News

New Million dollar Fund Established

A Named Endowment fund has recently been established with capital and compound interest to be a million dollar fund within the next five years.

It was for ease of administration that the donors decided to use Nikau Foundation to administer their fund. This means they won't need to worry about maintaining their own separate legal charitable trust, with all the administrative and decision making this required.

"We are at that stage in our lives when we wish to simplify things and just felt that establishing our fund with Nikau took the burden of running it off our shoulders. Nikau does all the work," Kevin and Julia O'Connor said. "We also came to a decision to focus on the Wellington region, where we've spent all of our lives, rather than seekingt o achieve a national focus. We know that Nikau Foundation has the knowledge of the region to assist us in directing future grants in the most effective manner."

Kevin would be happy to discuss the thought process they went thorugh in reaching this decision with anyone who may have similar feelings about the region where we live.

"We make a living by what we earn, we make a life by what we give."

Winston Churchill

 

Last day for Tindall Foundation Grant Applications is 31 August 2010

Nikau Foundation is a funding manager for the Wellington region for The Tindall Foundation.

We are now accepting applications for these grants and will continue to accept these until 31 August 2010. Successful applicants will be advised by 30 November 2010.

For details of criteria and process please click on the link.