Scoop has an Ethical Paywall
License needed for work use Register

News Video | Policy | GPs | Hospitals | Medical | Mental Health | Welfare | Search

 

Hollows NZ reassures NZ public

Your money well spent: Hollows NZ reassures NZ public

Following recent reports of investment losses by The Fred Hollows Foundation Australia, The Fred Hollows Foundation NZ reassures the NZ public that their money is well-managed, and spent on the purpose for which it was given – restoring sight in the Pacific.

Hollows NZ chairman Brent Impey said “Supporters of The Fred Hollows Foundation NZ can be assured that their donations are managed in New Zealand and are only used to run programs restoring sight in the Pacific, PNG and Timor-Leste. We are very prudent with our donors’ money and are proud that over 85% of every dollar we receive is spent on our blindness prevention programs in the region.” Mr Impey also noted that Hollows NZ invests all its funds in New Zealand banks in timed term deposits, and has not invested in the stock market.

In fact, 2009 has been an extraordinary year for Hollows NZ. The organisation has expanded its operations across the Pacific, Papua New Guinea and Timor-Leste following a significant injection of funding from both the New Zealand and Australian governments, and with continued strong support from the NZ public.

The Fred Hollows Foundation NZ is a New Zealand-registered charity (CC23722), independently managed and governed locally. The organisation was established in 1992 at the same time as its sister organisation, The Fred Hollows Foundation in Australia. Both organisations work to achieve similar goals: restoring sight and preventing blindness in the regions where they operate.

ENDS
ENDS

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 
International Art Centre: Rare Goldie Landscape Expected To Fetch $150,000

When Evening Shadows Fall is one of four works by Goldie included in a sale of Important and Rare Art at the International Art Centre in Parnell on November 28. Goldie painted only a handful of landscapes, concentrating mainly on indigenous portraits, which earned him a global reputation as NZ’s finest painter of respected Māori elders (kaumātua). More


Mark Stocker: History Spurned - The Arrival Of Abel Tasman In New Zealand

On the face of it, Everhardus Koster's exceptional genre painting The Arrival of Abel Tasman in New Zealand should have immense appeal. It cannot find a buyer, however, not because of any aesthetic defects, but because of its subject matter and the fate of the Māori it depicts. More

 
 
 
 
 
 

LATEST HEADLINES

  • CULTURE
  • HEALTH
  • EDUCATION
 
 
  • Wellington
  • Christchurch
  • Auckland
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.