Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


$100m foundation to support NZ environment and education

14 March 2014

$100m foundation to support NZ environment and education

A $100 million philanthropic foundation, established to support and invest in high impact New Zealand-based environmental and education projects, was launched in Auckland today.

The NEXT Foundation is funded through the benefaction of New Zealanders Annette and Neal Plowman, who have already supported a number of significant philanthropic projects, including the Rotoroa Island Trust in the Hauraki Gulf, Project Janzsoon in the Abel Tasman National Park and Teach First NZ which aims to tackle educational inequality.

The Foundation will make commitments of approximately $5 - $15 million in up to three projects each year. Any individual or group with a high impact, well-structured idea in the areas of education or environment will be able to submit an Expression of Interest for funding consideration.

The Foundation has an Advisory Panel of notable New Zealanders who will help with project selection and a Board of Directors chaired by Chris Liddell.

Mr Liddell, also Chairman of Xero, and previously Vice Chairman of General Motors and CFO of Microsoft Corporation, says education and the environment have been chosen as the two categories for support and investment because they have the greatest potential to inspire and create lasting value for New Zealanders.

“We have a vision of creating a legacy of environmental and educational excellence for the benefit of future generations of New Zealanders,” he says.

“To achieve this vision we will make significant commitments to projects that are aspirational, ambitious and high impact. The Foundation will be a strategic investor in well-managed projects that deliver a meaningful and measurable return toward the education of New Zealanders and the protection of our unique landscape, flora and fauna.

“We admire the foresight of our benefactors,” said Mr Liddell, “and believe their generosity will have a profound impact on the future of our country.”

Event details for today:

Friday 14 March, 1.00 – 2.15pm
Rangitoto Room 1
Viaduct Events Centre, Auckland

www.nextfoundation.org.nz

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Warming: Warming Signs From State Of Climate Report

Climate data from air, land, sea and ice in 2013 'reflect trends of a warming planet' -- says the latest State of the Climate report, launched by U.S. and New Zealand scientists. More>>

ALSO:

Scoop Business: Embrace Falling Home Affordability, Says NZIER

Despair over the inability to afford a house is misplaced and should be embraced as an opportunity to invest in more wealth-creating activity, says the principal economist at the New Zealand Institute of Economic Research, Shamubeel Eaqub. More>>

Productivity Commission: NZ Regulation Not Keeping Pace

New Zealand regulators often have to work with out-of-date legislation, quality checks are under strain, and regulatory workers need better training and development. More>>

ALSO:

Callaghan Innovation: Investment To Help Deepen Innovation Reporting

Callaghan Innovation, the government’s high tech HQ for Kiwi business, is to help deepen New Zealand media coverage of the commercialisation of innovation through an arms-length partnership with independent business news service BusinessDesk. More>>

ALSO:

Tax Credits, Grants: Greens $1Bn R&D Plan

In the Party’s headline economic announcement, the Greens have launched their plan to build a smarter, more innovative economy which has as its centrepiece an additional $1 billion of government investment in research and development (R&D) above current spend, including tax breaks for business. More>>

ALSO:

Inflation: CPI Increases 0.3 Percent In June Quarter

The consumers price index (CPI) rose 0.3 percent in the June 2014 quarter, Statistics New Zealand said today. This follows rises of 0.3 percent the March quarter and 0.1 percent in the December 2013 quarter. More>>

ALSO:

Half Empty: Dairy Product Prices Drop To Lowest Since December 2012

Dairy product prices fell to the lowest level since December 2012 in the latest GlobalDairyTrade auction, paced by whole milk powder and anhydrous milk fat. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news