Transformational and community initiative funding

Gisborne town clock by night a title St Andrews fundraiser

Transformational and community initiative funding

The application process

If you wish to apply for transformational or community initiative funding you need to submit a comprehensive proposal.

It will take approximately three months for the Trust to make a decision. During this time you may be contacted to provide more information.

What you need

Your comprehensive proposal should address the following seven areas.

  1. Purpose of the project and who will benefit.
  2. Business case including location, resources required, community need and benefit, economic benefit, SWOT analysis (Strengths, weaknesses, opportunities, threats).
  3. Financial analysis including cost/benefit analysis, capital costs, operating costs, cash flow, returns.
  4. Governance and management including organisational structure, involvement of ECT and other partners, financial control (taxation, audits).
  5. Timeline including sustainability of the project.
  6. Synergy with other community projects.
  7. Communication including reporting to ECT, annual financial and operations report, evaluation report on project.
What we look for

Projects will be assessed on their contribution to the community’s quality of life and impact on the Gisborne district’s economy.

In determining the priority of projects competing for funding, preference shall be given to projects which can provide a commercial return and are likely to encourage or sustain economic growth within the district.  

Projects that are not financially viable will be considered if it has such community benefit that the trustees approve it regardless of its cost-benefit analysis.

Applications will also not be considered where:

  • The applicant has a political objective;
  • The application is for debt repayment or refinancing of existing loans;
  • Information requested is not to the Trustee’s satisfaction;
  • The project is an established commercial activity.