HERA Foundation — Education Charity in Auckland

HERA Foundation is a Trust charity in the Education sector, based in Auckland, Auckland. This organisation also provides funding to other charities. CharityData rates this charity B- (71.5/100). Annual revenue: $0.4M NZD. Financial data as at June 2025.

Mission: Objects of the Trust (from Trust Deed) a) To encourage the study and understanding of Heavy Engineering technology and matters relating directly or indirectly thereto by such means as may seem proper to the Board, including the awarding of fellowships, scholarships and bursaries , the negotiation of research contract, and the organising of discussions, seminars, conferences or training; b) To promote, supervise and conduct research and scientific work in connection with Heavy Engineering and all matters concerned with or relating thereto; c) To stablish and maintain a database and a library, including research results available in the above scientific field; d) To establish, form, equip and maintain research facilities for any such research and scientific work as aforesaid; e) To publish in any form or to disseminate as widely as possible and by any means the results of research and other scientific work relating to or arising from the activities of the Trust or any other institut

Registration Number
CC23617
Charity Type
Trust
Registration Date
2008-04-29
Status
Active
CharityData Rating
B- (71.5/100)
Sector
Education
Location
Auckland, Auckland
Email
accounts@hera.org.nz
Funder Status
Grant-making charity (foundation)
Data as at
June 2025

Beneficiaries: Children / young people, Other charities, Other - All

Financial Summary

Total Revenue
$0.4M NZD
Total Expenses
$0.5M NZD
Total Assets
$5.2M NZD
Net Assets
$5.2M NZD
Reserve Months
6.8 months of operating expenses
Volunteers
0
Financial Year End
2025-06-30

Financial History

YearRevenueExpensesNet Assets
2025$0.4M$0.5M$5.2M
2024$0.4M$0.5M$5.3M
2023$0.4M$0.4M$0.3M
2022$0.4M$0.2M$5.4M
2021$0.3M$0.2M-
2020$0.3M$0.2M$5.2M
2019$0.3M$0.2M$5.1M
2018$0.3M$0.3M$5.0M
2017$0.3M$0.3M$2.5M
2016$0.3M$0.3M$2.5M

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 (0)

NameRoleAppointed

Former Officers (15)

  • Rebecca VanEyssen — Secretary
  • Jeremy Smith — Trustee
  • Troy Coyle — Secretary (departed 2025-08-19)
  • Ronita Kishore — Treasurer
  • Sean Gledhill — Trustee
  • David Anderson — Ex Officio Trustee As Elected Hera Chair
  • Eric Stevenson — Ex-Officio-Trustee-As-Hera-Deputy-Chair
  • Michael Lehan — Trustee (departed 2020-07-16)
  • John Frear — Trustee-Hera-Chariman (departed 2016-06-30)
  • Duncan Fraser — Trustee/chair
  • Peter White - Robinson — Trustee (departed 2011-08-17)
  • John Meikle — Trustee (departed 2011-08-17)
  • Noel Davies — Trustee/chair (departed 2024-08-16)
  • David Moore — Trustee (departed 2013-08-15)
  • Wolfgang Scholz — Secretary/treasurer (departed 2023-03-31)

Similar Charities in Education

FunderEducationTrustFoundation

HERA Foundation

CC23617Auckland, AucklandRegistered 29 Apr 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

$362.9K

Expenses

$490.4K

Assets

$5.2M

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.

Funder Profile

Grantmaker

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

Funding Sectors
Education
Beneficiaries
General Public
Geographic Focus
Auckland

About

Mission

Objects of the Trust (from Trust Deed) a) To encourage the study and understanding of Heavy Engineering technology and matters relating directly or indirectly thereto by such means as may seem proper to the Board, including the awarding of fellowships, scholarships and bursaries , the negotiation of research contract, and the organising of discussions, seminars, conferences or training; b) To promote, supervise and conduct research and scientific work in connection with Heavy Engineering and all matters concerned with or relating thereto; c) To stablish and maintain a database and a library, including research results available in the above scientific field; d) To establish, form, equip and maintain research facilities for any such research and scientific work as aforesaid; e) To publish in any form or to disseminate as widely as possible and by any means the results of research and other scientific work relating to or arising from the activities of the Trust or any other institut

Who We Serve

Beneficiaries
Children / young peopleOther charitiesOther - All

Key Statistics

Annual Revenue
$362.9K
Total Expenses
$490.4K
Net Assets
$5.2M
Volunteers
0

Financial Trends

Financial Trends (17 Years)

Revenue Breakdown

Financial Health Dashboard

Cents to the Cause
100c
For every $1 spent, 100c reaches programs
Strong
Sustainability
6.8mo
Could operate 6.8 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

3
Score /100
Highly Concentrated
HHI: 9,724
High Concentration: 99% of revenue from Other
Other98.6%
Investment Income1.4%

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

Peer Comparison

Ranked against 132 peers · Education · $100K – $1M

Rating Score
72
#25/133
Revenue
$363K
#51/133
Reserve Months
6.8
#1/133
Surplus
$-127K
#128/133
Staff Cost %
0%
#1/133

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

Is this your charity?

Claim your profile to view analytics, submit corrections, and improve your rating.

Claim This Profile

Contact Details

Address
Auckland, Auckland

Registration

Registration NumberCC23617
Entity TypeTrust
Registered29 Apr 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated2 Jul 1992
Registered office
17-19 Gladding Place, Manukau, Auckland

Sector & Activities

Primary Sector
Education
Activities
Makes grants / loans to individualsMakes grants to organisations (including schools or other charities)Sponsors / undertakes research

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.