Foundation North Grants Limited — Community Development Charity in Auckland
Foundation North Grants Limited is a Trust charity in the Community Development sector, based in Auckland, Auckland. This organisation also provides funding to other charities. CharityData rates this charity B (76.8/100). Annual revenue: $72.5M NZD. Financial data as at March 2026.
Mission: Charitable company providing grants to communities in Auckland and Northland, on the advice of its parent, Foundation North.
- Registration Number
- CC38999
- Charity Type
- Trust
- Registration Date
- 2008-06-30
- Status
- Active
- CharityData Rating
- B (76.8/100)
- Sector
- Community Development
- Location
- Auckland, Auckland
- liam.sheridan@foundationnorth.org.nz
- Funder Status
- Grant-making charity (foundation)
- Data as at
- March 2026
Beneficiaries: Children / young people, Family / whanau, Older people, Other charities, People of a certain ethnic / racial origin, People with disabilities, Religious groups, Voluntary bodies other than charities, Other - All
Financial Summary
- Total Revenue
- $72.5M NZD
- Total Expenses
- $72.5M NZD
- Total Assets
- $60.9M NZD
- Net Assets
- $0.0M NZD
- Reserve Months
- 0.0 months of operating expenses
- Financial Year End
- 2026-03-31
Financial History
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2026 | $72.5M | $72.5M | $0.0M |
| 2025 | $68.9M | $68.9M | - |
| 2024 | $52.1M | $52.1M | - |
| 2023 | $71.0M | $71.0M | - |
| 2022 | $52.7M | $52.7M | - |
| 2021 | $50.9M | $50.9M | - |
| 2020 | $48.1M | $48.1M | - |
| 2019 | $39.1M | $39.1M | - |
| 2018 | $50.1M | $50.1M | - |
| 2017 | $36.4M | $36.4M | - |
CharityData Rating
- Overall Grade
- B
- Overall Score
- 76.8/100
- Financial Score
- 77.5
- Governance Score
- 75
- Transparency Score
- 85
Board Members and Officers
Current Officers (4)
| Name | Role | Appointed |
|---|---|---|
| Martin Cleave | Deputy Chair | 2026-06-01 |
| Philip Crump | Chair | 2026-06-01 |
| Tevita Funaki | Director/trustee | 2026-05-25 |
| Maxine Shortland | Director/trustee | 2026-05-25 |
Former Officers (28)
- Ngaire Pehi — Director (departed 2026-06-30)
- Harold Titter — Director
- Walter Wells — Director
- Michelle G Sen Tsui — Director (departed 2026-06-30)
- David Whyte — Director (departed 2024-07-08)
- Peter Tynan — Ceo, Foundation North (departed 2025-08-04)
- Bhavdeep Dhillon — Director (departed 2021-08-16)
- Christopher Severne — Director (departed 2021-08-16)
- Kim Wright — Director (departed 2020-09-07)
- Melanie Hewitson — Director (departed 2020-09-07)
- Mark Brickell — Director (departed 2018-06-29)
- John Slater — Director (departed 2020-09-07)
- Liam Sheridan — Head of Services (departed 2025-08-04)
- Alastair Bell — Director (departed 2019-05-31)
- Robert Leveloff — Director (departed 2017-06-29)
- Ian McDougall — Director (departed 2016-03-31)
- Kenneth Whitney — Director (departed 2017-06-29)
- Huei Lim — Director (departed 2019-05-31)
- Paula Kearns — Director (departed 2013-04-29)
- Sydney Beguely — Chief Financial Officer (departed 2015-12-31)
Executive Compensation
| Name | Role | Compensation | Year |
|---|---|---|---|
| Key Management Personnel (aggregate - Leadership Group) | Leadership Group | $1,508,000 | 2025 |
| Key Management Personnel (aggregate - Leadership Group) | Leadership Group | $1,508,000 | - |
| Board/Trustees (unpaid - Foundation North) | Trustee | $291,000 | 2025 |
| Board/Trustees (unpaid - Foundation North) | Trustee | $291,000 | - |
| Mark Dunajtchik | Chief Executive Officer | - | 2019 |
| David Whyte | Director | - | 2024 |
| Walter Wells | Director | - | 2024 |
| Stephen Titter | Director | - | 2024 |
| Michelle Tsui | Director | - | 2025 |
| Walter Wells | Director | - | 2025 |
| Margaret Melville | Trustee | - | 2019 |
| Peter Leitch | Chairperson | - | 2019 |
| Rob Jorgensen | Trustee | - | 2019 |
| Pip Crerar | Trustee | - | 2019 |
| Neil Paviour-Smith | Trustee | - | 2019 |
| Jenny Worthy | Chief Executive Officer | - | 2019 |
