Construction Growth Foundation Inc — Education Charity in Wellington

Construction Growth Foundation Inc is a Trust charity in the Education sector, based in Wellington, Wellington. This organisation also provides funding to other charities. CharityData rates this charity C (62/100). Annual revenue: $4.8M NZD. 1 red flag detected. Financial data as at December 2025.

Mission: The primary Purpose of the Society is to empower the construction industry to take on more technical and professional roles and create a sustainable, thriving industry that benefits workers, employers and communities through education and training.

Registration Number
CC21744
Charity Type
Trust
Registration Date
2008-03-12
Status
Active
CharityData Rating
C (62/100)
Sector
Education
Location
Wellington, Wellington
Email
info@cgf.org.nz
Funder Status
Grant-making charity (foundation)
Data as at
December 2025

Beneficiaries: Children / young people, General public

Financial Summary

Total Revenue
$4.8M NZD
Total Expenses
$3.3M NZD
Total Assets
$44.6M NZD
Net Assets
$44.6M NZD
Reserve Months
12.4 months of operating expenses
Staff Count
3
Financial Year End
2025-12-31

Financial History

YearRevenueExpensesNet Assets
2025$4.8M$3.3M$44.6M
2024$5.0M$1.6M$36.0M
2023$3.8M$0.9M$39.6M
2022$0.5M$1.8M$36.7M
2021$62.9M$44.5M$38.0M
2020$54.7M$48.7M$32.0M
2019$51.1M$50.9M$26.0M
2018$47.4M$47.3M$25.8M
2017$44.0M$40.7M$25.7M
2016$39.3M$37.1M$22.4M

CharityData Rating

Overall Grade
C
Overall Score
62/100
Financial Score
85
Governance Score
75
Transparency Score
65

Red Flags

  • Average staff compensation of $203,416 per FTE, significantly above sector average of $75,000

Board Members and Officers

Current Officers (8)

NameRoleAppointed
Glenn Robert Duncan GM Apprentice TrainingExecutive Leadership Team-
Brian DillonChief Executive2025-01-14
Brett FrancisDirector2025-01-01
Robert GaimsterDirector2025-01-01
Phil BrosnanDirector2023-01-01
Brigitte KnillDeputy Chair2023-01-01
Kieren MallonChair2015-04-22
Grant FlorenceDirector2013-11-08

Former Officers (27)

  • Brian Miller — Director (departed 2024-09-30)
  • Craig Treloar — Director (departed 2025-12-31)
  • Reuben Bogue — Director (departed 2024-12-31)
  • Charles (Toby) Beaglehole — CEO (departed 2021-10-01)
  • Jason Hungerford — Chief Financial Officer (departed 2021-10-01)
  • Peter Fletcher-Dobson — Chief Digital Officer (departed 2021-10-01)
  • Rachel Mackintosh — Director (departed 2021-12-31)
  • Victoria Troake — Director (departed 2021-12-31)
  • Tania Smith — Chief Financial Officer (departed 2020-08-31)
  • Amanda Herron — Chief People Officer (departed 2021-10-01)
  • Warwick Quinn — Chief Executive (departed 2020-10-23)
  • Glenn Duncan — Gm Apprentice Training (executive Leadership Team) (departed 2021-10-01)
  • Gregory Durkin — Gm Stakeholder Engagement (executive Leadership Team) (departed 2021-10-01)
  • Ronald Angel — Director (departed 2019-05-28)
  • David Fabish — Director (departed 2022-12-31)
  • Paul Mitchell — Gm Support Services (departed 2014-03-28)
  • Andrew Kear — Gm Standards Leadership (exec Leadership Team) (departed 2018-09-30)
  • Michael King — Director (departed 2022-12-31)
  • David O'Connell — Trustee (departed 2012-12-06)
  • Henry Theo Mary Lieshout — Trustee (departed 2010-07-12)

Service Providers

  • Moore Markhams

Similar Charities in Education

FunderEducationTrustFoundation

Construction Growth Foundation Inc

CC21744Wellington, WellingtonRegistered 12 Mar 2008
Data updated: 23 Sept 2026
Financials9mo agoRating4d ago

Financial data as at December 2025. Sourced from Charities Services register.

C
62/100
Reduced by penalties
Financial
85
Governance
75
Transparency
65
Revenue

$4.8M

Expenses

$3.3M

Assets

$44.6M

Staff

3

Financial data from Charities Services annual return (FY2025). Ratings calculated using CharityData v3.1.1 methodology.

1 red flag identified- Review the Rating tab for details

Endowment Foundation

Special Entity Type

This 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

Grantmaker

This organisation makes grants or donations to other charities and organisations.

Funding Sectors
Education
Beneficiaries
General Public
Geographic Focus
Wellington

About

Mission

The primary Purpose of the Society is to empower the construction industry to take on more technical and professional roles and create a sustainable, thriving industry that benefits workers, employers and communities through education and training.

Who We Serve

Beneficiaries
Children / young peopleGeneral public

Key Statistics

Annual Revenue
$4.8M
Total Expenses
$3.3M
Net Assets
$44.6M
Staff
3
employees

Financial Trends

Financial Trends (18 Years)

Revenue Breakdown

Expense Breakdown

API Data

Based on annual return data. Detailed program/admin breakdown not available.

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
12.4mo
Could operate 12.4 months with zero revenue
Healthy
Fundraising Cost
-
No fundraising data
No data

Based on latest annual return data. Metrics are calculated from reported financial data and may not reflect the full picture. View methodology

Revenue Diversification

27
Score /100
Highly Concentrated
HHI: 7,298
High Concentration: 84% of revenue from Investment Income
Investment Income83.9%
Other16.1%

HHI (Herfindahl–Hirschman Index) measures concentration across 6 income categories. Lower HHI = more diversified. Score above 60 indicates healthy diversification.

Peer Comparison

Ranked against 37 peers · Education · $1M – $10M

Rating Score
62
#21/38
Revenue
$4.8M
#8/38
Reserve Months
12.4
#1/38
Surplus
$1.6M
#3/38
Staff Cost %
19%
#38/38

Peers are charities in the same sector and revenue size band. Rankings are based on the latest available data.

Rating History

C
2025
Score: 62.0
Financial: 85 | Governance: 75 | Transparency: 65
Current
F
2024
Score: 39.0
Financial: 85 | Governance: 65 | Transparency: 65

Rating

C
Score: 62/100
Financial
85
Governance
75
Transparency
65
Why this grade: Financial 85 × 40% + Governance 75 × 60% = 79 → 62 after red-flag penalties → C.
View Full Score Breakdown

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Latest Audit

FY2025
Clean
10 years of audit history

Contact Details

Address
Wellington, Wellington

Registration

Registration NumberCC21744
Entity TypeTrust
Registered12 Mar 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeIncorporated Society
Incorporated15 May 1991
Registered office
Level 12, 125 The Terrace, Wellington Central, 6011

Sector & Activities

Primary Sector
Education
Activities
Other - Acts an Umbrella body

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: 30 September 2026.