Foundation North Grants Limited — Community Development Charity in Auckland

Foundation North Grants Limited is a Company charity in the Community Development sector, based in Auckland, Auckland. This organisation also provides funding to other charities. CharityData rates this charity B (76.8/100). Annual revenue: $72.5M NZD. Financial data as at March 2026.

Mission: Charitable company providing grants to communities in Auckland and Northland, on the advice of its parent, Foundation North.

Registration Number
CC38999
Charity Type
Company
Registration Date
2008-06-30
Status
Active
CharityData Rating
B (76.8/100)
Sector
Community Development
Location
Auckland, Auckland
Email
liam.sheridan@foundationnorth.org.nz
Funder Status
Grant-making charity (foundation)
Data as at
March 2026

Beneficiaries: Children / young people, Family / whanau, Older people, Other charities, People of a certain ethnic / racial origin, People with disabilities, Religious groups, Voluntary bodies other than charities, Other - All

Financial Summary

Total Revenue
$72.5M NZD
Total Expenses
$72.5M NZD
Total Assets
$60.9M NZD
Net Assets
$0.0M NZD
Reserve Months
0.0 months of operating expenses
Financial Year End
2026-03-31

Financial History

YearRevenueExpensesNet Assets
2026$72.5M$72.5M$0.0M
2025$68.9M$68.9M-
2024$52.1M$52.1M-
2023$71.0M$71.0M-
2022$52.7M$52.7M-
2021$50.9M$50.9M-
2020$48.1M$48.1M-
2019$39.1M$39.1M-
2018$50.1M$50.1M-
2017$36.4M$36.4M-

CharityData Rating

Overall Grade
B
Overall Score
76.8/100
Financial Score
77.5
Governance Score
75
Transparency Score
85

Board Members and Officers

Current Officers (4)

NameRoleAppointed
Martin CleaveDeputy Chair2026-06-01
Philip CrumpChair2026-06-01
Maxine ShortlandDirector/trustee2026-05-25
Tevita FunakiDirector/trustee2026-05-25

Former Officers (28)

  • Ngaire Pehi — Director (departed 2026-06-30)
  • Harold Titter — Director
  • Walter Wells — Director (departed 2026-07-01)
  • David Whyte — Director (departed 2024-07-08)
  • Michelle G Sen Tsui — Director (departed 2026-06-30)
  • Peter Tynan — Ceo, Foundation North (departed 2025-08-04)
  • Bhavdeep Dhillon — Director (departed 2021-08-16)
  • Christopher Severne — Director (departed 2021-08-16)
  • Kim Wright — Director (departed 2020-09-07)
  • Mark Brickell — Director (departed 2018-06-29)
  • Melanie Hewitson — Director (departed 2020-09-07)
  • John Slater — Director (departed 2020-09-07)
  • Liam Sheridan — Head of Services (departed 2025-08-04)
  • Alastair Bell — Director (departed 2019-05-31)
  • Robert Leveloff — Director (departed 2017-06-29)
  • Ian McDougall — Director (departed 2016-03-31)
  • Huei Lim — Director (departed 2019-05-31)
  • Kenneth Whitney — Director (departed 2017-06-29)
  • Paula Kearns — Director (departed 2013-04-29)
  • Sydney Beguely — Chief Financial Officer (departed 2015-12-31)

