| The Central Lakes Trust
was established to grant funds for community charitable purposes.
The Trust fund was created when the Otago Central Electric
Power Board bestowed the Central Lakes Trust with assets valued
at $155 Million from the consumer trust OCEPT in November
2000.
The Trust has had a significant impact on many community
groups since its inception, having approved grants totalling
almost $39 million in the seven years to 31 March 2008.
During the past year, the Trust approved approximately $6
million in grants to Community Groups in the Central Lakes
Trust district.
Full details are highlighted in the 2007-2008
Annual Report.
Full
Financial Statements 2007-2008, Notes
to the Financial Statements and Audit
Report are also available. |