2020 Foundation Scholarship Applications are now CLOSED

FOUNDATION HIGHLIGHTS

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WHAT WE DO

Te Wānanga o Raukawa Foundation (the Foundation) is a unique vehicle, established through the settlement that Te Wānanga o Raukawa (TWoR) had with the Crown, to deliver on the aspirations of TWoR. The purpose of the Foundation is to promote:

  • Akoranga: Teaching and learning.
  • Whakahaere: Operations and administration.
  • Whakatupu mātauranga: The exploration and creation of knowledge.

to maximise the contribution of the Foundation to the education and survival of Māori as a people through the provision of financial and other assistance to TWoR, the staff (including kaiāwhina) and its students.

The Foundation has grown its original settlement amount of $17.9m received in 2011 to $25.6 million (Trust Fund) (as at 30 June 2020). The Foundation Board manages and grows the Trust fund through prudent investments to deliver on the Foundation’s purposes as set out above.

The Foundation's current strategy in delivering on its charitable purposes is to:

  • Distribute annual lump sums to TWoR.  TWoR decide what they do with this putea within parameters set by the Foundation Board. The past two distributions made by the Foundation have been utilised by TWoR as scholarships to its students.  TWoR have prioritised scholarships to students who are from the Founding Iwi and kaumātua students enrolled in the Heke Reo Kaumātua on the request of the Foundation Board; and
  • Offer annual distributions of $10,000 to each of the three Founding Iwi for projects that promote akoranga, whakahaere and whakatupu mātauranga.  The distributions to Founding Iwi must also 'assist' TWoR in some way.

For more information on what we do please refer to the 'Key Documents' tab and check out our quarterly and annual reports.  

 

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