What’s the purpose of the ECT?
A. The ECT exists to create community wealth. It was established to preserve the value of the Trust Fund and provide for the people of Gisborne by paying and subsidising the installation, maintenance, or supply of electricity to areas of the district that have excessive charges. It also exists to support initiatives which are likely to encourage or sustain economic growth within the district.
What’s the Trust Deed?
A. The Trust Deed is the governing document of the ECT. It outlines the purpose of the Trust, and the responsibilities and powers of the Trustees. All decisions made by the Trustees must take into consideration the clauses in the Trust Deed.
What’s a community initiative project?
A. This is a project that has a significant benefit to a substantial number of people in the community. They are for a minimum of $5,000 and a maximum of 20% of ECT’s total project funding budget for the year in which the project is submitted. Some community initiatives may attract Trust investment on a less than commercial return basis if the project has a significant impact on the community to justify the investment.
The ECT has relationships with some of Gisbornes leading economic driving forces. Find out more about Eastland Group, Gisborne District Council and the Trust Deed.
Find annswers to some of the most commonly asked questions to do with funding. From Grants and Projects to Sponsorship and Events.
There are many projects and initiatives in Gisborne that benefit the overall community. Many of which have a significant impact. Find out more about Project Initiatives, Transformational Projects and how to apply for funding.
