$25 Million Special Fund. Formed 25 years ago Funded from Golden Bay to Rakaia River to Chatham...

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$25 Million Special Fund

Transcript of $25 Million Special Fund. Formed 25 years ago Funded from Golden Bay to Rakaia River to Chatham...

Page 1: $25 Million Special Fund. Formed 25 years ago Funded from Golden Bay to Rakaia River to Chatham Islands Grown capital base from $370 million to $530 million.

$25 Million Special Fund

Page 2: $25 Million Special Fund. Formed 25 years ago Funded from Golden Bay to Rakaia River to Chatham Islands Grown capital base from $370 million to $530 million.

• Formed 25 years ago• Funded from Golden Bay to Rakaia River to Chatham

Islands• Grown capital base from $370 million to $530 million• Contributed nearly $340 million into communities• Donated $19million last financial year

Canterbury Community Trust has a proud history in Canterbury

Page 3: $25 Million Special Fund. Formed 25 years ago Funded from Golden Bay to Rakaia River to Chatham Islands Grown capital base from $370 million to $530 million.

• One off fund to help rebuild social infrastructure

• Second time in Trust history of digging into capital reserves

Special Fund launched to support social infrastructure of Canterbury

Page 4: $25 Million Special Fund. Formed 25 years ago Funded from Golden Bay to Rakaia River to Chatham Islands Grown capital base from $370 million to $530 million.

Special Fund – Breakdown

Social Housing Part-nership$10.0m

Ngai Tahu Partnership$2.0m

Rebuild Community Fabric Fund

$6.0m

Event De-velopment

$1.9m

Regional Fund

$5.1m

Page 5: $25 Million Special Fund. Formed 25 years ago Funded from Golden Bay to Rakaia River to Chatham Islands Grown capital base from $370 million to $530 million.

To enhance the reputation of Canterbury as an idyllic place to live and visit, and provide the following community returns:

• Help support employment opportunities and outcomes• Encourage innovation and self sufficiency• Encourage community participation

Social Enterprise Fund - Objectives

Page 6: $25 Million Special Fund. Formed 25 years ago Funded from Golden Bay to Rakaia River to Chatham Islands Grown capital base from $370 million to $530 million.

We are looking for projects which meet at least one of four pillars to benefit the community:

1. Social 2. Cultural 3. Environmental 4. Scientific

Social Enterprise Fund - Objectives

Page 7: $25 Million Special Fund. Formed 25 years ago Funded from Golden Bay to Rakaia River to Chatham Islands Grown capital base from $370 million to $530 million.

• This is the first time that we have done something like this

• We are very keen to see if the way we have selected produces the results everyone is looking for

• We have teamed up with University of Canterbury’s Dr Sussie Morrish

Learning through doing

Page 8: $25 Million Special Fund. Formed 25 years ago Funded from Golden Bay to Rakaia River to Chatham Islands Grown capital base from $370 million to $530 million.

• Setting the scene for Social Enterprise• A local example• Break• Business Case Planning• TCCT Application and Process• Business Mentors NZ• Q&A

The plan for today