Acorn Foundation — Health Charity in Tauranga
Acorn Foundation is a Trust charity in the Health sector, based in Tauranga, Tauranga. This organisation also provides funding to other charities. CharityData rates this charity B- (71.8/100). Annual revenue: $41.7M NZD. 1 red flag detected. Financial data as at June 2025.
Mission: Our vision is to connect generous people who care with causes that matter - forever. Our mission is to make the Western BOP a better place to live, work and play. We accomplish our goals by encouraging people to leave a gift in their Will, to participate in living giving, or to give to the community through Workplace Giving, Giving Circles or regular gifts to Community Group Funds. The capital in the fund is invested in perpetuity, while annual distributions are made from individual's endowment funds to local causes. At the heart of everything we do is building strong communities.
- Registration Number
- CC10784
- Charity Type
- Trust
- Registration Date
- 2007-08-06
- Status
- Active
- CharityData Rating
- B- (71.8/100)
- Sector
- Health
- Location
- Tauranga, Tauranga
- info@acornfoundation.org.nz
- Funder Status
- Grant-making charity (endowment)
- Data as at
- June 2025
Beneficiaries: Other charities
Financial Summary
- Total Revenue
- $41.7M NZD
- Total Expenses
- $5.5M NZD
- Total Assets
- $107.0M NZD
- Net Assets
- $106.6M NZD
- Reserve Months
- 5.8 months of operating expenses
- Staff Count
- 8
- Volunteers
- 0
- Financial Year End
- 2025-06-30
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 | $41.7M | $5.5M | $106.6M |
| 2024 | $10.8M | $3.9M | $70.4M |
| 2023 | $10.9M | $3.8M | $63.4M |
| 2022 | $8.7M | $5.9M | $56.4M |
| 2021 | $19.1M | $1.8M | $53.6M |
| 2020 | $8.2M | $1.8M | $36.4M |
| 2019 | $8.3M | $1.4M | $30.0M |
| 2018 | $5.7M | $1.3M | $23.1M |
| 2017 | $3.3M | $0.8M | $18.7M |
| 2016 | $3.3M | $0.8M | $15.9M |
CharityData Rating
- Overall Grade
- B-
- Overall Score
- 71.8/100
- Financial Score
- 89
- Governance Score
- 65
- Transparency Score
- 85
Red Flags
- 2 trustees of this charity also sit on multiple other charity boards — concentrated trustee bandwidth may warrant board-skill-mix review.
Board Members and Officers
Current Officers (10)
| Name | Role | Appointed |
|---|---|---|
| Stephen Napier | Trustee | 2025-05-19 |
| Saima Anis | Trustee | 2025-03-01 |
| Ryan McFadden | Trustee | 2024-07-01 |
| Keri Welham | Trustee | 2023-11-27 |
| Elizabeth Holm | Trustee | 2022-11-21 |
| Marcia Murray | Trustee | 2021-07-26 |
| Larry Bilodeau | Trustee | 2020-12-10 |
| Michelle Malcolm | Trustee | 2019-11-18 |
| Patricia Jones | Trustee | 2019-03-18 |
| Lori Luke | CEO | 2018-05-21 |
Former Officers (28)
- Beppie Holm — Trustee (departed 2022-11-21)
- Carlo Ellis — Trustee (departed 2023-09-11)
- Brian Cloughley — Trustee (departed 2024-05-28)
- Michael Attwood — Trustee (departed 2024-06-30)
- Graeme Horsley — Trustee (departed 2021-02-02)
- Anthony Ririnui — Trustee (departed 2021-02-16)
- Lesley Jensen — Trustee (departed 2023-11-27)
- Peter Tinholt — Trustee (departed 2022-11-21)
- Jane Nees — Trustee (departed 2021-11-22)
- Nancy Hogg — Trustee (departed 2019-02-18)
- Andrew Cameron — Trustee (departed 2020-11-17)
- John Calder — Trustee (departed 2015-05-05)
- Glenn Keaney — Trustee (departed 2019-11-18)
- Richard Cashmore — Trustee (departed 2013-03-17)
- Matthew Tustin — Trustee (departed 2016-05-16)
- Jan Hickson — Trustee (departed 2013-11-22)
- Paul Washer — Trustee (departed 2010-04-19)
- Ross Paterson — Trustee (departed 2012-10-15)
- Carolyn Port — Trustee (departed 2015-05-18)
- Tracey Leanne Rea — Trustee (departed 2014-11-17)
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Lori Luke | CEO | $395,433 | 2022 |
| Trish Jones | Trustee | - | 2023 |
| Brian Cloughley | Trustee | - | 2023 |
| Rohario Murray | Trustee | - | 2023 |
| Trish Jones | Trustee | - | 2021 |
| Brian Cloughley | Trustee | - | 2022 |
| Sarah Johnson | Operations Coordinator | - | 2021 |
| Emily Goulding | Marketing & Events Specialist | - | 2022 |
| Sarah Johnson | Operations Coordinator | - | 2022 |
| Rohario Murray | Trustee | - | 2024 |
| Jane Nees | Trustee | - | 2021 |
| Lori Luke | General Manager | - | 2021 |
| Margot McCool | Donor & Community Engagement Manager | - | 2021 |
| Carlo Ellis | Trustee | - | 2024 |
| Keri Welham | Trustee | - | 2024 |
