A trust set up to support training opportunities for nurses and midwives in the Wairarapa has handed over the reins to a community foundation.
In 2008 a group of nurses established the Wairarapa Nurses Educational Trust and former trustee and nurse leader Helen Pocknall said it had been looking for ways to grow the fund. She said it had decided to hand the reins over to the independent charitable trust, the Nikau Foundation, to look after the fund’s capital and maintain the chariable purpose of the trust.
“The handover will relieve us of all administration and compliance activities and will almost double the returns to the community,” said Pocknall. Under the community foundation model, funds are pooled to maximise return on investment, with income distributed to eligible charities on an annual basis according to donors’ wishes.
The educational fund will now be known as the Wairarapa Nurses and Midwives Educational Endowment Fund and Nikau hopes to grow the capital from $35,000 to $50,000 through donations from people and businesses who want to “give where they live”.