3 March 2020
More people than ever are motivated to give back to the community where they live, work and raise a family. That’s why when Trust Porirua chose to transfer their $5.5 million fund to Nikau Foundation to manage in October 2018, we made a commitment to ensuring maximum returns to the community.
Because of our economies of scale, our low fee structure and dedicated voluntary team, we are delighted to report that, under this new fund, over three times has much as been returned to the Porirua community this financial year. And, even with a challenging market outlook, we are committed to growing the fund over time, maximising returns and ensuring we can support a wide range of impactful initiatives for the future.
Conserving our natural heritage, cultivating creativity, supporting youth and the health and wellbeing of our communities, we are working hard to ensure we will be there for the Porirua region, now and in the future. A vital asset in shaping the city’s future, to grow the fund we are connected into our community and working with local people for maximum impact.
Our team of local Porirua volunteers help us to grow our reach, to build profile and to connect us into the great and impactful work that is going on. They help us to deepen our engagement across the region.
In 2019 we received over 70 applications for support from the Nikau Porirua District Fund. With the guidance of our volunteers, and the additional support of other donor funds, some of the 19 projects we funded include:
We know that there are many more incredible organisations working across the region making positive social change. If you are passionate about Porirua and the great initiatives happening in this region you can be a part of the future by:
Anyone can get involved and give their talents and resources to growing this immensely valuable asset for the region. Get in touch with us at Nikau Foundation if you’d like to know more.
See this story about the Nikau Porirua District Fund featured in Charities Services most recent newsletter and their blog post advising options to charities on winding up (including the option of taking a look at your local Community Foundation, which can enable a charity's purpose to continue on).
Our second five-year strategic term is now underway, which has an endowment fund target of $80 million by 2025. We are on track to disburse close to $1 million per annum from next year...Read more
If there is something we have seen growth in lately it’s been the interest of businesses in giving back to their communities in a meaningful way...Read more
With the end of the fiscal year right around the corner, many people like to consider their giving plans. At this time of year we remind generous locals that a donation to the community before 31 March will be eligible for a 33.3% tax credit...Read more