclosed | NZ$-1.27M |
| 2024-03-31 | NZ$855k | NZ$1.47M | not disclosed | NZ$-606k |
| 2023-03-31 | NZ$4k | NZ$3k | not disclosed | NZ$41k |
| 2022-03-31 | NZ$36k | NZ$13k | not disclosed | NZ$40k |
| 2021-03-31 | NZ$67k | NZ$15k | not disclosed | NZ$48k |
| 2020-03-31 | NZ$109k | NZ$15k | not disclosed | NZ$68k |
| 2019-03-31 | NZ$102k | NZ$13k | not disclosed | NZ$30k |
| 2018-03-31 | NZ$88k | NZ$11k | not disclosed | NZ$42k |
| 2017-03-31 | NZ$60k | NZ$4k | not disclosed | NZ$33k |
| 2016-03-31 | NZ$30k | NZ$273 | not disclosed | NZ$6k |

## Governance

- **Officers on the register:** 3 current (21 including former)
- **Chair recorded:** no

Individual officers and trustees are not listed here. Their names are on the public Charities Register (https://register.charities.govt.nz/CharitiesRegister/ViewCharity?accountId=CC50391) and on the charity's profile page.

## Data freshness

- Register details: as of 2026-10-01
- Financials: last updated 2026-05-29
- Rating: computed 2026-10-01
- This document generated: 2026-10-04

Figures are as filed. A charity that has filed since the dates above may have newer numbers on the Charities Register.

## More data

- Charity profile: https://charitydata.co.nz/charities/generous-ventures-trust
- Structured facts (JSON): https://charitydata.co.nz/api/v1/charities/generous-ventures-trust/facts.json
- Short summary: https://charitydata.co.nz/api/v1/charities/generous-ventures-trust/summary.md
- Rating methodology: https://charitydata.co.nz/charity-insights/methodology
- Official register entry: https://register.charities.govt.nz/CharitiesRegister/ViewCharity?accountId=CC50391

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Published by [CharityData NZ](https://charitydata.co.nz). Canonical: https://charitydata.co.nz/charities/generous-ventures-trust. Primary source: Charities Services (Ngā Rātonga Kaupapa Atawhai), Department of Internal Affairs. Analytical scores are CharityData's own, computed under a published methodology, and are not advice. Generated 2026-10-04T02:32:24.525Z.