top of page

About our Trust

Central Lakes Trust (CLT) is a charitable organisation dedicated to supporting good causes within the Central Lakes district.

Plant a Tree

Central Lakes Trust

Making our community a better place.

Our Mission

We enhance assets and enrich lives by supporting our community.

Our Values

Service Title

Be Prudent

Acting with wisdom and care to enhance the social and financial value of the Trust.

Service Title

Be Fair

Being impartial.

Service Title

Be Open

Being transparent, approachable and collaborative.

Service Title

Be Proactive

Making things happen by identifying needs and opportunities and, when necessary, initiating change.

Service Title

Have Integrity

Doing things well through good judgement, sound ethics, professionalism and consistency.

Service Title

Be Collaborative

Working with others to identify priorities, improve performance and achieve great outcomes.

This area, which spans much of both Central Otago and Queenstown Lakes, was originally defined by the our original benefactor, the Otago Central Electric Power Trust. As a charitable trust, our primary focus is to distribute funds for a diverse array of charitable initiatives that enrich the communities across this vibrant region.

We are one of  the largest philanthropic trusts per capita in the Southern Hemisphere. Our purpose is to ensure it can be available over time to help support charitable projects throughout Central Lakes; to enhance the community and the lives of the people within.

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 $459 million, as at FYE 31 March 2023.

Our investment portfolio

CLT is the proud owner of Pioneer Energy, which comprises approximately 39% of its assets, while the remainder is made up of a diversified portfolio of investments including a range of national and international investments, in three asset classes:

  • Growth assets (Australasian shares, global shares, property and private equity);

  • Alternative assets (primarily global infrastructure investments);

  • Income assets (NZ bonds, cash and housing loans);

together valued at $459 million at 31 March 2023.

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.

Our mission is to enhance assets and enrich lives to fulfil our vision to make the community a better place.

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 $137.7 million (FYE 31 March 2023) 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.

bottom of page