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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.