Wakatipu Community Foundation’s (WCF) inaugural chair Ray Key is reflecting on an amazing six years as he prepares to step aside at the end of the month. ‘‘We have raised over $4 million and have in excess of $35m pledged in wills for the local community,’’ Key says. He believes the community foundation model makes so much sense — ‘‘at its core is the aim to build and grow funds so money is available to the local community forever’’. Brent says his vision is for WCF to be a billion-dollar fund within 30 years, ‘‘and I’m excited to guide the organisation to realise this goal’’. ‘‘It’s a big one, but with the significant funds being transferred from the baby boomer generation in the next few decades, it’s entirely achievable.’’Meanwhile, Key’s remaining chair of the umbrella Community Foundation of Aotearoa NZ, and is staying on as a WCF trustee.

Source: Otago Daily Times February 17, 2024 21:14 UTC