We accept applications from formally constituted, not for profit organisations serving one or more Bay of Plenty communities.
The following entity types are formally constituted organisations:
We do not accept applications from individuals or informal organisations (with the exception being our Scholarships)
The work the organisation does needs to align with at least one of our four priority areas
Organisations will need to provide a budget, verification of their bank account and their last year's financial accounts to be eligible to apply (organisations under one year old do not have to provide financials.)
We support operating costs and/or project costs
Operating cost grants are available to support the operating and administration costs of health, social and community development organisations. This may include operating costs for programmes for these types of organisations, and can include salaries or a salary component, plus general overheads of rent, power, phone and administration costs etc.
Project cost grants are available to assist with funding one-off community projects, events, assets or programmes, within the ability of our Trust funds.
For both operating and project costs, The Trust does not usually support applications in excess of 50% of the total cost (exceptions can be made for the Community Amenities Fund and Strategic Partnership Funding.) Applicant organisations are encouraged to have the balance in hand (or at least applications filed with other funders) before applying.
Applicable to all grants unless stated otherwise:
a) The Trust will not generally fund Funders;
b) The Trust will not accept:
The Trust funds organisations that are not conducted for profit, where ownership is not held by an individual and where any surpluses do not accrue to an individual;
The Trust will not usually consider:
Alignment to BayTrust Priorities
Insolvent organisations and organisations with Negative Cash Reserves
The community impact of organisations applying for support will be considered with those organisations with limited community impact (for example they only benefit a few people in the community) being given lower priority for funding.
All applicants will be required to submit Financial Statements that comply with the accounting standards applicable to them set by the External Reporting Board (XRB) – the Not-for-Profit Public-Benefit-Entities (NFP PBE) Standards.
Audit or Review of Financial Accounts
While BayTrust does not require an organisation to have their financial accounts audited or reviewed, it does require that organisations comply with both their deed and the Charities Act 2005.
One application per organisation per year.
Under certain circumstances organisations may be permitted to have more than one application considered within a 12-month period:
An organisation considering a further application will need to discuss their case with staff in the first instance.
Accountability of Grants
Organisations that receive grants are asked to verify within twelve months, that the funds have been spent for the purposes specified in the approval;