ON THIS PAGE

Sub-Committees of the Board of Trustees and Investment, Trustee Appointment and Grant-Making Policy documents.

SUB-COMMITTEES OF THE BOARD OF TRUSTEES

Sub-committees have been established to enable work to be progressed outside regular board meetings.
Sub-committees make recommendations for ratification by the full board of Trustees.

Audit, Risk & Investment Committee

Richard Caughley
Robert Cross
Tim McGuinness (external)
Chris Milne
Kevin O’Connor (chair)

Borrin Committee

John Allen
Richard Caughley (chair)
Susan Hornsby-Geluk
Liz Koh
Chris Milne
Louise Parkin (ex officio)

Executive Performance & Renumeration Committee

Susan Hornsby-Geluk (chair)
Liz Koh
Chris Milne

Grants Committee

Adrienne Bushell (ex officio)
Jack Fletcher
Thomas Maharaj
Chris Milne
Pancha Narayanan (chair)
Louise Parkin (ex officio)

Marketing Committee

Robert Cross
Susan Hornsby-Geluk
Chris Milne (chair)
Pancha Narayanan

Professional Advisors Committee

John Allen
Ian Cassels
Richard Caughley (chair)
Robert Cross
Susan Hornsby-Geluk
Greg Kelly
Liz Koh

Trustee Appointments Committee

Richard Caughley
Liz Koh
Chris Milne (chair)
Kevin O’Connor

Poem Sculpture on Wellington's Waterfront
Investment Policy

Nikau Foundation’s Endowment Funds are invested conservatively while being consistent with deriving a reasonable return to provide sufficient income to allow grants to be made. Investments are made across multiple investment classes and are managed through an investment management mandate with Macquarie.

See: Nikau Foundation Investment Policy (20 April 2015)

Also:  Nikau Foundation Responsible Investment Policy (August 2016)

 

Trustee Appointment Policy

Nikau Foundation is managed through a Board of Trustees who are prominent and respected Wellingtonians with a wide range of skills and experience.  The Trustees have been drawn from the business, legal and accounting professions as well as local authorities throughout our region.

It is essential to have a Board with integrity and ethics of the highest level and a rigorous process has been adopted to ensure that the quality of our Board members is maintained.

See: Nikau Foundation Trustee Appointment Policy

Grant Making Policy

All grants made by Nikau Foundation must be recommended by a Grants sub-committee and approved by the full Board.

Grants will be made for the benefit of the citizens of the Greater Wellington Region and will be guided by the wishes of the donor of the respective funds where they have nominated their preferred charities.

Where discretion has been left with the Nikau Foundation Board consideration for grants will be given under the broad headings of Health, Education, Environment and Culture.

See: Nikau Foundation Grant-Making Policy