IPENZ Foundation
The "Heart of the Profession"

The IPENZ Foundation was settled as a Charitable Trust to not only continue the work of the Benevolent Society - providing relief to IPENZ Members and their families who have suffered misfortune - but also to take on a wider public-good role on behalf of the engineering profession.

The Foundation's funds must be used by its Trustees for purposes that are in pursuit of the Foundation's Objectives, which include the Objectives of the Benevolent Society.

The Trustees wish to position the Foundation so that it is viewed by stakeholders as the "Heart of the Profession" by undertaking activities that, in addition to rehabilitation and relief, raise the engineering profession's profile and encourage school leavers to undertake tertiary studies in engineering and technology.

* As a Charitable Trust, all donations made to the Foundation are tax deductible.

• To encourage New Zealand school leavers into tertiary education in engineering and technology.
• To educate New Zealanders on the role of technology and engineering in sustainable economic, environmental and social development.
• To educate New Zealanders on significant engineering and technological achievements that form part of New Zealand’s national heritage.
• To further, in New Zealand, the development and practical application of scientific knowledge in engineering or technology for the wider public good.
• To assist, in New Zealand, Members suffering hardship due to physical or mental sickness, disability or incapacity to participate in education or rehabilitation programmes that enable them to resume a career.
• To promote the relief of poverty, in New Zealand, among Members or their dependents arising from age, physical or mental sickness, disability or incapacity or death of the Member concerned.

In managing their activities, the Foundation's Trustees use a regularly updated Business Plan that tracks the progress of planned activities and expenditures against budget.

The Foundation is funded from donations and bequests, which are invested on its behalf to provide a regular income stream. Donate or bequeath a contribution.