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11

Do we fund capital/building projects?

The Trust has a new Significant Capital Projects Fund for donations toward large

capital projects. Your group must be requesting a donation of at least $100,000.

Applications of that size would normally be for projects with a total cost of $1million

or more. However, for some high priority projects the total project cost may be

$500,000 or more.

Capital projects may include new buildings, alterations or renovations, or

equipment. The Trust does not fund entire projects.

The Significant Capital Projects Fund has one funding round in 2015 closing at

4.30pm on Friday 19 June. Groups are strongly encouraged to meet with a Trust

Waikato donation advisor to discuss their project before making an application.

In addition to the standard donations criteria, eligible groups must:

• Complete the application online using the standard single-year donation

application form

• Apply for a donation of $100,000 or more

• Provide an up-to-date feasibility study

For smaller capital projects where the application is for less than $100,000 (total

project cost is likely to be under $500,000), groups may apply to one of the three

general donation rounds offered in 2015 using the standard single-year donation

application form.

What if your organisation receives Government funding?

Trust Waikato won’t fund projects which are government’s responsibility.

The Trust will carefully consider applications from organisations significantly funded

by government, to assess the wider community involvement.

Will the donations budget be the same for each round?

Trust Waikato sets one donation budget for the entire calendar year. We split the

budget evenly between the three rounds with a degree of flexibility. In this sense,

it makes no difference when your group applies. Applications are assessed on

individual merit.

How can your organisation apply?

You will need to complete a single-year or multi-year (2 or 3 year) donation

application and submit it to Trust Waikato. There are 3 funding rounds each year

closing in February, June and September. Note: The Significant Capital Projects

Fund has one funding round in 2015 closing on Friday 19 June 2015.

We strongly recommend you apply for a donation using our online system available

from the home page of our website

www.trustwaikato.co.nz

. For more

information see the next question ‘Can you apply online?’. There are also paper

application forms available.