We are excited to announce that an anonymous donor is prepared to match dollar for dollar donations given to the NZ Barok Future Fund until the end of August 2019! This is an incredibly generous offer which we hope will encourage you to be part of the team that secures NZ Barok’s future.
NZ Barok is New Zealand’s only regularly performing baroque orchestra. We fill a critical niche in the NZ music scene, enriching the lives of our audience through live performance, CD recordings, and radio broadcast. Finding the funding to maintain and expand the vision of the orchestra is always a challenge. Like most charities, the orchestra relies almost entirely on the continuing generosity of donors and sponsors to cover its operational expenses.
To provide support, stability, and to secure the long term welfare of NZ Barok, the NZ Barok Future Fund has been established. The Future Fund will act as insurance and will in due course provide the orchestra with some regular income through investment return.
If you would like to help NZ Barok in this way, donations (minimum $100) and bequests can be gifted through the Auckland Foundation.
Please contact firstname.lastname@example.org
The Foundation describes its activities as follows: When generous Aucklanders give back to their city and its communities, Auckland Foundation invests those funds to build a permanent legacy. One of several benefits to the donors we partner with, is the strong investment governance and investment management the Auckland Foundation provides. This means donors do not have to concern themselves with the day to day investment decisions or market cycles and can partner with us pro-actively on the granting.
Statement of Investment Policy and Objectives.
To guide investment, Auckland Foundation has a Statement of Investment Policy and Objectives (SIPO) which is reviewed periodically, alongside the performance of our investment manager. As a registered charity, Auckland Foundation does not seek to profit from donors giving but do need to cover the administrative costs of providing our services. We have a long-term investment horizon consistent with endowment funds. Our funds are invested in a balanced portfolio so they achieve both a level of income generation to support long term grant making and provide the potential for capital growth to help mitigate the negative impact of inflation over time. Auckland Foundation Trustees and its Investment Advisory Committee Members are committed to exercising prudent and appropriate care in relation to the investments of Auckland Foundation and agree that all actions taken should be in the interests of achieving Auckland Foundation’s objectives and meeting our fiduciary obligations.