The Foundation is governed by an independent Board of Trustees, including the Chancellor,Vice-Chancellor, and alumni and friends of the University who are business and community leaders in Wellington.
The Board is responsible for ensuring all donated funds are correctly managed, invested, and disbursed. Investment of the funds is overseen by the Foundation’s Finance, Risk and Investment Committee, who receive monthly reports on funding for all projects.
On a day-to-day basis, the University’s Development Office ensure that donors’ objectives and expectations are met through auditing annual accounts and monitoring formal agreements signed with donors and sponsors to ensure all terms are met. Each year the Development Office and the Foundation produce an Annual Report of all Foundation activity.
You will find Victoria University of Wellington Foundation Trust’s audited financial statements for 2018 and the accompanying Auditor’s Report below.