| Michael Attwood | Trustee | - | 2024 |
| Beppie Holm | Trustee | - | 2024 |
| Michelle Malcolm | Chair | - | 2024 |
| Larry Bilodeau | Trustee | - | 2022 |
| Lesley Jensen | Chair | - | 2021 |
| Carlo Ellis | Trustee | - | 2023 |
| Lesley Jensen | Chair | - | 2023 |
| Larry Bilodeau | Trustee | - | 2023 |
| Michael Attwood | Trustee | - | 2023 |
| Beppie Holm | Trustee | - | 2023 |
| Frances Mole | Foundation Assistant | - | 2022 |
| Lesley Jensen | Chair | - | 2022 |
| Jo Wilson | Communications & Events Coordinator | - | 2021 |
| Peter Tinholt | Deputy Chair | - | 2021 |
| Larry Bilodeau | Trustee | - | 2021 |
| Michael Attwood | Trustee | - | 2022 |
| Rohario Murray | Trustee | - | 2022 |
| Michael Attwood | Trustee | - | 2021 |
| Michelle Malcolm | Trustee | - | 2021 |
| Jo Wilson | Donor Relations & Scholarship Coordinator | - | 2022 |
| Trish Jones | Trustee | - | 2022 |
| Michelle Malcolm | Deputy Chair | - | 2023 |
| Larry Bilodeau | Deputy Chair | - | 2024 |
| Margot McCool | Donor & Community Engagement Manager | - | 2022 |
| Carlo Ellis | Trustee | - | 2022 |
| Brian Cloughley | Trustee | - | 2024 |
| Trish Jones | Trustee | - | 2024 |
| Lesley Jensen | Trustee | - | 2024 |
Major Funders and Contracts (FY2022)
As disclosed in Acorn Foundation's annual report.
- St John Ambulance Te Puke — Replacement ambulance fund distribution
Service Providers
- Lellman Wearne Limited
- William Buck
- William Buck Audit (NZ) Limited
- Bank of New Zealand Limited
- Bank of New Zealand Limited
- ASB
- Bank of New Zealand
- Bank of New Zealand
- Lellman Wearne Limited
- Craigs Investment Partners
- Craigs Investment Partners
- Burley Castle Hawkins
- Burley Castle Hawkins
Similar Charities in Health
- Age Concern Canterbury Incorporated — Health
- Ronald McDonald House Charities New Zealand Trust — Health
- Bidwill Trust Hospital — Health
- Te Poho o Rawiri Marae — Health
- ANZUP Cancer Trials Group Limited — Health
Acorn Foundation
Financial data as at June 2025. Sourced from Charities Services register.
Reasons to look carefully (2)
These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.
- No chair recorded on the registerNo chair or presiding role is recorded in the register for this board of 10. The Charities Register does not require one to be identified, so this is a gap in the public record rather than a finding about the board.
- Same audit firm for many yearsSame audit firm (William Buck Audit (NZ) Limited) for 5 consecutive years — best practice rotates audit firms periodically to refresh independent oversight
Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.
$41.7M
$5.5M
$107.0M
8
Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.
Endowment Foundation
Special Entity TypeThis is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.
Rating Note: Endowment foundations are rated using specialized criteria that recognize high reserves as appropriate. Metrics like grant distribution rate and investment returns are prioritized over program spending ratios.
Funder Profile
GrantmakerThis organisation makes grants or donations to other charities and organisations.
About
Our vision is to connect generous people who care with causes that matter - forever. Our mission is to make the Western BOP a better place to live, work and play. We accomplish our goals by encouraging people to leave a gift in their Will, to participate in living giving, or to give to the community through Workplace Giving, Giving Circles or regular gifts to Community Group Funds. The capital in the fund is invested in perpetuity, while annual distributions are made from individual's endowment funds to local causes. At the heart of everything we do is building strong communities.
Who We Serve
Key Statistics
Financial Trends
Financial Trends (18 Years)
Revenue Breakdown
Expense Breakdown
API DataBased on annual return data. Detailed program/admin breakdown not available.
Financial Health Dashboard
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 10 peers · Health · $10M – $50M
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
Rating
B-Is this your charity?
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Registration
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Sector & Activities
Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 28 September 2026.
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