How Trust funds are raised and managed
Funds are accrued by bequests, donations, annual monetary gifting or gifts of assets such as land, buildings or works of art. Grants for substantial specific projects are also received from relevant donor organisations. It is a registered charitable trust, so donations are eligible for tax rebates.
Individuals, businesses and organisations can make gifts, donations, grants or bequests to the City of Nelson Civic Trust at any time by contacting the Trust Secretary. The Trust provides the city's benefactors with the assurance that their specific wishes, if any, will be carried out and that their generosity will directly benefit the community. Find out more about making a donation to the Civic Trust.
Donations, gifts and bequests are invested by the Trustees and the annual income is used for a wide range of projects. Since the establishment of the Trust in 1973, $800,000 has been gifted to amenities and projects for the general benefit and enjoyment of the people of Nelson.
As a registered charitable trust, the City of Nelson Civic Trust is also able to receive tax deductible bequests or donations for a nominated project and to then transfer these specific funds to the relevant organisation. Property or assets can also be gifted to be managed by the Trust for the benefit of the people of Nelson.