Trust's donations total $21.5m
The Community Trust of Mid and South Canterbury has donated $21.5 million to the community over the past 25 years.
Chairman Peter O'Leary said the trust had made a positive difference to hundreds of community groups, both big and small.
"By making donations to appropriate organisations, we've worked together to make the district vibrant," Mr O'Leary said, adding he likes grants that benefit many types of people.
"Take CBay for example. All sectors in the community can get enjoyment out of the pool. It doesn't matter if you're male, female, young or old. It's great to support a project that can cover the whole spectrum."
In Mr O'Leary's experience, a financial boost from the community trust can encourage the public to dig deep.
"The public had to fund $5 million for the new stadium complex in Ashburton. We gave half a million and it stimulated the public to reach that target."
Sporting, cultural, health, education and horticultural sectors have all been helped by the trust.
"It's very satisfying to know that this has made an appreciable difference to the health and wellbeing of the community," Mr O'Leary said.
The trust is one of 12 community trusts throughout New Zealand. Its funds come from earnings from investments of community funds that have grown from $4.7m initially to $45.9m now.
"As well as donating to people, I enjoy all aspects of investment.
"We need to make sure we are doing well enough to make sure the funds are available in the long term.
"We need to make sure we will be here in 10 years' time, and that means being mindful of inflation, and making good decisions."
The initial funds came from the closure of the regional South Canterbury Savings Bank, which became Trust Bank South Canterbury.
When the trustee banks were merged with Westpac Bank in 1996, the Trust Bank South Canterbury Community Trust was renamed The Community Trust of Mid and South Canterbury.
BY THE NUMBERS
The trust's largest donations have included:
Aorangi Sports Stadium, $1,395,000
CBay Aquatic Centre, $500,000
Hospice SC $490,200
Twizel Community Board, $100,000
St John, $65,000
Fairlie Volunteer Fire Brigade, $60,000
Peel Forest Outdoor Pursuits Centre, $105,070
Geraldine Historical Society, $95,000
Geraldine Aged Persons Welfare Association, $80,000
Te Runaka O Arowhenua, $75,000
Temuka Community Care Trust, $57,000
Opihi Services Academy, $50,000
Project Waimate, $105,000
Waimate Caledonian Society track, $50,000
St Augustine's Church, $45,000
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