Diamond Way Buddhist Trust — Religion Charity in Christchurch

Diamond Way Buddhist Trust is a Trust charity in the Religion sector, based in Christchurch, Christchurch. Annual revenue: $0.2M NZD. Financial data as at May 2025.

Mission: The purpose of the Trust will be to advance Buddhism in NZ by the preservation, care and practice of the Buddhist philosophy, teachings and culture in line with the traditions of the Karma Kagyu lineage of Tibetan Buddhism under the spiritual authority of His Holiness the 17th Gyalwa Karmapa, Trinley Thaye Dorje and his successors and under the spiritual and practical counsel of Lama Ole Nydahl (the Main Teacher).

Registration Number
CC24219
Charity Type
Trust
Registration Date
2008-05-11
Status
Active
Sector
Religion
Location
Christchurch, Christchurch
Website
http://buddhism.org.nz
Email
contactus@buddhism.org.nz
Data as at
May 2025

Beneficiaries: Animals, Children / young people, Family / whanau, General public, Older people

Financial Summary

Total Revenue
$0.2M NZD
Total Expenses
$0.1M NZD
Total Assets
$2.4M NZD
Net Assets
$2.3M NZD
Reserve Months
0.0 months of operating expenses
Volunteers
0
Financial Year End
2025-05-31

Financial History

YearRevenueExpensesNet Assets
2025$0.2M$0.1M$2.3M
2024$0.1M$0.1M-
2023$0.1M$0.1M$1.0M
2022$0.1M$0.1M$0.9M
2021$0.2M$0.1M$0.9M
2020$0.3M$0.1M$0.8M
2019$0.1M$0.1M$0.6M
2018$0.2M$0.2M$0.6M
2017$0.2M$0.1M$0.5M
2016$0.3M$0.1M$0.4M

Board Members and Officers

Current Officers (1)

NameRoleAppointed
Nicola JimenezTrustee & Treasurer2016-05-11

Former Officers (14)

  • Elena Masenko — Management Board
  • Barbora Woydichova — Management Board
  • Boris Chesnokov — Management Board
  • Craig Duff — Management Board
  • Ivet Rodriguez — Management Board (departed 2024-12-31)
  • Renee Olley — Management Board
  • Dorit Goettner — Management Board (departed 2024-07-01)
  • Eva Knotkova — Trustee (departed 2023-08-20)
  • Natasha Meiring — Trustee
  • Mateusz Uzdowski — Trustee (departed 2016-03-22)
  • Leo Panko — Trustee (departed 2016-04-29)
  • Christopher Armand — Trustee (departed 2026-07-18)
  • H Don Worthington — Trustee
  • Finn Nitzschmann — Chair (departed 2012-03-24)

Funding Sources

  • Lion Foundation — $5,000

Similar Charities in Religion

Diamond Way Buddhist Trust logo
ReligionTrust

Diamond Way Buddhist Trust

CC24219Christchurch, ChristchurchRegistered 11 May 2008
Data updated: 4 days ago
Financials31 May 2025Ratingyesterday

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

NR
Not rated — Volunteer / community organisation

Small volunteer-led organisations are not letter-graded: the standard financial template does not fit entities without paid staff, large revenue, or significant government funding. The charity's filed figures are shown above.

How ratings work →

Reasons to look carefully (2)

These structural observations are drawn from public data and are worth considering before a donation. They are not allegations of wrongdoing, and they don’t affect the charity’s letter grade.

  • No chair recorded on the register
    No chair or presiding role is recorded in the register for this board of 8. The Charities Register does not require one to be identified, so this is a gap in the public record rather than a finding about the board.
  • Reserves high for operating size
    Reserves cover ~259 months of expenses on $160K revenue — very high for an operating charity this size

Each signal is a data-driven observation, not a judgement. They fire automatically from the figures filed with Charities Services. A charity can address any of these by filing fuller disclosure or updating its officer register. Methodology: /about/methodology/concern-signals.

Revenue

$160.4K

Expenses

$106.6K

Assets

$2.4M

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

About

Mission

The purpose of the Trust will be to advance Buddhism in NZ by the preservation, care and practice of the Buddhist philosophy, teachings and culture in line with the traditions of the Karma Kagyu lineage of Tibetan Buddhism under the spiritual authority of His Holiness the 17th Gyalwa Karmapa, Trinley Thaye Dorje and his successors and under the spiritual and practical counsel of Lama Ole Nydahl (the Main Teacher).

Who We Serve

Beneficiaries
AnimalsChildren / young peopleFamily / whanauGeneral publicOlder people

Key Statistics

Annual Revenue
$160.4K
Total Expenses
$106.6K
Net Assets
$2.3M
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
98c
For every $1 spent, 98c reaches programs
Strong
Sustainability
18.6mo
Could operate 18.6 months with zero revenue
Healthy
Fundraising Cost
$0.03
Costs $0.03 to raise each $1 in donations
Efficient

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

Revenue Diversification

52
Score /100
Concentrated
HHI: 4,768
Donations53.3%
Other43.8%
Investment Income2.9%

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

Peer Comparison

Ranked against 198 peers · Religion · $100K – $1M

Rating Score
0
#38/199
Revenue
$160K
#151/199
Reserve Months
0.0
#1/199
Surplus
$54K
#69/199
Staff Cost %
0%
#1/199

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

Rating

Score: /100
Financial
0
Governance
20
Transparency
65
View Full Score Breakdown

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Contact Details

Address
Christchurch, Christchurch

Registration

Registration NumberCC24219
Entity TypeTrust
Registered11 May 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated28 Mar 2001
Registered office
220 England Street, Linwood, Christchurch

Sector & Activities

Primary Sector
Religion
Activities
Provides advice / information / advocacyProvides buildings / facilities / open spaceProvides human resources (e.g. staff / volunteers)Provides religious services / activitiesProvides services (e.g. care / counselling)

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: 27 September 2026.