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 Central Lakes Trust with assets valued at $155 million from the consumer trust OCEPT(Otago Central Electric Power Trust) in November 2000. The Trust has had a significant impact on many community groups since its inception, having approved grants totaling more than $60million to 31 December 2012.
"To enhance assets and enrich lives"
"To make our community a better place to be"
To lawfully make charitable grants for the benefit of the Central Lakes Trust region.
To ensure that applications are assessed and decided upon in an unbiased manner.
To produce a portfolio of grants that is representative of the region's interests and needs.
To be helpful, responsive and accessible to communities within the Central Lakes Trust region.
To prudently manage investments to maximize returns.
Central Lakes Trust is the 100% shareholder in Pioneer Generation which pays an annual dividend to the Trust. This assists the Trust in providing valuable financial support to community initiatives.
For more information about Pioneer Generation follow the link below: