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What happens if my designated charity ceases to exist?

If this occurs during your lifetime, we will work with you to nominate a new beneficiary for your Fund. If a charity ceases after your passing, Taranaki Foundation will endeavour to identify another organisation that operates within the same charitable purpose as the original beneficiary. Where this is not possible, Taranaki Foundation will allocate the income earned on these Funds to priority needs in the region through the General Taranaki Fund.