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The Acorn Foundation is one of 18 community foundations across Aotearoa New Zealand that provide a unique way of charitable giving.
Our Smarter Giving Model involves pooling and collectively investing our donors’ funds, so that the capital in the fund remains intact, while a portion of the income is distributed annually to the local community. This means that our donors’ gifts continue to give back to causes close to their hearts, forever.
Many of our 400+ donors have set up endowments that leave money to the community when they die, while other donors get a lot of pleasure out of seeing their money at work while they are still alive. Donors can choose to support the community through local charitable organisations in the WBOP or by establishing scholarships and awards.
The Acorn Foundation has been connecting generous people with causes that matter in the Western Bay of Plenty region since 2003.
Acorn Foundation’s first ever endowment fund was gifted by the late Edna Brown in 2003. 20 years later, we now have over $63M in funds under management and have collectively distributed over $16.5M to the community, with over $3.3M distributed in 2023 alone. This funding has supported hundreds of charitable organisations that are important to our donors and are vital to our region’s well-being.
