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

 

Season Ends: Is Whitebaiting Sustainable?

The whitebait fry - considered a delicacy by many - are the juveniles of five species of galaxiid, four of which are considered threatened or declining. The SMC asked freshwater experts for their views on the sustainability of the whitebait fishery and whether we're doing enough to monitor the five species of galaxiid that make up whitebait. More>>

ALSO:

Crown Accounts: Smaller-Than-Expected Four-Month Deficit

The New Zealand government's accounts recorded a smaller-than-forecast deficit in the first four months of the fiscal year on a higher-than-expected inflow of corporate and goods and services tax. More>>

ALSO:

On For Christmas: KiwiRail Ferries Back In Full Operation After Quake

KiwiRail’s Interislander ferries are back in full operation for the first time since the Kaikoura earthquake, with the railspan that allows rail wagons to be loaded on the Aratere now restored. More>>

ALSO:

Comerce Commission Investigation: Prosecutions Over Steel Mesh Labelling

Steel & Tube Holdings, along with two other companies, will be prosecuted by the Commerce Commission following the regulator's investigation into seismic steel mesh, while Fletcher Building's steel division has been given a warning. More>>

ALSO:

Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

ALSO:

ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Women's Affairs: Government Accepts Recommendations On Pay Equity

The Government will update the Equal Pay Act and amend the Employment Relations Act to implement recommendations of the Joint Working Group on Pay Equity. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news