Capturing Generational Wealth: Southland Foundation's Vision for Sustainable Community Growth

Curious about how a newly established foundation plans to capture an estimated $1.25 trillion in intergenerational wealth transfer to bolster community projects? Join us as we sit down with Sarah Hannan and Rachel Cockburn from the Southland Foundation. They reveal their ambitious mission to emulate the success of Tauranga’s Acorn Foundation, focusing on creating a perpetual giving model that ensures long-lasting support for Southland’s regional development and well-being. Sarah and Rachel share their strategic insights on building a substantial capital base, allowing the Foundation to continuously support vital community initiatives even as government resources dwindle.
In this episode, we also explore the mechanics behind the perpetual giving model and its transformative potential for Southland. Rachel walks us through the meticulous process of selecting community projects, emphasizing the importance of donor-directed funds and expert distribution committees.
https://southlandfoundation.org.nz/

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Chapters

• 0:01 Building Permanent Funding Streams for Southland
• 4:16 Creating Long-Term Community Impact Strategy
• 11:39 Community Impact Funds and Partnerships