We are here to fulfil your giving wishes, making it easy to give back or leave a legacy to the Taranaki Community. Our smarter giving model means that any donations received will last for generations. We pool and invest the charitable gifts of our donors, with the income earned going to back to local community groups as funding grants while the original investment continues to grow over time.
Although each Fund is monitored and accounted for individually, all capital is combined and managed by Taranaki Foundation in order to reduce costs and risks.
Our Investment Committee provides guidance to our Foundation Trustees. In turn they oversee our investment policy and appoint and supervise Taranaki Foundation’s specialist investment advisors, Craigs Investment Partners.
Craigs manages Taranaki Foundation’s investment portfolio (as well as those from several other community foundations across New Zealand); they are one of New Zealand’s largest full-service investment firms. The firm manages the funds in a socially responsible manner, using its in-house sustainability scores and assessing investments against a range of environmental, social and governance factors.
Capital from Taranaki Foundation Funds is invested in a diversified, balanced portfolio. It includes fixed interest, New Zealand, Australian and international shares and listed property investments. While Craigs plays a big role in our capital management, Taranaki Foundation continues to explore all reliable but more diverse investment opportunities.
Taranaki Foundation Funds are entirely donor-led and focused. The annual income earned from investments is used to make grants to the charities, groups and people our Funds have been established to support. A portion of the income is retained to maintain the real value of each Fund. Each year 1 percent of your invested capital goes towards Taranaki Foundation operating expenses.
Taranaki Foundation works with local funders and community leaders to identify areas of need throughout Taranaki. Our Distribution Committee oversees the granting of any unspecified Funds.
All Taranaki Foundation Trustees and committee members work as volunteer stewards, practicing Kaitiakitanga on behalf of the Taranaki community.
"By giving through Taranaki Foundation, your donation is invested and grown, continually earning to create a reliable, long-term funding stream that supports local causes that you care about, forever. We are grateful to Taranaki Foundation for partnering with us as our Local Allocation Committee."Sir Stephen Tindall - The Tindall Foundation