About West Coast Community Trust
History
In 1988 the government restructured the Trustee Savings Banks and The West Coast Community Trust was formed on 30th May 1988 in compliance with the Trustee Banks Restructing Act 1988. The Trust’s original capital of $3m came from the proceeds of the sale of Westland Bank Ltd. The trust operates under the Community Trusts Act 1999.
The Trust operates under the Community Trusts Act 1999. Its purpose is to manage its investments and apply the income from these investments by way of grants for charitable, cultural, philanthropic, recreational and other purposes to the local government districts of Buller, Grey and Westland.
Policy Objectives
The West Coast Community Trust (WCCT) has a vital role in helping West Coast/Te Tai o Poutini communities to make a Positive Difference by granting financial assistance to qualifying charitable, cultural, philanthropic, recreational and other purposes the government districts of Buller, Grey and Westland.
Policy Outcomes
The Trust is committed to supporting community groups now and into the future and we recognise that funding available for distribution is limited. This policy guides the trustees and staff on how to distribute the funding in a way that maximises the impact and value for the communities the trust serves.
