What is the Acorn Foundation?
The Acorn Foundation has been working in the Western Bay of Plenty region since 2003, connecting generous people who care with causes that matter, forever. Many of our 360 donors have established endowments that leave money to the community when they die, while other donors get a lot of pleasure out of seeing their money at work while they are still alive.
We currently have just over $36m in funds under management with Craigs Investment Partners. The capital in the fund remains intact, while between 3.5% and 5% of the interest is distributed annually to the local community. In 2020, on behalf of our generous donors who contribute through endowments, living giving, Workplace Giving and Giving Circles, the Acorn Foundation is giving away over $1.75M to 157 local grant recipients and scholarship winners.