Nikau Endowment Funds have specific charitable purposes, as defined by the individual donors. Once established, the capital in each fund is preserved or grown gradually, and income is distributed in accordance with the wishes of the original donor. The charitable purpose established continues in perpetuity.
In addition to the endowment funds below, Nikau also has a Community Fund where the income is distributed to any charitable purpose, with the recipients determined by consideration of the broad unmet needs in the community. Donations to this fund a very welcome and, as with specific endowment funds, the fund exists in perpetuity.
Applications are open once a year, usually closing at the end of June. Please see Grants for more information about applying for funding.
The following are the current named endowment funds managed by Nikau Foundation in alphabetical order.
The Alistair Robb Numismatics Fund
Established in February 2014 the donor’s objectives were to generally assist and promote the study of all aspects of numismatics, especially coins, bank notes, medals and tokens to all interested individuals in New Zealand.
Barbara Milne Endowment Fund
Established by Barbara Milne in 2003, this fund was transferred to Nikau in February 2013. Income is to be applied at the trustees’ discretion, with the following preferred objectives to be preferred: Conservation and Environment projects of a general nature, favouring the Royal Forest & Bird Protection Society of NZ and Nga Manu Nature Reserve and projects benefiting the arts, particularly music. The following art related charities are favoured: NZ Symphony Orchestra, NZ Opera, Wellington Operatic Society, Orchestra Wellington, Chamber Music NZ.
The Bice Tennyson Endowment Fund
Established by the donor in February 2014 this fund has the objectives of protecting the habitat of New Zealand’s endemic species and assisting handicapped people.
The Blake Fund
Established in March 2016, this fund was set up by Barbara Blake and family to support organisations that contribute to the health and well-being of young people, with an emphasis on young women (15-25), Māori, Pacific Island, migrants and LGBT communities.
Elma Coxon Trust
Established in August 2007 to honour the settlor’s sister. Whilst the fund has been established for general charitable purposes, beneficiaries have been linked with the donor’s interest in youth, education and the arts.
The Francis & Dianne Small Endowment Fund
Established in August 2014, this fund was established by the donors for the relief of poverty and the advancement of health and education and any other matter beneficial to the community of the Wellington region, with an emphasis on the Wellington City Mission and the Salvation Army.
The Friends of Old St Paul’s Endowment Fund 2015
Established in June 2015, this fund is for the benefit of the historic Old St Paul’s Church in Wellington. Donations to this fund are encouraged.
The Jessie, Elma, Adam Coxon Endowment Fund
Established in June 2014, this fund was set up by Adam Coxon for the relief of poverty, the advancement of education or religion or any other matter beneficial to the community.
The Judith Clark Memorial Fund
Established in August 2014, this fund was established in memory of Judith Clark in support of the education of both young musicians and music teachers.
The Kāpiti Community Enterprises Fund
Came to Nikau in February 2014 by transfer from a private charitable trust. The purpose of the fund is to assist and promote the interests of individuals permanently residing in the Kāpiti area who have mental health and developmental difficulties, with a focus on assisting the beneficiaries into employment and educating the public about the positive contribution that these people can make to their workplace and the community.
Kevin and Julia O’Connor Endowment Fund
Came to Nikau in March 2010 by transfer from an already-existing private charitable trust. The income is to be distributed at the Trustees’ discretion. The following organisations to be considered: The Roman Catholic Church for promotion and assistance with their charitable objectives and social works, Wellington Free Ambulance, Royal Wellington Golf Club Inc.
Laurie Bushell Endowment Fund
Established in July 2007 in memory of the donor’s husband. Income is to be applied to the arts in general, particularly music and fine arts, including an award for portraiture and drawing.
Mike & Margaret Olsen Endowment Fund
Established by the donors in February 2015, this fund supports youth leadership and youth management training.
The National Collective of Independent Women’s Refuges Endowment Fund
Established in 2014 to benefit women’s refuges. Donations to this fund are encouraged.
Nikau Community Fund
Nikau Foundation is aware of many unmet needs in the community and this fund provides the flexibility for Nikau to contribute to what it perceives to be the greatest needs. Donations of any size are accepted. As with all our funds, any donation adds to the capital of the fund and will generate income in perpetuity.
Nikau Kāpiti Endowment Fund
June 2013 saw the establishment of Nikau’s first ‘district fund’. For Kāpiti residents the Kāpiti Fund gives them a vehicle to express their appreciation of the community where they have lived, worked, played and perhaps brought up a family. Nikau district funds are for those people who would like to support a local community more narrowly defined than the ‘Wellington region’. Donations of any size are accepted into the fund, which has a general charitable purpose supporting charitable purposes within the Kāpiti area. Read more.
Pegasus Endowment Fund
Established March 2011 for general charitable purposes. The following areas are favoured by the donor: Arts & culture, environment and conservation, education and youth and animal welfare.
Robson Family Fund
Established by Marjorie Robson in April 2015, this fund supports general charitable purposes, with an emphasis on young people, medicine, sport and the arts.
Wellington Youth Cricket Development Fund
This fund has been established to support the development of youth cricket in the Wellington region. Donations to this fund are encouraged
Willscott Endowment Fund
Came to Nikau in March 2008 by transfer from an already-existing private charitable trust. The income is to be applied for general charitable purposes, with the following charities favoured, in accordance with the historical support they have received from the Willscott Trust: NZ School of Dance, the Samaritans of Wellington, and the Aubert Childcare Centre.
The Zac Pearson Endowment Fund
Established in September 2015, this fund was set up by Zac Pearson through his will. The fund benefits Makara Peak mountain biking and track maintenance, Karori Scout groups, Western Suburbs RFC, The Life Flight Trust, The Wellington Free Ambulance and general Karori initiatives benefiting youth.