The Sustainable Fund

The Sustainable Fund

RNZB Artists Madeleine Graham and Levi Teachout perform the Romeo & Juliet pas de deux for Tutus on Tour, 2021. Photo credit: Stephen A’Court.

The Royal New Zealand Ballet Foundation is committed to growing a sustainable fund to support ballet in Aotearoa New Zealand now and into the future.

Each year, the Foundation Trustees fundraise to grow this fund, and the fund is invested wisely in order to ensure its stability.

Trustees are aiming to raise $1 million before allowing open applications to the Foundation, in line with its Granting Policy.

In 2020, the Foundation reached $562,108 in investments.

The Growth of the Royal New Zealand Ballet Foundation’s investment

Investment at $562,108 (Market Value)

2020

Investment at $443,659 (Market Value)

2018

Foundation began operating with $100,000 grant from the Royal New Zealand Ballet

2014

Investment at $487,606 (Market Value)

2019

Funds invested with Craigs Investments, and by the end of the financial year reached $338,831 (Market Value)

2017

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RNZB dancers perform in Hansel and Gretel, 2019. Photo: Celia Walmsley