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Foundation announces strong financial growth

Otago Daily Times Online News·Friday, 1 May 2026·about 1 month ago
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The Clutha Foundation has announced heartening news for local good causes. During its recent annual meeting, the foundation announced it had almost doubled its funds under management, to $2.5 million, in a single year. The strong growth was celebrated by donors, grant recipients and the public at the meeting, where chairman Bill Thomson highlighted the foundation’s financial position. "As at 31 March 2026, funds under management totalled $2.5m, a significant increase from last year’s $1.4m," he said. "[This] enabled grants to charitable causes in the Clutha District totalling $49,000, bringing our total grants . . . since 2020 to approximately $319,000." The meeting featured a panel discussion with Thomas Lee, of Tokomairiro High School, and Thomas Christie, of Blue Mountain College. The pair were recipients of the 2025 Lyddon Scholarship which enables one student from each of the district’s five secondary schools to attend the Blue Light Life Skills Camp.…

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