OtherTrust

Rātā Foundation Limited

CC49724Christchurch, ChristchurchRegistered 12 Sept 2013
Data updated: Today
B-
74/100
Financial
85
Governance
75
Transparency
75
1 red flag identified- Review the Rating tab for details

Endowment Foundation

Special Entity Type

This 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.

About

Mission

Rata Foundation Ltd Company distributes grants to qualifying organisations in the Canterbury, Nelson, Marlborough and Chatham Island regions. The company is engaged in the business of the management and investment of funds in accordance with shareholder policies for charitable purposes, including an investment in a property fund, and makes grants. Grant applications which are received from Charities are evaluated against Rata's funding programme policies.

Key Statistics

Annual Revenue
$24.4M
Total Expenses
$24.3M
Net Assets
$22.5M
Staff
0
employees
Volunteers
0

Contact Details

Address
Christchurch, Christchurch

Registration

Registration NumberCC49724
Entity TypeTrust
Registered12 Sept 2013
StatusRegistered

Sector & Activities

Primary Sector
Other