Adam Foundation — Arts & Culture Charity in Wellington
Adam Foundation is a Charitable Trust charity in the Arts & Culture sector, based in Wellington, Wellington. This organisation also provides funding to other charities. CharityData rates this charity B- (74.3/100). Annual revenue: $0.4M NZD. Financial data as at March 2025.
Mission: Encourage artistic endeavours, especially among young people.
- Registration Number
- CC10345
- Charity Type
- Charitable Trust
- Registration Date
- 2007-05-24
- Status
- Active
- CharityData Rating
- B- (74.3/100)
- Sector
- Arts & Culture
- Location
- Wellington, Wellington
- alasdair.mcbeth@dlapiper.com
- Funder Status
- Grant-making charity (foundation)
- Data as at
- March 2025
Beneficiaries: Children / young people, General public
Financial Summary
- Total Revenue
- $0.4M NZD
- Total Expenses
- $1.3M NZD
- Total Assets
- $7.2M NZD
- Net Assets
- $7.2M NZD
- Reserve Months
- 1.3 months of operating expenses
- Financial Year End
- 2025-03-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 | $0.4M | $1.3M | $7.2M |
| 2024 | $0.4M | $0.5M | $8.0M |
| 2023 | $0.2M | $1.5M | $7.1M |
| 2022 | $0.9M | $1.2M | $8.4M |
| 2021 | $0.2M | $1.3M | $7.3M |
| 2020 | $0.8M | $1.2M | $7.3M |
| 2019 | $0.3M | $0.2M | $7.7M |
| 2018 | $5.4M | $0.2M | $7.6M |
| 2017 | $0.2M | $0.2M | $2.4M |
| 2016 | $0.2M | $0.2M | $2.3M |
CharityData Rating
- Overall Grade
- B-
- Overall Score
- 74.3/100
- Financial Score
- 82.5
- Governance Score
- 55
- Transparency Score
- 65
Board Members and Officers
Current Officers (5)
| Name | Role | Appointed |
|---|---|---|
| Matthew Prosser | Trustee | 2026-02-13 |
| Alasdair McBeth | Trustee | 2018-03-09 |
| Hon Christopher Finlayson | Trustee | 2017-12-19 |
| Christopher Finlayson | Trustee | 2017-12-19 |
| Verna Ruth Adam | Trustee | 2007-04-11 |
Former Officers (6)
- Barbara McKerrow — Trustee (departed 2026-02-12)
- Kevin Lavery — Trustee (departed 2020-09-02)
- Denis Frederick Adam — Chair of Trustees (departed 2017-12-19)
- Christopher Francis Finlayson — Trustee (departed 2010-06-28)
- David Carson-parker — Trustee (departed 2012-10-21)
- Garry Keith Poole — Trustee (departed 2013-03-31)
Similar Charities in Arts & Culture
- Kati Huirapa Runaka Ki Puketeraki Incorporated — Arts & Culture
- Maoriland Charitable Trust — Arts & Culture
- Ngāti Kahungunu ki Tāmaki-nui-a-Rua — Arts & Culture
- Christchurch Symphony Trust — Arts & Culture
- Wanganui Amateur Musical and Dramatic Society Incorporated — Arts & Culture
Adam Foundation
Financial data as at March 2025. Sourced from Charities Services register.
Reasons to look carefully (1)
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 4. 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.
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.
$417.3K
$1.3M
$7.2M
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
Encourage artistic endeavours, especially among young people.
Who We Serve
Key Statistics
Financial Trends
Financial Trends (19 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 102 peers · Arts & Culture · $100K – $1M
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
Rating History
Rating
B-Is this your charity?
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FY2024Contact Details
Registration
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: 4 October 2026.
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