The "Heart of the Profession"
Foundation was settled as a Charitable Trust in 2004 to continue the work of the Benevolent Society – providing relief to IPENZ Members and their families who have
suffered misfortune. In addition to this, the Foundations took 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
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.
Profiles of Trustees
is funded from donations and bequests, which are invested on its
behalf to provide a regular income stream.
Donate or bequeath a contribution.