About our Trust
Central Lakes Trust (CLT) is dedicated to supporting charitable organisations within our funding region.
Central Lakes Trust
Making our community a better place.
Our Mission
We enhance assets and enrich lives by supporting our community.
Our Values
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Be Prudent
Acting with wisdom and care to enhance the social and financial value of the Trust.
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Be Fair
Being impartial.
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Be Open
Being transparent, approachable and collaborative.
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Be Proactive
Making things happen by identifying needs and opportunities and, when necessary, initiating change.
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Have Integrity
Doing things well through good judgement, sound ethics, professionalism and consistency.
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Be Collaborative
Working with others to identify priorities, improve performance and achieve great outcomes.
The CLT funding region, which spans much of both Central Otago and Queenstown Lakes, was originally defined by our original benefactor, the Otago Central Electric Power Trust. As a charitable trust, our primary focus is to distribute funds to a diverse array of charitable initiatives that enrich the communities across this vibrant area.
Since its inception in November 2000, CLT has grown its asset base from the $155 million settled by the Otago Central Electric Power Trust to assets totalling $495 million, as at FYE 31 March 2024.
Our investment portfolio
CLT is the proud owner of Pioneer Energy, which comprises approximately 35% of its assets, while the remainder is made up of a diversified portfolio of investments including a range of national and international investments:
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Income Assets (23%)
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Australasian Equities (9%)
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Global Equities (23%)
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Private Equities (8%)
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Property (2%)
together valued at $495 million at 31 March 2024.
CLT has a percentage of funds invested in social impact investments; which in addition to a rate of return offer significant benefit to the community. We continue to proactively seek these opportunities.
We strive to be an innovative, solution-focused organisation, proactively addressing the changing charitable needs of our region in collaboration with our stakeholders and our communities.
We endeavour to ensure we are well positioned to maintain our fund in perpetuity and respond to future challenges. We are committed to making smart decisions that will protect and grow our investments, as well as continuing to play a pivotal role in the long-term future of our communities.
We have distributed more than $146.6 million (FYE 31 March 2024) in grants into a wide range of charitable community projects and services throughout the Central Lakes area.
As a Charitable Trust CLT can only fund organisations who are registered with Charities Services, Educational providers, Regional and Territorial Authorities, and the programme or project must have a charitable purpose. The extent of community benefit determines the funding level.