The Research Trust of Victoria University Of Wellington — Education Charity in Wellington
The Research Trust of Victoria University Of Wellington is a Trust charity in the Education sector, based in Wellington, Wellington. Annual revenue: $125.2M NZD. Financial data as at December 2025.
Mission: The Research Trust of Victoria University of Wellington (RTV) was established for the advancement of education and to manage funds acquired for and committed to research and scholarship at Victoria University of Wellington (VUW).
- Registration Number
- CC21718
- Charity Type
- Trust
- Registration Date
- 2008-03-11
- Status
- Active
- Sector
- Education
- Location
- Wellington, Wellington
- fsaccount-team@vuw.ac.nz
- Data as at
- December 2025
Beneficiaries: General public
Financial Summary
- Total Revenue
- $125.2M NZD
- Total Expenses
- $122.9M NZD
- Total Assets
- $105.5M NZD
- Net Assets
- $42.7M NZD
- Reserve Months
- 0.0 months of operating expenses
- Financial Year End
- 2025-12-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 | $125.2M | $122.9M | $42.7M |
| 2024 | $121.4M | $115.2M | $40.5M |
| 2023 | $124.5M | $125.3M | $34.2M |
| 2022 | $114.0M | $113.6M | $35.0M |
| 2021 | $107.3M | $105.5M | $34.6M |
| 2020 | $102.0M | $89.7M | $32.8M |
| 2019 | $87.8M | $85.7M | $20.6M |
| 2018 | $83.7M | $78.7M | $18.5M |
| 2017 | $62.9M | $61.3M | $13.5M |
| 2016 | $56.3M | $55.8M | $11.9M |
Board Members and Officers
Current Officers (3)
| Name | Role | Appointed |
|---|---|---|
| Sally McArthur | Trustee | 2026-04-02 |
| Rachel Bruce | Trustee | 2024-09-16 |
| Professor Bryony James | Trustee | 2023-11-20 |
Former Officers (9)
- Eshan Mesbahi — Trustee (departed 2023-06-30)
- Professor Margaret Hyland — Trustee (departed 2026-01-01)
- Leslie Montgomery — Trustee (departed 2023-12-19)
- Wayne Morgan — Trustee (departed 2019-03-19)
- David Harper — Trustee (departed 2020-07-08)
- James Mercer — Trustee (departed 2018-05-31)
- Kate McGrath — Trustee (departed 2018-04-27)
- Neil Quigley — Trustee (departed 2015-01-23)
- Charles Daugherty — Trustee (departed 2015-06-19)
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Les Montgomery | Trustee | - | 2023 |
| Bryony James | Trustee | - | 2023 |
| Margaret Hyland | Trustee | - | 2023 |
| Margaret Hyland | Trustee | - | 2022 |
| Les Montgomery | Trustee | - | 2022 |
| Les Montgomery | Trustee | - | 2020 |
| Margaret Hyland | Trustee | - | 2020 |
| Ehsan Mesbahi | Trustee | - | 2022 |
Major Funders and Contracts (FY2023)
As disclosed in The Research Trust of Victoria University Of Wellington's annual report.
- Research revenue from non-related entities — $89,968,000 (72.3% of revenue) — Research funding
- Non-related research entities — $89,968,000 (72.3% of revenue) — Research revenue
- Non-related entities — $89,968,000 (72.2% of revenue) — Research revenue
- Related entities (Victoria University of Wellington) — $28,503,000 (22.9% of revenue) — Scholarships funding and research funding
- Victoria University of Wellington — $21,670,000 (17.4% of revenue) — Scholarships funding from related entities
- Scholarship revenue from non-related entities — $1,348,000 (1.1% of revenue) — Scholarship funding
- Non-related entities - Research contracts — $89,968 (72.3% of revenue) — Research revenue
Service Providers
- EY
- ANZ Bank New Zealand Ltd
- Bank of New Zealand
- ANZ Bank New Zealand Ltd
- Bank of New Zealand
- ANZ Bank New Zealand Ltd
- Bank of New Zealand
- McBride Davenport James
- McBride Davenport James
- McBride Davenport James
Similar Charities in Education
- The Hato Paora Trust Board — Education
- Otago Presbyterian Girls' College Board of Governors Incorporated — Education
- Hawksbury Community Living Trust — Education
- Far North Reap Society Incorporated — Education
- Victoria University of Wellington Students Association and Te Aka Tauira Incorporated — Education
The Research Trust of Victoria University Of Wellington
Financial data as at December 2025. Sourced from Charities Services register.
This entity is registered as a charity but functions as a property, trading, or investment vehicle held by a service-delivering parent (a church, school, hospital, professional association, or similar). Its purpose is to hold or trade assets on the parent's behalf — not to deliver programs to public beneficiaries on its own books. The standard charity rating template (program-vs-administration split, reserve-months, fundraising efficiency) doesn't apply at the subsidiary level — those signals are meaningful at the parent level. A letter grade is withheld here rather than producing a misleading F driven by template-fit. Look up the parent charity by name for its rating.
How ratings work →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 3. 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 (Ernst & Young) for 10 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.
$125.2M
$122.9M
$105.5M
Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.
Subsidiary
Special Entity TypeThis organization is a subsidiary or branch of a parent charity.
About
The Research Trust of Victoria University of Wellington (RTV) was established for the advancement of education and to manage funds acquired for and committed to research and scholarship at Victoria University of Wellington (VUW).
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 500 peers · Education (all sizes)
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
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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: 27 September 2026.
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