Benefits of resettling your Trust or Society with Sunrise Foundation
- No loss of identity or purpose. Retain the same name and mission but let us do the hard work.
- A tailored plan that honours your original intentions and gives you the level of control and involvement you want moving forward.
- Grants are distributed every year, forever – creating a permanent funding stream for the causes you are passionate about.
- Our strong community ties ideally place us to identify new beneficiaries.
- Avoid the legal burdens and liabilities created by the recent Trust Act changes.
- Avoid increased administration and reporting requirements (and their costs).
- Annual updates (from Named funds) ensure you (and your descendants) keep track of your fund’s earnings and the distributions that have been made.
- Sunrise Foundation makes sure the transfer process is simple and painless.
Our team is happy to answer any questions you may have and talk you through the process.
Surf Lifesaving Gisborne fund for the future
When Surf Lifesaving Gisborne Charitable Trust (SLGCT) wound up in 2017 they established the Surf Lifesaving Gisborne Endowment Fund at Sunrise.
SLGCT was formed in 2010 when our local district lifesaving association was dis-established and centralised, with the purpose of providing long term support to the surf lifesaving movement in Gisborne.
When Sunrise was launched in 2014 the SLGCT trustees saw a number of similarities and strong synergies between the objectives of Sunrise and those of the Trust. They saw a substantial benefit from the professional administration and investment, and concise and prescribed granting process, that Sunrise offered.
Local clubs have input into how the fund’s income is distributed and can advise the Sunrise Grants Committee on grants, which will ensure future generations get fair and equitable considerations for funding.
Hearing Assistance Fund
The Gisborne Hearing Association closed in 2016 after nearly 70 years advocating for and assisting those with hearing impairments. The Association’s work continues through the Hearing Assistance Fund at Sunrise, which was established with the residue funds of the long running association, and will keep supporting those with hearing difficulties in Tairāwhiti-Gisborne forever.
The Sunrise Hearing Assistance Fund invites applications for grants from individuals who are hearing impaired and organisations that are involved in education or projects which help hearing impaired people. Applications are accepted throughout the year, with no specified due date.
“We used to have a membership of 75 as well as a waiting list. But lots of factors have meant our numbers are now much smaller and our most of our members are elderly. Transferring our remaining funds to Sunrise has been a straightforward process.”