Cornerstone Wray Street Trust Board — Community Development Charity in Dunedin

Cornerstone Wray Street Trust Board is a Trust charity in the Community Development sector, based in Dunedin, Dunedin. CharityData rates this charity B- (71.5/100). Annual revenue: $0.3M NZD. Financial data as at June 2025.

Mission: Provision of religious activities

Registration Number
CC24764
Charity Type
Trust
Registration Date
2008-05-22
Status
Active
CharityData Rating
B- (71.5/100)
Sector
Community Development
Location
Dunedin, Dunedin
Website
http://www.cornerstonecity.org.nz
Email
secretary@cornerstonecity.org.nz
Data as at
June 2025

Beneficiaries: Children / young people, Older people, Other charities, People of a certain ethnic / racial origin, Religious groups

Financial Summary

Total Revenue
$0.3M NZD
Total Expenses
$0.2M NZD
Total Assets
$3.1M NZD
Net Assets
$2.8M NZD
Reserve Months
0.1 months of operating expenses
Volunteers
0
Financial Year End
2025-06-30

Financial History

YearRevenueExpensesNet Assets
2025$0.3M$0.2M$2.8M
2024$0.2M$0.2M$2.8M
2023$0.5M$0.2M$2.7M
2022$0.6M$0.2M$2.4M
2021$0.3M$0.2M$2.0M
2020$1.4M$0.2M$1.9M
2019$0.2M$0.1M-
2018$0.1M$0.1M-
2017$0.1M$0.1M-
2016$0.1M$0.1M-

CharityData Rating

Overall Grade
B-
Overall Score
71.5/100
Financial Score
70
Governance Score
75
Transparency Score
65

Board Members and Officers

Current Officers (1)

NameRoleAppointed
Timothy McGuireTrustee2025-11-02

Former Officers (29)

  • Jacob Bond — Trustee
  • Samuel Burgess — Trustee
  • Brodie de Gouw — Trustee
  • Pieter Lloyd — Trustee/treasurer
  • Rovin DCruz — Trustee (departed 2024-12-11)
  • Bethney Stewart — Trustee (departed 2024-07-25)
  • Garth Kinley — Trustee
  • Alapasita Teu — Cornerstone Wray Street Trust Board Member (departed 2020-11-30)
  • Bethne Stewart — Trustee (departed 2020-07-01)
  • Alison Lee — Trustee (departed 2020-11-01)
  • Rachel Woodfield — Trustee/secretary
  • Simon Sim — Trustee (departed 2024-06-12)
  • Sally Mangai — Trustee/treasurer (departed 2017-05-31)
  • Stephen Clark — Trustee (departed 2021-10-31)
  • Alexander Fraser — Trustee (departed 2019-11-03)
  • Graham McLlroy — Trustee/chairman
  • Anthony Hewson — Trustee (departed 2015-12-31)
  • Neville Copland — Trustee (departed 2013-10-13)
  • David Smeaton — Trustee (departed 2015-09-30)
  • Lance Woodfield — Trustee (departed 2013-10-13)

Similar Charities in Community Development

Cornerstone Wray Street Trust Board logo
Community DevelopmentTrust

Cornerstone Wray Street Trust Board

CC24764Dunedin, DunedinRegistered 22 May 2008
Data updated: 5 days ago
Financials30 Jun 2025Rating3d ago

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

B-
72/100
Financial
70
Governance
75
Transparency
65
Revenue

$253.1K

Expenses

$208.3K

Assets

$3.1M

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

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.

About

Mission

Provision of religious activities

Who We Serve

Beneficiaries
Children / young peopleOlder peopleOther charitiesPeople of a certain ethnic / racial originReligious groups

Key Statistics

Annual Revenue
$253.1K
Total Expenses
$208.3K
Net Assets
$2.8M
Volunteers
0

Financial Trends

Financial Trends (17 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
0.1mo
Could operate 0.1 months with zero revenue
Critical
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

30
Score /100
Concentrated
HHI: 6,968
High Concentration: 81% of revenue from Donations
Donations81.4%
Other18.5%
Investment Income0.1%

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

Peer Comparison

Ranked against 135 peers · Community Development · $100K – $1M

Rating Score
72
#30/136
Revenue
$253K
#63/136
Reserve Months
0.1
#1/136
Surplus
$45K
#60/136
Staff Cost %
0%
#1/136

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

Rating

B-
Score: 71.5/100
Financial
70
Governance
75
Transparency
65
Why this grade: Financial 70 × 40% + Governance 75 × 60% = 73 → 72 after red-flag penalties → B-.
View Full Score Breakdown

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Registration

Registration NumberCC24764
Entity TypeTrust
Registered22 May 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated27 Jan 1986
Registered office
18 Wray Street, Brockville, Dunedin

Sector & Activities

Primary Sector
Community Development
Activities
Makes grants / loans to individualsMakes grants to organisations (including schools or other charities)Provides buildings / facilities / open spaceProvides human resources (e.g. staff / volunteers)Provides religious services / activities

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: 29 September 2026.