Trust deed summary

The Trust is governed by its founding Trust Deed, which sets out how it is run and how it is held accountable. In plain terms:

Governance

The Trust is overseen by a minimum of three Trustees at all times (with a goal of at least four for continuity), each of whom must act honestly, in good faith, and in the Trust's best interests. Trustees are appointed by resolution of the existing Trustees and can serve indefinitely, subject to standard disqualification rules (such as bankruptcy or relevant criminal convictions) and removal for failing to meet their obligations.

Decision-making

Trustees meet at least twice a year, with a quorum of at least two Trustees required for any decision. Decisions are made by majority vote, and any Trustee with a personal or financial conflict of interest in a matter must declare it, step back from the discussion, and not vote — all recorded in a conflict of interest register.

Financial accountability

All Trust funds must be applied solely toward its charitable purposes. No Trustee or associated individual may receive a private financial benefit from the Trust, beyond reasonable reimbursement of genuine expenses or market-rate payment for goods and services in limited, formally approved circumstances. Every payment from Trust bank accounts requires sign-off from at least two Trustees, and financial records are kept for a minimum of seven years.

Winding up

If the Trust is ever wound up, all debts must be settled first, and any remaining assets must go to another New Zealand organisation with similar charitable purposes — never to a Trustee, officer, or private individual.

This structure exists to keep the Trust transparent, accountable, and permanently focused on its environmental purpose rather than any private interest.