About the Foundation

Foundation North holds in trust for the Auckland and Northland communities an endowment, or putea, of over a billion dollars. This comes from the sale of the community’s shares in what was previously the Auckland Savings Bank. That endowment allows us to make millions of dollars in grants each year to not-for-profit groups in Auckland and Northland.

We are becoming a more strategic grant maker. What this means is that we are committed to ensuring that, while continuing our traditional community support funding, our focus will increasingly be on working in partnership with grantees and other funders to achieve projects of greater scale and impact  for the communities of Auckland and Northland.

With our funding we are aiming to create significant positive change through supporting innovative projects and practices.   To help organisations succeed we will prioritise additional support to assist selected organisations to develop their capacity.

 

Community Trusts Act 1999

Foundation North operates under the Community Trusts Act 1999. The purpose of this Act is to make provision for the continued operation of the community trusts that were established under the Trustee Banks Restructuring Act 1988 to acquire the shares in the capital of a trustee bank's successor company.

Download the Community Trust Act 1999 here.
 

Trust Deed 

Consolidated Amendments 1988 – 2007. The Foundation Deed for Foundation North, a foundation duly constituted under the Trustee Banks Restructuring Act 1988 (which has now been replaced with The Community Trusts Act 1999).

Download a copy of the Foundation deed as a pdf

Trustee appointments

Trustees are appointed to the Board for a four-year term by the Minister of Finance. You can contact the Department of Internal Affairs to find out more about nominations.

To find out more about Trustee appointments, contact Morgan Harrison, Ministerial Advice, Department of Internal Affairs. She can be contacted by email at Morgan.Harrison@dia.govt.nz

 

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