Waikato River Clean-up Trust: Funding Strategy 2015

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g) The Trust requires that adequate regard be given to the extent to which projects would
further iwi environmental plans, in the case of applications from iwi or applications based
on Maatauranga Maaori or on the mauri of the Waikato River.
2.4 General requirements for all applicants
In addition to each application meeting the criteria outlined above, all prospective applicants
must meet the following general criteria:
• GST
All funding applications must refer to GST inclusive figures at all times. Because the Waikato
River Clean-up Trust receives its funding from the Crown in GST inclusive amounts, all funding
business will be conducted in this way.
• Legal Entity
Funding applicants must be a legal entity in New Zealand, and projects over $10,000 (or
multiple successful applications from a single entity amounting to more than $10,000 in a
single funding round) must be GST registered. Applicants must not be currently registered as
bankrupt or insolvent.
• Trust Indemnified
If the Trust suffers any loss or damage as a result of any act or omission of a Recipient, its
employees, agents or contractors, the Recipient shall fully indemnify the Trust.
• Deed of Funding
All successful applicants will be subject to the terms and conditions of the Trust – The Deed
of Funding (available from ). The Deed of Funding, which represents
the funding contract between the Authority and the Recipient, must include a detailed project
plan. This plan, at a minimum, shall contain:
-- Deliverables (the identifiable outcome(s) that will be delivered by the project as a whole,
and at each milestone)
-- Key tasks (the key activities that will be undertaken to deliver the project successfully)
-- Milestones (key points in time throughout the project at which activities will be completed
and/or deliverables delivered, and at which reporting and invoicing (for over $50 000
projects) may occur)
-- A project cash flow.
• Co-funding
The Authority anticipates that all successful applications will have an element of co-funding
included as part of their project. The greater the level of co-funding, the greater the weight the
Trust will give to the application. Co-funding can only include new funding, and not funding
used or activity undertaken prior to this specific project being started. Quantified in-kind
activity may constitute an element of co-funding as may funding from other sources.
• Financial and Reporting Systems
The Authority requires all applicants to maintain sufficient financial and reporting processes
to provide confidence that any funds awarded are used in the most appropriate manner to
achieve the objectives of the project.
2.5 Other matters for consideration
Related projects
The Trust considers it advantageous if newly funded projects are related to adjacent or nearby
restoration and/or protection projects, and/or build on existing initiatives. Previously funded
projects may be found at
Waikato River Clean-up Trust Funding Strategy 2015
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