BayTrust
Always open for applications?
Yes
Eligible districts
There is a specific legal definition but broadly, the Area is from Katikati to Turangi to Cape Runaway including Rotorua, Taupo, Tauranga and Whakatane. Refer to the Trust's website to view their map.
Eligibility
The Trust accepts applications from formally constituted groups serving one or more Bay of Plenty Communities.
The following entity types are formally constituted groups:
• Charitable Trust
• Incorporated Society
Available to groups or individuals?
Groups may apply
History
The Trust was formed in 1988 as the Trust Bank Bay of Plenty Community Trust to hold shares in the Trust Bank Group for the benefit of Bay of Plenty Communities.
In 1996 this share, along with all the other shares in the Trust Bank Group, was sold to the Westpac Bank and the sale proceeds of approximately $90m invested by the Trust.
Our name changed by dropping the Trust Bank in 1998 and changed again to BayTrust in March 2006 to give the Trust a shorter more easily remembered name.
Objectives
To help organisations carrying on charitable, cultural, philanthropic and recreational work which helps build, strengthen or enhance Bay of Plenty communities.
Projects funded
• active communities (Sport and Recretation)
• healthy communities living in healthy environments (Health & Social)
• educated communities (Education)
• culturally enriched communities (Arts & Culture)
• communities developing their full potential (Community Development)
Excluded projects
The Trust will not accept:
• applications from individuals or informal groups; or for political or ideological purposes;
• applications for travel, accommodation or uniforms.
• applications for the repayment of debt.
• retrospective applications (i.e. lodged after the event or after costs have been committed).
The Trust will not usually consider:
• applications where the funds will be passed on to another organisation or organisations.
• projects where at least 50% of the costs are not in place or firmly committed.
• more than one application from any organisation within a 12 month period.
• applications to build endowments (i.e. to build capital bases).
• projects or activities outside of our BoP region.
Organisations intending to make applications for the categories immediately above are strongly advised to discuss their proposal with Trust Office staff first.
Activities funded
• operating costs and project costs.
Excluded activities
• travel, accommodation and uniform costs
• costs relating to the repayment of debt
• retrospective applications (applications lodged after the event or after costs have been committed)
Funds available
$2,000,000.00
Grants made last year
79
Funds available last year
$1,457,215.00
How to apply
All applications must be submitted online, information available at: http://www.baytrust.org.nz/
Community support and event funding up to $15,000 involves a quick, simple and fast application process where applicants are required to align with at least one of the funder's outcomes and attributes, however due to the low value of the grant a lower level of evaluation, accountability and reporting requirements will be required from the applicants.
Applications less than $5,000 are received through the monthly granting process.
Applications between $5,000 and $15,000 are received through the quarterly granting process.
Applications for Scholarships are received through the Scholarship process.
Community impact funding between $15,000 and $100,000 involves a robust application process where applicants are required to have strong alignment to the funder's outcomes and attributes, and where demonstration of meeting a number of outcomes will increase the likelihood of BayTrust's investment, with a moderate level of evaulation accountability and reporting requirements.
Applications between $15,000 and $100,000 are received through the quarterly granting process
Strategic fund for applications over $100,000 involve a staged business case application process including an initial expression of interest, shortlist and then business case presentations with greater weight given to projects that deliver to multiple outcomes and align to multiple attributes with a high level of evaluation, accountability and reporting requrements. The strategic fund is where BayTrust will be looking to make a meaningful and measurable difference in the BOP community. Applications between $100,000 and $500,000 will be considered (more for BOP-wide initiatives).
The indicative annual timeline for strategic funding is:
February - EOI for strategic funding opens
March - EOI closes
April - Shortlist applications
July - Presentations by applicants to BayTrust
August - Decisions announced on successful applications at APM
Information required with your application
Please read the BayTrust Application Form guide. Ensure you refer to the outcomes and priorities listed on the website:
http://www.baytrust.org.nz/funding-support
Decision makers
Board of Trustees.
Decision time
Grant applications under $5,000 are reviewed monthly by committee, and groups that are applying for $5,00 or less are
advised to apply at least three months before they need to use the funds.
Grant applications for $5,000 and over are reviewed quarterly by the full board and groups applying for more than $5,000 are encouraged to apply six months in advance of when they need to use the funds to ensure that their application will be reviewed in time.
Grant applications for the strategic fund begin with an Expression of interest, usually opening in February and closing in March each year, with short-listed applicants making presentations to BayTrust in July and decisions announced in August at APM.
How notified
This is dependate on the value of the grant.
Conditions of acceptance
Various requirements dependent on the situation. Refer to funder for details.
Other information
BayTrust does not fund individuals (other than through the Dillon Scholarship) or informal groups.
Contact
Terri Eggleton
Community Development Advisor
BayTrust
PO Box 13-322
Tauranga 3141
Phone: (07) 578 6546 Fax: (07) 578 7357
Email: terri@baytrust.org.nz
http://www.baytrust.org.nz/