The Community Foundation


 

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The Community Foundation Hawkes Bay


 



All of your contribution can be allocated or you can decide that only the interest be used.


An unrestricted grant allows the foundation to address changing and sometimes unforeseen community needs.


Unrestricted grants can be pooled at times with accumulations from other people's contributions, creating a larger pool for a larger project.


A Named Endowment Fund, managed by The Community Foundation (HB), has advantages over a separately created private charitable trust. It provides enduring trusteeship.


In the long term a single trust is expensive to manage properly. It is cost effective where a number of Named Endowment Funds is being managed under one roof.


You may place a specific time frame on a designated fund. In this case, provision is necessary for reversion to another field of interest if the organisation ceases to exist.



It's your choice Print E-mail

  • You can build a permanent legacy, a named endowment fund, a lasting memorial to you and your family.
  • You can choose a field of interest where the fund you establish benefits an area of your specific interest such as the arts, education, health, environment, employment, social services, youth or elderly.
  • We can help you establish an advised fund, where you or your company make contributions at any time and advise the foundation on grants to be made from the fund. The choice of charities may vary according to your wish.
  • Another option is a designated fund whereby you specify a community organisation that is to benefit.
  • You can choose a project fund – established for specific community work.
  • Similarly, there’s a scholarship fund – for education and skill development.
  • Or you can make an unrestricted grant, the most flexible.
For help with a legacy,  click here.
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