Te Tahuna Trust
  • Home
  • Notices
  • Trustee Login
  • Contact

Distribution Policies 

Click the link for a full set of the Distribution Policies.  Click this link for a copy of the Strategic Plan.
cultural development

Cultural Development

Kohanga Reo Grants

The Trust aims to enhance Te Reo and the cultural heritage of Te Tahuna descendants by building a base of students skilled in Te Reo and Tikanga and providing grants to local Kohanga Reo.  Grants are available for staff training and purchase of resources and equipment.

Marae Grant Policy

The Trust aims to enhance the cultural heritage of Te Tahuna Owners and their descendants by building a base of people skilled in Te Reo, Tikanga, Maori Arts and craft and by providing Grants to Tapuaeharuru Marae. Grants are available forthe construction maintenance or improvements of Marae buildings and facilities.

Ngati Tamateatutahi Kawiti Representation Policy

Funds available for Kaumatua assistance in representing the hapu at hui.
Social grants

Social Grants Policy

The trust aims to assist owners and their descendants in the development of sustainable health and social services through the provisions of grants and/or loans.

Kaumatua Hauora grants

The trust wishes to provide financial assistance to Kaumatua by contributing to the costs of prescription glasses and hearing aids. Application forms are available from the Secretaries office.

Discretionary Grants

Trustees can provide any such other grant or loan as they approve to benefit as wide a group of owners and descendants as possible.
education development

Education Development

Tertiary Education Grant Policy

The Trust aims to create an environment for success in tertiary Education by building a base of skilled Maori students, providing vocational Training grants and establishing a database of Te Tahuna Tertiary students.
economic development

Economic Development

New Business Loans

The Trust aims to create for Te Tahuna Trust owners and their descendants an environment for successful Maori business ventures and economic growth by building a base of skilled Maori business enterprises and developing alliances for Maori economic development. Loans are available for Business investigation funding and /or capital/set up costs. Maximum loan is $15,000 and loans are repayable with concessionary interest payable. Applicants must prove they can service their debt borrowings and provide security for their loan.

Repaid loans will be held in a separate reserve fund and will be available for future loan applications.
shareholders grant

Shareholders Grant Policy

Funds previously set aside for dividends have been transferred to the Shareholders Grant Reserve. A grant was paid to shareholders in October 2004 and is available to shareholders, subject to the terms of the grants policy, up to the payment date of the next grant, expected to be paid in 2006. The current policy in respect of the shareholders grant is as follows:

  • The distribution date is to be 1 October 2004 .
  • Payments to be made only to bank accounts.
  • All beneficiaries are to be advised of the payment date and those who have not provided bank accounts details will be asked to do so.
  • For identification purposes the grant will be called the "2004 grant".
  • Sufficient funds will be retained to cover any beneficiaries who are located after the payment date.
  • The trustees reserve the right to make only one payment to a beneficiary whose name may appear more than once on the share register where it is evident that those multiple names refer to one person.
  • Any beneficiaries who are located after the payment date will be entitled to the payment they would have received had their address and bank account details been known at the distribution date.
  • Any owners who succeed to shares after the payment date will be entitled to payment of the current shareholder's grant based on their shareholding, irrespective of whether a grant had been paid to the person from whom they have received their new shares.
  • Entitlement to the payment will expire on the date of the next payment declared by the trustees.
  • The trustees reserve the right to amend this policy or draft new policy to cover any circumstance not covered or anticipated by this policy, in respect of payments to all beneficiaries or to any one or more beneficiaries and the trustees decisions in these matters will be final.
General guidelines
Benefits will be paid to beneficial owners through dividends, grants and loans as per specific agreed policies. The annual net income after costs is to be allocated as follows:

General Guidelines

  1. All applications are to be made in writing.
  2. The Trust may set monetary limits to any grant.
  3. The Trust may impose conditions on any grant.
  4. The Trust may decline any application on any grounds it sees fit.
  5. Approval of any grant is entirely at the discretion of the Trustees.
  6. Applicants for grants must be owners or their descendants.
Reinvested in the Trust                  5%
Dividend Reserve                           45%
Development Policies                    50%
Total                                                 100%
annual reports

Annual Reports

Copies of full Annual Reports and Financial statements are available at the Annual General Meeting, and are available to owners on request from the secretary's office.
Home
Notices
Trustee Login
Contact

Ngāti Tamateatutahi/Kawiti Land Trusts

Picture

Paritangi

Waitangi 3

Picture

Rotoiti 3v3

Tautara Matawhaura


Te Tahuna Trust - Pukeroa Oruawhata House - 2/1176 Amohau Street - ​Rotorua, 3010 
​Phone:  07 343 1056  - ​​Email:  Martin Kinder (Trust Secretary)
Created by He Tangata Digital Media
  • Home
  • Notices
  • Trustee Login
  • Contact