Nikau Foundation has joined forces with Wairarapa nurses to secure a sustainable funding stream for their professional development. The Wairarapa Nurses Educational Trust was established by a group of nurses in 2008 to support training opportunities. Looking for a way to grow the fund, Wairarapa NET are handing over the reins to the Nikau Foundation. Nikau will manage the existing funds and ensure the original purpose is honored. The Wairarapa NET and Nikau Foundation expect to grow its capital from $35,000 to $50,000. This will be done so quickly thanks to people in the community who want to “give where they live.”
Former Trustee Helen Pocknall explained “The handover will relieve us of all administration and compliance activities and will almost double the returns to the community.”
Nikau Foundation launched the Wairarapa District Endowment Fund in 2016 and is seeking founder donors to bring this fund up to the $75,000 threshold in order to make annual grants to the Wairarapa Community in perpetuity.