Rātā Foundation Limited
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.
About
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.
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