Bay Trust

Bay of Plenty Community Trust (BayTrust) was initially incorporated on 5 August 1988 as the Trust Bank Bay of Plenty Community Trust in accordance with the provisions of the Trustee Banks Restructuring Act, 1988.  It continues under the provisions of the Community Trusts Act, 1999.  The purpose of the Trust, as outlined in its Trust Deed, is to provide charitable, cultural, philanthropic, recreational, and other benefits to Bay of Plenty communities.  The Trust’s region extends from Katikati to Tūrangi to Te Kaha and includes the Eastern and Western Bay of Plenty, Rotorua and Taupō districts.  The Trust’s Kaupapa ensures that we deeply incorporate our commitments to Te Tiriti Waitangi and being climate responsible in everything we do.

BayTrust is governed by a Board of up to 12 Trustees who are appointed by the Minister of Finance for terms of four years to represent the BOP region and who are supported by six full time staff members.  The Board’s principal responsibilities are to invest the assets of the Trust in a range of diversified investments designed to sustainably deliver returns over the long term, whilst reserving for inflation and population growth and then distribute these returns in the most impactful way as possible throughout the Trust’s region in order to achieve the Trusts Purpose “to accelerate bold meaningful change, assisting BOP communities and the environment to flourish”.  In meeting this responsibility, the Board approves the adoption of appropriate strategies, objectives and budgets and reviews the performance of the Trust against these objectives.