Trust Waikato’s $15m donation sets the stage for new theatre
Momentum Waikato is incredibly grateful to Trust Waikato for committing to a $15million grant for the Waikato Regional Theatre this month. Trust Waikato’s leadership and commitment to our region means this game-changing project is another step closer to becoming reality.
Trust Waikato supports projects that strengthen communities, encourage participation and inclusion, and support volunteers. It donates to not-for-profit community groups and projects across the greater Waikato region, with a goal to ‘supporting the things that make our corner of the world a better place’.
Trust Waikato Chair, Niwa Nuri is pleased to be supporting the Waikato Regional Theatre which will be at the cutting-edge of many new and exciting developments.
“We are supporting this project at an early stage as the benefits will be so wide-ranging and positive for our communities. The new theatre will add to the cultural, economic and creative opportunities across the region for many years to come,” says Niwa.
Trust Waikato believes their vision for resilient and vibrant communities will be realised in the Waikato Regional Theatre project. This grant recognises that the Waikato Regional Theatre is a project that will contribute to transformational change for the Waikato region, becoming a significant draw-card for international and national performances, providing an opportunity for our local performers and artists and creating a much-needed central venue within the Hamilton CBD’s growing cultural precinct.
Trust Waikato’s grant will support inspiration and development for the Waikato region’s creative talent through the learning and teaching opportunities that will be able to be offered through the new facility.
The Trust Waikato trustees also recognised the opportunities for community engagement through multi-use public areas for gatherings, meetings and in-formal performances. Physically the building will connect with the Waikato River, with open access and connection to promenades, allowing for activation of the space, and access to the river, revitalising the river paths.
The proposed design reflects the site’s pre-European cultural heritage and patterns of iwi settlement, as well as its unique setting adjacent to the river, leading to a vibrant, vital facility.
Due to prudent investment and fiscal management means, this grant from Trust Waikato is being made separately from the Trust Waikato donations budget and it will not impact on the annual donations budget.
Charlotte’s generous gift to the Waikato Regional Theatre
As soon as Charlotte Isaac heard about Momentum Waikato’s aspirational plans for the new Waikato Regional Theatre, she knew she wanted to donate.
Charlotte, a commercial lawyer with Hamilton’s Davidson Twaddle Isaac Law Firm, had been waiting for an opportunity to contribute to the project, as she loved the concept and the location.
“To put a world-class theatre right in the heart of the CBD, right next to the food precinct is brilliant,” she says. “The way it engages the river as well as the CBD, I think it’s great.”
Charlotte hopes her donation will encourage other members of the public to do the same. She feels if we want Hamilton to be a more creative and inspiring place, we all need to contribute somehow. Often volunteering is the way to contribute - but Charlotte thinks if people can put money in, they should. She believes general philanthropy needs to be encouraged.
“We should all envisage the Hamilton we want to live in and help create that,” she says. “If that means occasionally digging into our own pockets and coming up with a bit of cash, we should. The community funders are already extremely stretched.”
Charlotte knows the closure of Founders and the gap it left in the sector has been significant for Hamilton. Everyone, herself included, had been waiting for a solution.
“When Momentum Waikato came up with the idea for the new theatre and invited people to contribute, I immediately thought, yes, I will.”
Charlotte has a long history with theatres in Hamilton, being involved since her school days at Hillcrest High. After studying at Auckland University, she returned to Hamilton and immediately got back into the local theatre scene, joining the Riverlea and Playbox committees.
“What I love about Hamilton is that you can pull a community together,” she says. “We did it for the Meteor and I know it will happen for the new theatre, because people care. People want to be involved and they want to make Hamilton a good place to live.”
Charlotte points out that historically, there was a lot more interest in theatre in Hamilton in the early days of settlement. Back then, touring performing arts groups were commonplace.
“How can we think we don’t need it now when we’re 150,000 more people?”
She acknowledges Creative Waikato is working hard on audience development work with Creative New Zealand. Part of that development is sharing data bases, getting the audiences who are going to opera to go to musical theatre or other creative things.
Charlotte believes the theatre scene is beginning to thrive again in Hamilton and with the possibility of the new theatre and the way it could transform the city, it’s an exciting time for the Waikato region.
“There’s still work to be done”, she says. “For example, Hamilton doesn’t have a performing arts school.”
However, she’s noticed more creativity in Hamilton in the last few years.
“I used to go to Auckland for my theatre a decade ago, and now I barely have time to see everything in Hamilton.
“I do love Hamilton. I can’t imagine living anywhere else.”
Hamilton Club honours its past with a generous legacy
Momentum Waikato understands how difficult it can be to dis-establish a club or society. We can offer you a cost-effective fund management service, giving you peace of mind that your funds will be invested wisely, delivering maximum impact for the community.
At a special general meeting in May 2017, The Hamilton Club members voted to distribute Hamilton Club's remaining capital assets of $1.3 million to five key local organisations, including a gift of $100,000 to Momentum Waikato for the Waikato Regional Theatre.
The Hamilton Club committee, led by President Gordon Chesterman, have been working on the dissolution of the club with the club's wider membership for more than a year. The Club’s building in Grantham Street was sold 12 years ago, after social changes inevitably saw the club – along with others of its kind nationwide - lose most of its membership.
Members were determined to see a silver lining in the sale of their premises - a financial legacy to the city that will ensure the club's name lives on, and it continues to add to the fabric of the city.
There will be funds for scholarships of $350,000 each to Waikato University and Wintec; Hamilton Gardens Development Trust will get $350,000; Waikato Medical Research Foundation $150,000; and the Theatre $100,000. "It's a hugely worthwhile outcome," says Gordon "the club's legacy will benefit the city in so many ways." He says choosing recipients was tough "Everywhere you looked there were good opportunities to give to."
Momentum Waikato Chair Leonard Gardner is delighted with the club’s gift. “We appreciate that the club has chosen to back the theatre project and the work Momentum Waikato is doing leading the development of a new regional theatre. This gift will create a lasting impact, ensuring future generations will benefit. We look forward to sharing the story of the Hamilton Club, and the legacy they have left the city with the theatre project.”
The gifted funds are from the sale of the club's building in 2009 to Project Grantham for $1.7 million. There were debts to be settled at that time and the remaining money was placed in a bank term deposit while members debated a plan for the future. In the past few months the fund has been augmented by the sale of furnishings including billiard tables, leather chairs, and a grandfather clock understood to have been made in the late 1700s.
It has not been easy winding the club up. With legal assistance from Hamilton law firm Tompkins Wake, the club's longtime rules were changed and simplified. The 75 per cent voting majority was lowered to two-thirds, and proxy votes were allowed at annual meetings and special general meetings.
Last September members voted unanimously to wind up and submissions were then sought from them on what organisations should get the money.
There were 17 submissions and 46 options identified. A ranking document was sent out, followed by a painstaking process of collating the data. This was run solely by scrutineer Deryck Walter, a retired lawyer, club trustee and life member.
In May, members voted – amid considerable discussion - on the five priority organisations identified by the ranking analysis and then voted on how much each would get. The final vote to seal the deal was carried 37-1.
Gordon says the process could not have been rushed and there was a great deal of communication with members. "Every member had an opportunity to be part of the outcome. The club has had a long history. It was about respecting what it had done for the community, and respecting the existing older members."
Read the history of Hamilton Club’s here
If you are looking for an alternative management solution for a charitable trust, looking to make a profound difference in our community and create an enduring transformational legacy please contact us.