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How is the income from invested funds distributed?

Subject to investment returns, we aim to distribute 4 percent from each Named Fund as annual community grants in accordance with the charitable priorities as outlined in the donor Memorandum of Wishes.

A further 1 percent of the income is retained by Taranaki Foundation to cover our operating costs.

Any remaining income and capital growth is reinvested in order to grow each Fund — allowing them to continue in perpetuity.