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Gateway Gift 2025 Annual grants awarded

4 November 2024

The Gateway Gift has funds available to make grants for the LCNZ in Mission. There are three types of grants:

  1. Major grants
    Typically for major mission and ministry programs, these are awarded annually.
  2. Minor grants
    Typically for smaller one-off requests and these are awarded quarterly
  3. Grants from other funds
    Gateway is also responsible for grants from a number of other LCNZ funds and makes grants from these on a quarterly basis.

Details of all the grants and their application forms can be found here: Forms

We give thanks to God for making these funds available for the LCNZ in Mission.

Methodology

The Board usually uses the Swenson / Tobin Rule to determine the amount of funding available in any given year.  This is a financial and investment tool used to ensure that the amount of funding allocated does not use capital to an extent that it reduces the values of the asset to the detriment of available funding in future periods.

Under this methodology the amount of funding would have been limited to $139,000.  However, The Gateway Gift Trust Board were facing applications for funding in 2025 (see below) amounting to $301,000.  Clearly there was a very large gap and creating a difficult decision-making process.

The Gateway Gift has also been a beneficiary of an improved investment market over the last two years and as such has had capital gains in excess of normal surpluses.

Given these factors, the Board determined that it should for 2025 grants digress from that basis of funding determination, to also utilizing some of the realized income as at 30 June 2024 that would otherwise be retained as capital growth. The GGTB also assessed the applications on the basis of the people impacts of the grants and have awarded them in that light. Grants totaling $174,000 have been approved.

Major Grants for 2025

The Gateway Trust Board have received and awarded grants for 2025 after considering these at the September and October Board meetings.

There were five applications received.  One of the applications was withdrawn prior to the final decision being made.

The following grants were awarded:

  • Auckland Mountainside for their Multicultural Team Ministry Program applied for $60,000 awarded $45,000
  • Christchurch St Paul’s Property Safety and Improvement Program applied for $58,000 and awarded $24,000
  • Christchurch St Paul’s Music Ministry programme applied for $15,000 and awarded $15,000
  • Manawatu Children and youth Worker ministry applied for $20,000 and awarded $10,000
  • Lutheran Church of New Zealand annual operational grant applied for $90,000 and awarded $80,000

Minor Grants for 2024/25

Wellington St Paul’s camping ministry grant applied for $3,900 and awarded $3900 from Project James.

Aaron Beagley from Marton applied for a music tuition grant for 2025 and was awarded $1,000 from the Dawn Corry fund

Jordan Paltridge from Marton applied for music tuition grant for 2025 and was awarded $1,000 from the Dawn Corry fund

Christchurch St Paul’s Property Safety and Improvement programme applied for $6,000 for outdoor safety lighting and was awarded $6,000 from the Hintz Fund

 

If your congregation has a need for assistance to help your mission plans please look to applying to these funds for funding grants.

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