Who we are
The Acorn Foundation is one of 18 community foundations across Aotearoa New Zealand that provide a unique way of charitable giving.
Our Smarter Giving Model involves pooling and collectively investing our donors’ funds, so that the capital in the fund remains intact, while a portion of the income is distributed annually to the local community. This means that our donors’ gifts continue to give back to causes close to their hearts, forever.
Many of our 450+ donors have set up endowments that leave money to the community when they die, while other donors get a lot of pleasure out of seeing their money at work while they are still alive. Donors can choose to support the community through local charitable organisations in the WBOP or by establishing scholarships and awards.
Our story
The Acorn Foundation has been connecting generous people with causes that matter in the Western Bay of Plenty region since 2003.
Acorn Foundation’s first ever endowment fund was gifted by the late Edna Brown in 2003. 21 years later, we now have over $70M in funds under management and have collectively distributed over $19.5M to the community, with over $3.2M distributed in 2024 alone. This funding has supported hundreds of charitable organisations that are important to our donors and are vital to our region’s well-being.
2003
Edna Brown leaves Acorn’s first endowment fund and the Acorn Foundation is established with Bill Holland as Chair.
2006
The Colin Toop Fund, in memory of Patricia and Clive Toop, sees Acorn’s fund pass $1M in investments.
2007
Tauranga HELP Trust transfers their assets to Acorn as the Tauranga HELP Fund
2008
Acorn has distributed over $200,000 to charities and community groups in the BOP.
2009
The Page Acorn Scholarships for engineering apprentices are launched, thanks to donors Bob and Pat Page.
2010
Acorn reaches 100 donor funds and celebrates the milestone with an event featuring John Key as keynote speaker.
2011
Sally Morrison replaces Bill Holland as Chair.
2012
Fund count grows quickly, with 172 endowment funds and $6.7M invested.
2013
Acorn celebrates 10 years by establishing the Acorn Foundation Memorial Oak Grove to honour donors who have died.
2014
Glenn Keaney takes over from Sally Morrison as Acorn Chair; the fund reaches $10M.
2015
Acorn launches New Zealand’s first Vital Signs® research to better understand our community’s needs.
2016
The first Acorn Foundation Fiction Prize is awarded at the NZ Book Awards to Stephen Daisley.
2017
Acorn has now supported more than 200 local charities in the WBOP.
2018
Acorn celebrates its 15th birthday; meanwhile, the fund passes $20M with 300 donor funds.
2019
The fund reaches $30M in investments and distributes over $1M to the community for the first time. Lesley Jensen replaces Glenn Keaney as Chair.
2020
Acorn collaborates with other local funders to establish the WBOP COVID-19 Rapid Response Fund.
2021
Acorn distributes more than $2M to the community this year, taking collective distributions since inception to over $10M.
2022
Acorn acquires 30 new donor funds this year and distributes a further $3 million to the community.
2023
Acorn celebrates its 20th Birthday with a photo exhibition on The Strand, Tauranga and has gifted $16.5M to the region since its inception.
Our vision
A thriving community where people have dignity, opportunity and a sense of well-being.
Our purpose
We connect people and resources with the aspirations and causes that matter to our community.
Our values
- We have integrity
- We are prudent
- We are respectful
- We are dedicated
- We are curious
Our commitment to Te Tiriti o Waitangi
We recognise the role of Te Tiriti o Waitangi/The Treaty of Waitangi as the foundational document for Aotearoa New Zealand and we recognise that the principles in Te Tiriti must guide and inform our practice, both individually and collectively. We are committed to growing our Te Ao Māori knowledge and our understanding of what it means to authentically work in partnership with Māori in communities.
“Establishing an endowment fund is like having your own charitable trust without all the hassle. It enables clients to focus on their giving and the causes that they care about, and it enables them to give for the long-term.”
– Bill Holland, Founder of Acorn Foundation and Consultant at Holland Beckett Law
“Many people have philanthropic aspirations and the Acorn Foundation provides a simple model to enable them to realise those – forever. I look forward to watching Acorn’s momentum continue to build in the future.”
– Matt Tustin, Partner, Cooney Lees Morgan
We’re part of a network of 18 Community Foundations that have been growing across Aotearoa New Zealand since 2003.
Through our national body, Community Foundations of Aotearoa
New Zealand, we’re all working to make a lasting difference in our local communities. Our aim is for every New Zealander to be able to affect lasting change wherever their home or heart may be.
There are 17 other Community Foundations in our network operating in locations across New Zealand. You can find out more information about each of them and links to their websites here. The concept of pooling and investing charitable donations for the good of a local area has been a global movement for over a hundred years now.
It works for everyday people because you don’t have to be wealthy to make an impact. Find out how your gift can make a difference through our Smarter Giving Model.
In the past 5 years, collectively we have granted more than $60M to communities across the country and today, we have over $240M invested in endowment funds for the future. With hundreds of bequests yet to be invested, and our smarter giving model protecting the original gifts, the potential good we can do in future is huge.
Newsletters
Keep up to date with your community news in The Acorn, our official newsletter.
Learn about who we’ve helped
Find out how to make your charitable giving go further