Nova Charitable Trust — Health Charity in Wellington

Nova Charitable Trust is a Trust charity in the Health sector, based in Wellington, Wellington. This organisation also provides funding to other charities. CharityData rates this charity B- (70.8/100). Annual revenue: $0.0M NZD. Financial data as at October 2025.

Mission: The Charitable Trust was set up to pay an income in perpetuity for the purposes of: - Assisting the National Heart Foundation of New Zealand for projects, services and assistance by them in Timaru. - Assisting charitable organisations within the South Canterbury region in New Zealand. - Assisting in medical research in New Zealand.

Registration Number
CC38178
Charity Type
Trust
Registration Date
2009-03-02
Status
Active
CharityData Rating
B- (70.8/100)
Sector
Health
Location
Wellington, Wellington
Email
funding@publictrust.co.nz
Funder Status
Grant-making charity (charitable_trust)
Data as at
October 2025

Beneficiaries: Other charities

Financial Summary

Total Revenue
$0.0M NZD
Total Expenses
$0.0M NZD
Reserve Months
17.8 months of operating expenses
Volunteers
0
Financial Year End
2025-10-31

Financial History

YearRevenueExpensesNet Assets
2025$0.0M$0.0M-
2024$0.0M$0.0M-
2023$0.0M$0.0M-
2022$0.0M$0.0M-
2021$0.1M$0.1M-
2020$0.0M$0.1M-
2019$0.0M$0.0M-
2018$0.0M$0.0M-
2017$0.0M$0.0M-
2016$0.0M$0.0M-

CharityData Rating

Overall Grade
B-
Overall Score
70.8/100
Financial Score
77.5
Governance Score
55
Transparency Score
65

Board Members and Officers

Current Officers (1)

NameRoleAppointed
Public TrustTrustee2008-10-30

Former Officers (2)

  • Marie Schmelz — Advisory Trustee (departed 2017-03-31)
  • Arthur Schmelz — Advisory Trustee (departed 2017-03-31)

Similar Charities in Health

FunderHealthTrustCharitable Trust

Nova Charitable Trust

CC38178Wellington, WellingtonRegistered 2 Mar 2009
Data updated: 5 days ago
Financials11mo agoRating2d ago

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

B-
71/100
Financial
78
Governance
55
Transparency
65

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.

  • Small board structure
    1 current officer listed on the register — best-practice boards have 5+ members with separation of duties

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

$39.8K

Expenses

$37.8K

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
HealthEducationArts & Culture
Beneficiaries
General Public
Geographic Focus
CanterburyNationwide

About

Mission

The Charitable Trust was set up to pay an income in perpetuity for the purposes of: - Assisting the National Heart Foundation of New Zealand for projects, services and assistance by them in Timaru. - Assisting charitable organisations within the South Canterbury region in New Zealand. - Assisting in medical research in New Zealand.

Who We Serve

Beneficiaries
Other charities

Key Statistics

Annual Revenue
$39.8K
Total Expenses
$37.8K
Net Assets
-
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
17.8mo
Could operate 17.8 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

15
Score /100
Highly Concentrated
HHI: 8,511
High Concentration: 92% of revenue from Investment Income
Investment Income91.9%
Other8.1%

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

Peer Comparison

Ranked against 265 peers · Health · Under $100K

Rating Score
71
#35/266
Revenue
$40K
#79/266
Reserve Months
17.8
#1/266
Surplus
$2K
#103/266
Staff Cost %
0%
#1/266

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

Rating

B-
Score: 70.8/100
Financial
77.5
Governance
55
Transparency
65
Why this grade: Financial 78 × 40% + Governance 55 × 60% = 64 → B-.
View Full Score Breakdown

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Contact Details

Address
Wellington, Wellington

Registration

Registration NumberCC38178
Entity TypeTrust
Registered2 Mar 2009
StatusRegistered

Sector & Activities

Primary Sector
Health
Activities
Makes grants to organisations (including schools or other charities)

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: 28 September 2026.