Trust Waikato in good shape for fu­ture

Matamata Chronicle - - Your Local News - MIKE BAIN

Trust Waikato de­liv­ered $11.6 mil­lion in the past fi­nan­cial year to sup­port ini­tia­tives in the Waikato.

Mata­mata groups re­ceived $57,250 in fund­ing spread across 12 com­mu­nity groups.

The trust made sig­nif­i­cant do­na­tion to­wards the Starfish So­cial Ser­vices Trust ($20,000),To­tara Springs Chris­tian Cen­tre ($15.000) and the Mata­mata Cro­quet Club ($10,000).

Other do­na­tions were re­ceived by Mata­mata Golf Club ($5000), Se­nior Net Mata­mata ($1500), and the Mata­mata Com­mu­nity Men’s Shed ($1500).

The bal­ance was made of grants for dif­fer­ing amounts from $500 up­wards to $1000.

Some of the main talking points from the trust’s an­nual pub­lic meet­ing in Hamil­ton, at­tended by 150 stake­hold­ers from across the Waikato, was the fis­cal man­age­ment of the trus­tees.

From the $11.6m paid out through grants, $8.8m was ap­proved for 636 com­mu­nity projects with $2.8m go­ing to 10 sig­nif­i­cant cap­i­tal projects.

A fur­ther $2.5m was paid to the trusts, strate­gic part­ners.

Trust chair­man Niwa Nuri out­lined the new 10-year strate­gic plan fo­cussing on achiev­ing im­pact and in­flu­ence at a re­gional level through ef­fec­tive phi­lan­thropy, lead­er­ship and part­ner­ship.

In recog­nis­ing the need for strong lead­er­ship the strat­egy has a deeper fo­cus on tack­ling new chal­lenges and it’s five and

‘‘The trust is sup­port­ing with ca­pac­ity build­ing and ca­pa­bil­ity through Com­mu­nity Waikato.’’

10-year goals to­wards en­abling trans­for­ma­tional change for peo­ple, com­mu­ni­ties and places where the need is great­est.

Out­lin­ing where the need is great­est, chief ex­ec­u­tive Dennis Tur­ton ac­knowl­edges so­cial ser­vices is a ma­jor area the trust is fo­cussed on.

Last year the trust con­sid­ered ap­pli­ca­tions to­talling over $6m for sup­port­ing fam­i­lies and young peo­ple.

The need to sup­port so­cial ser­vices is in­creas­ing and Trust Waikato last year sup­ported 264 re­quests ap­prov­ing fund­ing of $3.5m.

‘‘The trust is sup­port­ing with ca­pac­ity build­ing and ca­pa­bil­ity through Com­mu­nity Waikato and this model is now be­ing repli­cated around the coun­try.’’

This is where a num­ber of so­cial ser­vices are housed in one lo­ca­tion where sig­nif­i­cant op­er­a­tional costs are saved be­cause of shared ser­vices.

The trust is in good shape go­ing into the fu­ture with funds val­ued at $371m. Re­serve cap­i­tal has been set aside to safe­guard funds for fu­ture gen­er­a­tions.

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