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

 

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Auckland Outage: Power Mostly Restored Overnight

Vector wishes to advise that all but 324 customers have been restored overnight. These customers are spread throughout the network in small pockets. The main St Johns feeder was restored around midnight allowing most of the customers in all affected areas to have power this morning. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news