Olive Tree Charitable Trust — Education Charity in Palmerston North

Olive Tree Charitable Trust is a Trust charity in the Education sector, based in Palmerston North, Palmerston North. This organisation also provides funding to other charities. CharityData rates this charity A- (87.8/100). Annual revenue: $0.3M NZD. Financial data as at December 2025.

Mission: To promote, encourage and support the relief of poverty, the advancement of education or religion or any other matter beneficial to the Manawatu community with all or any other charitable purposes as shall from time to time be determined and which purpose or purposes shall be charitable in accordance with the law of New Zealand.

Registration Number
CC25349
Charity Type
Trust
Registration Date
2008-06-04
Status
Active
CharityData Rating
A- (87.8/100)
Sector
Education
Location
Palmerston North, Palmerston North
Website
www.olivetreetrust.org
Email
secretary@olivetreetrust.org
Funder Status
Grant-making charity (charitable_trust)
Data as at
December 2025

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

Financial Summary

Total Revenue
$0.3M NZD
Total Expenses
$0.2M NZD
Total Assets
$3.5M NZD
Net Assets
$3.5M NZD
Reserve Months
1.3 months of operating expenses
Staff Count
1
Financial Year End
2025-12-31

Financial History

YearRevenueExpensesNet Assets
2025$0.3M$0.2M$3.5M
2024$0.5M$0.2M$3.4M
2023$0.3M$0.2M$3.2M
2022$0.1M$0.5M$3.1M
2021$0.2M$0.2M$3.5M
2020$0.3M$0.2M$3.6M
2019$0.5M$0.2M$3.4M
2018$0.0M$0.2M$3.1M
2017$0.4M$0.2M$3.3M
2016$0.1M$0.2M$3.1M

CharityData Rating

Overall Grade
A-
Overall Score
87.8/100
Financial Score
97.5
Governance Score
65
Transparency Score
65

Board Members and Officers

Current Officers (8)

NameRoleAppointed
Garry GoodmanTrustee2025-07-17
Darlene WestruppTrustee2025-07-17
Robert LissingtonTrustee2017-04-27
Pauline SimonsenTrustee2015-12-09
John HornblowTrustee2014-12-12
John FreebairnTrustee2012-02-10
Beverley WilliamsTrustee2004-12-15
Ewen KirkcaldieTrustee2004-03-10

Former Officers (3)

  • Lloyd Love — Trustee (departed 2017-04-27)
  • Paul Rieger — Trustee (departed 2026-08-12)
  • Nicholas Thomson — Trustee (departed 2015-03-06)

Similar Charities in Education

Olive Tree Charitable Trust logo
FunderEducationTrustCharitable Trust

Olive Tree Charitable Trust

CC25349Palmerston North, Palmerston NorthRegistered 4 Jun 2008
Data updated: 3 days ago
Financials9mo agoRatingyesterday

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

A-
88/100
Financial
98
Governance
65
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.

  • 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.

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

$288.2K

Expenses

$235.4K

Assets

$3.5M

Staff

1

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
EducationSocial ServicesCommunity Development
Beneficiaries
General Public
Geographic Focus
Manawatū-WhanganuiNationwide

About

Mission

To promote, encourage and support the relief of poverty, the advancement of education or religion or any other matter beneficial to the Manawatu community with all or any other charitable purposes as shall from time to time be determined and which purpose or purposes shall be charitable in accordance with the law of New Zealand.

Who We Serve

Beneficiaries
Children / young peopleOlder peopleOther charitiesPeople of a certain ethnic / racial originPeople with disabilitiesVoluntary bodies other than charitiesOther - All

Key Statistics

Annual Revenue
$288.2K
Total Expenses
$235.4K
Net Assets
$3.5M
Staff
1
employees

Financial Trends

Financial Trends (18 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
1.3mo
Could operate 1.3 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

1
Score /100
Highly Concentrated
HHI: 9,861
High Concentration: 99% of revenue from Investment Income
Investment Income99.3%
Donations0.7%

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
88
#3/133
Revenue
$288K
#65/133
Reserve Months
1.3
#1/133
Surplus
$53K
#50/133
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 History

A-
2025
Score: 87.8
Financial: 98 | Governance: 65 | Transparency: 65
Current
C
2024
Score: 63.0
Financial: 95 | Governance: 55 | Transparency: 65

Rating

A-
Score: 87.8/100
Financial
97.5
Governance
65
Transparency
65
Why this grade: Financial 98 × 40% + Governance 65 × 60% = 78 → A-.
View Full Score Breakdown

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Contact Details

Address
Palmerston North, Palmerston North

Registration

Registration NumberCC25349
Entity TypeTrust
Registered4 Jun 2008
StatusRegistered

Companies Office

StatusRegistered
Entity TypeCharitable Trust
Incorporated6 Jan 1992
Registered office
277 Broadway Avenue Palmerston North 4414, Palmerston North

Sector & Activities

Primary Sector
Education
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: 27 September 2026.