Published on April 16, 2022 at 11:52
ADDITIONAL FUNDING: The Gisborne branch in St John will benefit from a new endowment fund established through the Sunrise Foundation and launched with an anonymous donation. Left to right, Shane Clapperton (St John Area Operations Manager), Glenda Stokes (Sunrise General Manager), Janine McDiarmid (Sunrise Marketing), Ella van Kregten (St John Emergency Medical Technician), Greg Fisher (St John Area Leader and Support Committee), Ray Stevenson (St John Committee Member), Jackie Clapperton (St John Nurse Practitioner) and Maree Donaldson (St John Committee Member). Photo provided
A MYSTERY benefactor has stepped forward to launch a new endowment fund which it is hoped will ensure the sustainability of operations from St John to Gisborne, bolstering the long-term financial stability of the local branch.
The Sunrise Foundation was approached by an anonymous donor who provided seed funding to launch the St John Gisborne-Tairāwhiti Endowment Fund.
The donor said she wanted to honor the memory of all the mums, dads, brothers and sisters who volunteered and set up St John’s local service in the first place.
Since receiving the initial donation, Sunrise chief executive Glenda Stokes said she and the donor had identified other interested parties and the fund was off to a good start.
“It was the strength of the foundation’s endowment model that attracted these donors and knowing that all the money they gave stayed local,” said Glenda Stokes.
“Endowment funds differ from others in that the full amount donated is invested and protected for the long term, with a portion of the income earned going to the chosen charity each year. The remaining income is added to the capital to ensure that the fund grows in line with inflation.
“In this regard, an endowment is a gift that keeps on giving and St John Gisborne-Tairāwhiti are delighted to know that they are guaranteed a grant from Sunrise every year forever.”
St John committee member Maree Donaldson said she was very grateful to the donors for setting up the fund.
“Knowing that we will receive a little extra funding every year forever is amazing.”
Glenda Stokes said St John was a appreciated service.
“These anonymous donations show how much they resonate in our community.”
If you would like to help secure St John Gisborne for generations to come, you can visit the Sunrise Foundation website to set up an automatic payment to the fund or make a lump sum donation.
“Or, if you’d like to learn more about leaving a bequest in your will, the Sunrise team is always happy to chat,” said Glenda Stokes.
“We think a lot of people in our community would like to donate to St John, but are concerned that the money will go to the national body rather than staying local.”