Core funding criteria
- An individual must be able to demonstrate to the satisfaction of Trustees that he or she is a resident of the Greytown District. Likewise, an organisation must be based within the Greytown District or, if not, be able to demonstrate that it operates within the Greytown District and provides a service or benefit to Greytown District residents.
- The purpose for which a grant is requested and may be awarded must be consistent with the purposes on which the trusts on land owned and managed by the Trust are held, as set out in section 13 of our Act.
How we determine the annual dividend
A similar outcome may also result from a decision to amend our strategic funding priorities.
Accordingly, even where eligibility is established and the criteria relevant to each grant category are met, the award of grants remains entirely at our discretion.
The allocation process
Having determined the level of annual community dividend we allocate the available funding between the purposes we wish to support based on our strategic priorities. In the way that the purposes are defined, through the use of grant categories, prospective grant recipients are able to understand which grant is applicable to the circumstances for which they are seeking financial assistance.
The funds we agree to set aside each financial year for distribution from these various grant categories are either subject to a competitive application process or, where considered appropriate for strategic reasons, automatically awarded to specific recipients.