1 JULY NEW ZEALAND GAZETTE 1879

Name of Organisation Amount
Whare Whakanga Services $500.00
Women and Family Support Group 500.00
Womens Division Federated Farmers Tga Provincial Homecare 1,000.00
Youth for Christ - Tauranga 500.00
Less donation from previous year returned 300.00
$432,258.00

Trust Bank Canterbury Community Trust

Trustees Report

On behalf of the trustees of the Trust Bank Canterbury Community Trust, I am pleased to present the fifth annual report.

The trust was established in 1988 by the Government and given the specific task of distributing the dividends received from its investment in the Trust Bank Group for charitable, cultural, philanthropic and recreational purposes beneficial to the communities of Canterbury, Marlborough and Nelson.

The trust's investment in Trust Bank New Zealand Limited is proving to be profitable and has enabled the trust to expand its charitable work while maintaining a sound financial position.

During the financial year under review the trust has successfully fulfilled its role by giving donations totalling $2,700,000 to over 1000 community groups. We have been acutely aware of the huge demands on community groups and their need to find finance and although every need cannot always be met the trust is pleased to make such a positive contribution.

Thirty special projects were supported during the year. These included support for a conductive education unit which will serve Canterbury, Nelson and Marlborough, redevelopment of the playground in the Botanical Gardens, helping establish the Canterbury Environmental Trust facility in the Craigieburn Ranges, provision of equipment for the neonatal unit at Christchurch Women's Hospital, plus the building of an arena for Marlborough Riding for the Disabled and extending the accommodation wing of the Riverside Trust in Nelson. The community trust also responded to the snow relief appeal in Canterbury. Fifty tertiary bursaries were established and top up salary support given to 100 Taskforce Green positions throughout the community trust region.

The community trust is pleased to be able to support the people of Canterbury, Nelson and Marlborough in such a tangible way.

VIKI BUCK, Chairperson.

Trust Bank Canterbury Community Trust Inc. Trust Directory for the Year Ended 31 March 1993

Trust Particulars

The Trust Bank Canterbury Community Trust Inc. was incorporated as a charitable trust in accordance with the provisions of the Trustee Banks Restructuring Act 1988. The purpose of the community trust is to provide charitable, cultural, philanthropic and recreational benefits to the community.

Date of Trust Deed: 30 May 1988.

Settlor: Minister of Finance.

Trustees: V. S. Buck (Chairperson), J. C. Bedwell, B. P. Duncan, J. M. Finn, Sir Hamish Hay, I. D. Howell, B. P. Hutchinson, D. A. McGregor, G. H. McIntosh, J. L. Palmer, H. C. Sutton, R. J. Todd and M. W. Wisheart.

Trust Manager: P. D. Stewart.

Trust Secretary: L. E. Riddler.

Accountants: KPMG Peat Marwick, P.O. Box 274, Christchurch (M. J. Hadlee).

Auditors: Deloitte Touche Tohmatsu, P.O. Box 248, Christchurch (I. G. Rowley).

Bankers: Trust Bank Canterbury Limited.

Solicitors: Ralph Thompson Shaw and Thompson.

Trustees’ Report for the Year Ended 31 March 1993

Objectives of the Trust: To provide charitable, cultural, philanthropic and recreational benefits to the communities of Canterbury, Marlborough and Nelson.