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Financial Statements of Waikato River Clean-Up Trust
for the period ended 30 June 2014
Restoring and protecting the health and wellbeing of the Waikato River
50
The Trust has made total grant payments to Tainui Development Authority of
$180,562, this is from total grants approved in 2014 of $1,200,000. Tukoroirangi
Morgan a member of the Trust board is also the shareholder and director of the
Tainui Development Authority.
The Trust has approved total grant payments to Waipa District Council of $120,434
for 2013 (funding round 2), with total payments made of $32,386.88. In 2012 total
grants approved totalled $104,348 with payments made of $81,038 (funding round
1). Alan Livingston a member of the Trust board is also the former Mayor on the
Waipa District Council.
The Trust has approved grants payments to Tuwharetoa Maori Trust Board of
$252,174 for 2012 (funding round 1), total payment of $145,811 have been
contributed to this grant (2013: Nil), Heemi Biddle a member of the Trust board is
also a member of the Tuwharetoa Maori Trust board.
These Trust board members have not been involved in the assessment of these
applications.
No provision has been required, nor any expense recognised for impairment of
receivables, for any loans or receivables to related parties (2013: Nil).
23 Funding Commitments
Grants
The Waikato River Clean Up Trust has funding commitments relating to grant
applications for following funding recipients.
2014
2013
Dairy NZ
117,652
387,970
National Wetland Trust of New Zealand Inc
53,536
92,362
NZ Landcare Trust
60,337
66,565
Raukawa Charitable Trust
53,660
189,143
Tuwharetoa Maori Trust Board
14,182
223,174
Waikato Regional Council
-
74,638
Waikato River Care- Lower Waikato River
Enhancement Society Inc
189,087
214,453
Waikato-Tainui Te Kauhanganui
-
113,406
Waikato-Tainui Te Kauhanganui,
Waahi Whaanui Trust and Genesis Power
173,478
413,696
Waipa District Council
27,506
111,435
Solid Energy NZ Ltd & Waahi Whanui Trust
4,287
66,174
Trees for Survival Trust
3,986
6,743
Waahi Whanui Trust
-
6,154
Waikato River Trails Trust
121,176
265,635
Te Awa River Ride Charitable Trust
-
118,108
Waikato University
-
5,869
Nga Uri a Maahanga
13,750
31,731
Dairy NZ & Boffa Miskell
-
9,029
Waahi Pa
-
6,296
Department of Conservation
130,227
151,836
Waikato District Council
-
8,695
Te Arawa River Iwi Trust
7,826
143,541
Lower Waikato River Enhancement Society Inc
39,974
46,185
Ngaati Tahu-Ngaati Whaoa Runanga Trust
-
37,681