| Michael Tompkins | Trustee | - | 2019 |
| Unknown | Shareholder | - | 2022 |
| Ngaire Rae Pehi | Director | - | 2025 |
| Grant McCallum | Trustee | - | 2019 |
| Liz Kinder | Trustee | - | 2019 |
| Melanie Talousi | Trustee | - | 2019 |
| Penny Ganner | Trustee | - | 2019 |
| David Tripe | Trustee | - | 2019 |
| Peter Mould | Trustee | - | 2019 |
| Margaret Etheridge | Trustee | - | 2019 |
| Matthew Sole | Trustee | - | 2019 |
| Jane Phare | Trustee | - | 2019 |
| Margaret Horne | Trustee | - | 2019 |
| Jacqueline Rowarth | Trustee | - | 2019 |
| Stephen Titter | Director | - | 2025 |
| David Rankin | Chair | - | 2019 |
| Peter McIntosh | Trustee | - | 2019 |
| Susan Harris | Trustee | - | 2019 |
| Ross Parish | Trustee | - | 2019 |
| Judith Szabo | Trustee | - | 2019 |
| Sir John VBase | Trustee | - | 2019 |
| Chris Leakey | Trustee | - | 2019 |
| David Whyte | Director | - | 2025 |
| Craig Stevenson | Chair | - | 2019 |
| Mark Verboom | Chief Executive | - | 2019 |
| John Dellow | Trustee | - | 2019 |
| Denis Barron | Trustee | - | 2019 |
| Michelle Tsui | Director | - | 2024 |
Major Funders and Contracts (FY2025)
As disclosed in Foundation North Grants Limited's annual report.
- Foundation North — $68,181,000 (100% of revenue) — Paying agent agreement for grant distribution
Service Providers
- KPMG
- KPMG
- KPMG
- Chapman Tripp
- Chapman Tripp
Similar Charities in Community Development
- Bays Community Housing Trust — Community Development
- Rangiura Trust Board — Community Development
- MPHS Community Trust — Community Development
- Otangarei Papakainga Limited — Community Development
- Community Of Refuge Trust — Community Development
Foundation North Grants Limited
Financial data as at March 2026. Sourced from Charities Services register.
Reasons to look carefully (1)
These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.
- Same audit firm for many yearsSame audit firm (KPMG) for 7 consecutive years — best practice rotates audit firms periodically to refresh independent oversight
Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.
$72.5M
$72.5M
$60.9M
Financial data from Charities Services annual return (FY2026). Ratings calculated using CharityData v3.1.1 methodology.
Endowment Foundation
Special Entity TypeThis is an endowment foundation that holds investments and provides grants. High reserves are expected and appropriate - this is not an operating charity.
Rating Note: Endowment foundations are rated using specialized criteria that recognize high reserves as appropriate. Metrics like grant distribution rate and investment returns are prioritized over program spending ratios.
Funder Profile
GrantmakerThis organisation makes grants or donations to other charities and organisations.
About
Charitable company providing grants to communities in Auckland and Northland, on the advice of its parent, Foundation North.
Who We Serve
Key Statistics
Financial Trends
Financial Trends (18 Years)
Financial Health Dashboard
Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology
Revenue Diversification
HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.
Peer Comparison
Ranked against 4 peers · Community Development · Over $50M
Top Peers in Group
Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.
Rating History
Rating
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Registration
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Sector & Activities
Data sourced from Charities Services register and publicly available annual returns. Our datasets may not be complete. Automated analysis can produce errors. Scores are calculated using disclosed methodology and are analytical tools, not investment ratings or recommendations. If you believe any data on this page is incorrect, please contact us at hello@charitydata.co.nz. For informational purposes only. Not investment advice. Last updated: 27 September 2026.
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