Fundholders for Community Grants

NZSL Community Grants cannot be paid to an individual’s bank account or to organisations that are not legal entities.

Legal entities are:

• registered charitable trusts external
• incorporated societies, e.g., some Deaf clubs are incorporated
• Crown entities e.g., universities or a company controlled by one or more Crown entities
• Limited Liability Companies.

If your organisation is a legal entity, the grant can be paid to your organisation directly. 

If your organisation is not a legal entity, you must have a fundholder.

What is a fundholder?

A fundholder is an organisation that:

• is a legal entity
• is willing to hold your grant money in its bank account while you complete your project.

If you have a fundholder, the grant will be paid into the fundholder organisation's bank account. You will be responsible for completing the project and reporting to Whaikaha and the NZSL Board on its progress, and you will be responsible for communicating with your fundholder. The fundholder’s only role is to hold your grant in its bank account and work with you on spending it.

Your fundholder must sign a declaration stating they are happy to receive the grant on your behalf.