The Funds (old)
Hawke’s Bay Foundation has established a range of dedicated funds that will benefit specific causes or organisations in our community. Every gift you make to Hawke’s Bay Foundation is invested, protected and grown, meaning that your generosity will support our community’s needs forever.
Our Funds Information
Established in 2012, the Community Impact Fund is our central fund. As the name suggests, monies distributed from this fund are used to make a lasting and meaningful impact in our community forever.
The Community Impact Fund is ideal for those wanting to make a gift of any amount, without having to specify which organisations will benefit. This fund suits those that would like to make either a one-off or a regular donation but don’t want to set up a named endowment fund.
It’s hard to imagine what those needs will be in the future and they could change drastically over time. The Community Impact Fund will adapt to meet our community’s needs as they change.
Every year our annual funding round allows local charities, organisations and worthy causes the opportunity to apply for funding from the Community Impact Fund. This ensures we support those organisations which are meeting the needs of the community – whoever they may be and whenever their need arises. Whether that’s this year, in 20, 50 or 100 years’ from now.
Since its inception in 2012, more than $900,000 has been distributed to support community groups and projects that are making a real difference in our region.
All gifts are eligible for a 33.3% tax credit.
Do you want to make a difference to health in Hawke’s Bay?
The Hawke’s Bay Health Fund has been set up by Hawke’s Bay Foundation with seed funding from HBDHB to support the health and wellbeing of our local community.
Gifts and bequests made to the Hawke’s Bay Health Fund are pooled and invested, with the income used to provide annual grants for local health initiatives. The Fund is designed to complement existing government-funded health services, and provide grants for ‘optional extras’ for patient comfort through to specialised equipment, or grass-roots health projects in the community.
Donors can also choose to make a direct gift to the health service provider of their choice via the Health Fund and reap the benefit of a 33.3% donation tax credit.
We know that great art and culture inspires us, brings us together and teaches us about ourselves and the world around us. In short, it makes life better for our whole community.
The Hawke’s Bay Arts Fund was established in 2017 to provide a long term, sustainable source of funding specifically for the arts in Hawke’s Bay. Every donation made to the Arts Fund will be pooled and securely invested for the long term. The interest earned on the investment will be given back to grassroots arts organisations during our annual funding rounds.
With support from the Hawke’s Bay Arts Festival, the new fund was kick-started with $26,000 worth of donations from arts-loving individuals. In line with Hawke’s Bay Foundation’s policy, this has been securely invested for the long term.
All gifts are eligible for a 33.3% tax credit.
Every year, around 60,000 Hawke’s Bay households receive a dividend from the Hawke’s Bay Power Consumers’ Trust; however up to $300,000 worth of dividends are left unclaimed.
Established in 2018, the Hawke’s Bay Power Consumers’ Trust Fund offers generous individuals the option of donating their dividend to support their local community instead. We invite local people who can afford it, to donate some or all of their dividend to help families in need.
The fund invests your donation, and the interest earned from this investment is distributed each year to deserving community organisations – so your donation keeps growing and giving forever.
All gifts are eligible for a 33.3% tax credit.