Acorn Foundation makes record distribution

This month the Acorn Foundation is celebrating a record contribution of over $2M to the Western Bay of Plenty community – the Foundation’s largest annual distribution to-date.

Nearly 200 local charities, community groups and scholarship winners will receive a share of this funding – all thanks to generous local donors who believe in the Foundation’s model of investing the capital of a donation in perpetuity and distributing the returns to the community, year after year.

This year’s record distribution means Acorn has contributed more than $10M to the region since its inception in 2003, supporting hundreds of charitable organisations doing vital work in our community – a testament to the success of the community foundation model.

Acorn Foundation CEO, Lori Luke told us, “We’re incredibly grateful to all of our donors and supporters, including the invaluable support from local businesses, whose generosity and commitment to our mission has enabled the Acorn Foundation to make this significant contribution to our community.

“Our thanks go to all the local firms who support us – and our community – via workplace and corporate giving, as well as participation from local law firms during our September ‘Wills Month’.”Eighteen local law firms have partnered with Acorn Foundation for Wills Month, to allow clients to make a simple change to an existing Will to include a gift to Acorn – for free.

For a list of participating law firms and more information, head to www.acornfoundation.org.nz


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