Resettling Trusts
Transferring a trust to 45 South Foundation provides a simple and effective option. Our low-cost structure enables capital to remain intact and protects it against future inflationary pressures, while returning income from the investments back to our community.
We offer simple, flexible and efficient solutions for charitable trusts
In New Zealand, recent law changes mean that many local trusts are facing a changing environment. There are many reasons why a charitable trust may find itself languishing.
Currently, two of the most common challenges faced by trusts is attracting new trustees, and the work of administering the trust with the growing legal/compliance and reporting requirements especially when these might be out of proportion to the value of the assets the trust holds.
In some cases trustees may not have sufficient understanding of local needs to be able to spend the income of the trust most effectively in keeping with the original charitable intent of the trust.
Benefits of transferring an existing trust to 45 South Foundation include:
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Seamless transition within our organisation for a simple, stress-free process
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You keep your existing brand
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Expert management
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A partner with granting expertise
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A partner with fundraising expertise
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Good governance
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A deep local knowledge of community need and the organisations working hard to meet these needs.