As Chair of the BNZ Foundation, I am thrilled to announce that following 18 months of comprehensive planning and groundwork, the Foundation is now actively supporting community initiatives, committing $590,000 in grants to our initial three community partners:
🌊 Revive Our Gulf: This project, receiving $450,000, is led by the Mussel Reef Restoration Trust in collaboration with iwi and research partners. It focuses on restoring the kūtai (green-lipped mussel) reefs in the Hauraki Gulf, aiming to enhance marine biodiversity and water quality. This restoration is crucial for re-establishing natural habitats, vital for marine life, and has the potential to significantly benefit local fisheries and coastal ecosystems.
🚗 Waka Aronui: Waka Aronui is a social car leasing programme designed to provide low-income families and whānau with access to affordable, safe, and low-emission vehicles. Aimed at reducing the reliance on high-interest, second-tier vehicle finance, which too often sees low-income families saddled with unaffordable, poorly maintained and uninsured vehicles, the programme is already making a difference through a pilot currently under way in South Auckland. (The Ākina Foundation, Manukau Urban Māori Authority)
With a $110,000 grant from the BNZ Foundation, a comprehensive feasibility study will explore options to scale the programme to more regions across New Zealand as well as the potential to incorporate new solutions such as vehicle sharing and e-bikes.
💡 A new initiative to enhance financial resilience: With a $30,000 grant from the BNZ Foundation and support from other philanthropic sources, Centre for Sustainable Finance: Toitū Tahua is leading work to establish a network of corporates and community groups to support New Zealanders facing economic hardship. The goal is to ensure New Zealanders experiencing hardship can continue to access essential goods and services, by connecting with corporate and community providers through a single access point.
Each of these projects demonstrates our targeted approach to funding, ensuring that every dollar counts and contributes to lasting positive change in our country. We are looking forward to working closely with our partners and supporting the growth and impact these partnerships will bring to our communities.
🔗 Find out more about the BNZ Foundation at bnz.co.nz/bnzfoundation
#BNZFoundation #Communities #Sustainability #Impact #NewZealand
📷 Arie Spyskma
Social Entrepreneur embracing circularity as a pathway to change in the hopes to create positive social and environmental outcomes.
2moGreat impact team.