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Statement of trust monies

Statement of trust monies

for the year ended 30 June 2014

 

 

Opening

balance

2013

$000

Contri-

butions

$000

Distri-

butions

$000

Revenue

$000

Expend-

iture; $000

Closing

balance

2014

$000

New Zealand Historical Atlas

137

5

142

New Zealand History Research

1,176

(151)

44

1,069

New Zealand Oral History Awards

1,527

(80)

65

1,512

Dictionary of New Zealand Biography

14

14

War History

1,054

24

(604)

474

Total

3,908

(231)

138

(604)

3,211

 

New Zealand Historical Atlas Trust

This trust was established to hold New Zealand Lottery Grants Board funds, donations and royalties from sales to be used for the production of the New Zealand Historical Atlas and subsidiary volumes. In 2014 the Trust earned $5,000 in royalties and interest (2013: $7,000).

New Zealand History Research Trust

This trust was established to hold New Zealand Lottery Grants Board funds to be used to make awards to individuals and groups for historical research and writing projects. During 2014, 9 awards were made for a total of $151,000 (2013: 16 awards: $175,000).

New Zealand Oral History Awards

This trust was established to hold funds from the Government of the Commonwealth of Australia, gifted to New Zealand in 1990 specifically to gather oral histories of importance to this country. The income from these funds is used to promote oral history in New Zealand. During 2014, 22 awards were made for a total of $80,000 (2013: 14 awards; $152,000).

Dictionary of New Zealand Biography Trust

This trust was established to hold funds from the New Zealand Lottery Grants Board, sales of publications, and private sponsorship or fundraising for the production of the Dictionary of New Zealand Biography and subsidiary volumes.

War History Trust

This trust was established to hold funds bequeathed to the Ministry by the estate of Mr J B Watson, a long-time supporter of research into New Zealand’s military history. The funds and any interest income are to be used for the researching and writing of works on New Zealand’s involvement in overseas conflicts. In 2014 the trust earned $24,000 in interest (2013: $8,000).

 

The accompanying notes form part of these financial statements.

For a full understanding of the Crown’s financial position and the results of its operations for the year, refer to the consolidated Financial Statements of the Government for the year ended 30 June 2014.


Updated on 23rd July 2015