Disclosed Pay and Fees

NameRoleRole typeCompensationYear
Key Management Personnel (aggregate - Leadership Group)Leadership GroupGroup total$1,508,0002025
Key Management Personnel (aggregate - Leadership Group)Leadership GroupGroup total$1,508,000-
Board/Trustees (unpaid - Foundation North)TrusteeBoard or trustee role$291,0002025
Board/Trustees (unpaid - Foundation North)TrusteeBoard or trustee role$291,000-
Mark DunajtchikChief Executive OfficerExecutive role-2019
David WhyteDirectorBoard or trustee role-2024
Walter WellsDirectorBoard or trustee role-2024
Stephen TitterDirectorBoard or trustee role-2024
Michelle TsuiDirectorBoard or trustee role-2025
Walter WellsDirectorBoard or trustee role-2025
Margaret MelvilleTrusteeBoard or trustee role-2019
Peter LeitchChairpersonBoard or trustee role-2019
Rob JorgensenTrusteeBoard or trustee role-2019
Pip CrerarTrusteeBoard or trustee role-2019
Neil Paviour-SmithTrusteeBoard or trustee role-2019
Jenny WorthyChief Executive OfficerExecutive role-2019
Michael TompkinsTrusteeBoard or trustee role-2019
UnknownShareholderRole not classified-2022
Ngaire Rae PehiDirectorBoard or trustee role-2025
Grant McCallumTrusteeBoard or trustee role-2019
Liz KinderTrusteeBoard or trustee role-2019
Melanie TalousiTrusteeBoard or trustee role-2019
Penny GannerTrusteeBoard or trustee role-2019
David TripeTrusteeBoard or trustee role-2019
Peter MouldTrusteeBoard or trustee role-2019
Margaret EtheridgeTrusteeBoard or trustee role-2019
Matthew SoleTrusteeBoard or trustee role-2019
Jane PhareTrusteeBoard or trustee role-2019
Margaret HorneTrusteeBoard or trustee role-2019
Jacqueline RowarthTrusteeBoard or trustee role-2019
Stephen TitterDirectorBoard or trustee role-2025
David RankinChairBoard or trustee role-2019
Peter McIntoshTrusteeBoard or trustee role-2019
Susan HarrisTrusteeBoard or trustee role-2019
Ross ParishTrusteeBoard or trustee role-2019
Judith SzaboTrusteeBoard or trustee role-2019
Sir John VBaseTrusteeBoard or trustee role-2019
Chris LeakeyTrusteeBoard or trustee role-2019
David WhyteDirectorBoard or trustee role-2025
Craig StevensonChairBoard or trustee role-2019
Mark VerboomChief ExecutiveExecutive role-2019
John DellowTrusteeBoard or trustee role-2019
Denis BarronTrusteeBoard or trustee role-2019
Michelle TsuiDirectorBoard or trustee role-2024

Major Funders and Contracts (FY2025)

As disclosed in Foundation North Grants Limited's annual report.

  • Foundation North — $68,181,000 (100% of revenue) — Paying agent agreement for grant distribution

Service Providers

  • KPMG
  • KPMG
  • KPMG
  • Chapman Tripp
  • Chapman Tripp

Similar Charities in Community Development

FunderCommunity DevelopmentCompanyFoundation

Foundation North Grants Limited

CC38999Auckland, AucklandRegistered 30 Jun 2008
Data updated: 1 Nov 2026
Financials7mo agoRating1mo ago

Financial data as at March 2026. Sourced from Charities Services register.

B
77/100
Financial
78
Governance
75
Transparency
85

Reasons to look carefully (1)

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.

  • Same audit firm for many years
    Same audit firm (KPMG) for 7 consecutive years — best practice rotates audit firms periodically to refresh independent oversight

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

$72.5M

Expenses

$72.5M

Assets

$60.9M

Financial data from Charities Services annual return (FY2026). 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.

Funder Profile

Grantmaker

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

Funding Sectors
General
Beneficiaries
General Public
Geographic Focus
AucklandNorthland

About

Mission

Charitable company providing grants to communities in Auckland and Northland, on the advice of its parent, Foundation North.

Who We Serve

Beneficiaries
Children / young peopleFamily / whanauOlder peopleOther charitiesPeople of a certain ethnic / racial originPeople with disabilitiesReligious groupsVoluntary bodies other than charitiesOther - All

Key Statistics

Annual Revenue
$72.5M
Total Expenses
$72.5M
Net Assets
$0

Financial Trends

Financial Trends (18 Years)

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
0mo
Could operate 0 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

0
Score /100
Highly Concentrated
HHI: 10,000
High Concentration: 100% of revenue from Other
Other100.0%

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

Peer Comparison

Ranked against 500 peers · Community Development (all sizes)

Rating Score
77
#35/501
Revenue
$72.5M
#1/501
Reserve Months
0.0
#1/501
Surplus
$0
#304/501
Staff Cost %
0%
#1/501

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

Rating History

B
2026
Score: 76.8
Financial: 78 | Governance: 75 | Transparency: 85
Current
D+
2025
Score: 50.8
Financial: 78 | Governance: 55 | Transparency: 65

Rating

B
Score: 76.8/100
Financial
77.5
Governance
75
Transparency
85
Why this grade: Financial 78 × 40% + Governance 75 × 60% = 76 → B.
View Full Score Breakdown

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Latest Audit

FY2026
Clean
Auditor
KPMG
11 years of audit history

Contact Details

Address
Auckland, Auckland

Registration

Registration NumberCC38999
Entity TypeCompany
Registered30 Jun 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeNZ Limited Company
Incorporated29 Mar 2001
Company #1128674
Registered office
50 Ponsonby Road, Grey Lynn, Auckland, 1011

Sector & Activities

Primary Sector
Community Development
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.