Many mighty oaks have been growing thanks to Acorn. Recently, the Acorn Foundation surpassed the $20 million mark in total distributions to the Western Bay of Plenty community since its founding in 2003.
The generosity of more than 700 local donors has contributed to the Acorn Foundation’s lasting legacy in the BOP region, with $3.2 million donated in 2024 alone.
“Small acts of giving can make a big difference,” Acorn’s CEO Lori Luke confirms. “The Acorn Foundation is living proof of that. Our donors’ contributions have ranged from $10 to substantial estates, and we value each and every donation. Through our foundation, these donors enable meaningful, collective impact that is transforming our community.”
Donations are invested with the returns distributed annually to community causes.
“This multi-generational approach truly has a lasting impact. Donors can address the needs of today while also supporting the community of tomorrow.”
Donors can either establish endowments in their wills or support charities and other causes close to their hearts or through scholarships and awards during their lifetime. The foundation’s first endowment came from the late Edna Brown in 2003. It was the first personal endowment fund in the Community Foundations of Aotearoa New Zealand network. This fund has now distributed more than the original gift amount while growing its capital base by nearly 50 per cent, Luke confirms.
“Edna’s fund supports medical treatment or conditions that affect locals in our region. It has supported improved wellbeing in the region, reaching 14 organisations.”
Supporting hundreds of charitable organisations, funds have been vital to the region’s wellbeing, addressing food security, elder care, youth development, environmental preservation, cultural heritage and more, Luke adds.
“Acorn’s ability to support this region is thanks to the extraordinary generosity of our donors. We welcome anyone who would like to join this growing community of givers who are helping build a stronger Western Bay of Plenty.”
To become a donor visit www.acornfoundation.org.nz.
