Funding - ILT Foundation

What We Fund

ILT Foundation proudly funds a wide range of community groups and charitable causes benefitting the Invercargill community.

What

Our operating license is issued by DIA who require us to make grants only for authorised purposes. To find out more about DIA authorised purposes please see Authorised Purpose Guidelines for Societies and Clubs – dia.govt.nz

Grants must also fit within our funding policy. Please refer to our Grants and Accountability policy for more information.

Where

We generate and return funds locally. Grants must benefit the Invercargill district. You can check our boundary guidelines here (Invercargill-District-map).

When

We are always open for applications that fit our funding criteria. Completed applications with all supporting information will be reviewed at board meetings. Please take note of close off dates for completed applications to be submitted for each meeting.

Meeting Date	Application Close Off Date
29 October 2026	25 September 2026
17 December 2026	20 November 2026
11 February 2027	08 January 2027
24 March 2027	19 February 2027
29 April 2027	26 March 2027
27 May 2027	23 April 2027
24 June 2027	21 May 2027
29 July 2027	25 June 2027
26 August 2027	23 July 2027
30 September 2027	27 August 2027
28 October 2027	24 September 2027
25 November 2027	22 October 2027
16 December 2027	19 November 2027

Applying for Funding

Before applying for funding, we recommend you see our Grants and Accountability Policy to ensure eligibility and read the supporting information required below.

You can also contact our grants team – info@iltfoundation.org.nz

Apply for funding

Supporting Information Required

Minute Resolution

Applications must provide with their application a recent minute resolution which must include:

Date of meeting
Amount you are applying for and the specific purpose
That you are applying to ILT Foundation
The name, position and signature of your secretary or other executive committee member

Example of a resolution:
It was agreed at the committee meeting of ABC Community Trust, held on 16th April 2025, to apply to ILT Foundation for a grant of $5,000 to cover the cost of two new laptops.
I certify that this is a true and correct record of a resolution passed at that meeting

Budget

Approved budgets should include income and expenses for your organisation. If the grant is for a specific project, please include a project budget as well as your organisation overall budget.

Example of Budget :

Wages and Salaries

Please provide a signed employment contract and job description for any wage or salary requests. Wages and salaries are only considered where they meet an authorised purpose according to DIA. Employment contracts provide us with this evidence. You will also need to supply payroll records for accountability. We treat these with confidentiality, and you can view our privacy policy in our About Us section.

Example of accountability for wages and salaries:

Competitive Quotes

At least 2 quotes are required for expenses. This is to help us ensure that we meet DIA regulations in funding reasonable costs. Even if you have a preferred provider, a comparable quote is needed. If you are unable to provide a second quote, please provide an explanation – eg – Only one provider in region. For operating costs such as power or rent, please provide the 3 most recent invoices as quotes.

Financial Statements

Most recent financial statements. We understand timing of annual accounts can differ. If financial statements are more than 6 months old, please include recent financial reports as well.

Funding Committees

The net proceeds committee are the people who make decisions on grant applications. At ILT Foundation our board members are our net proceeds committee. You can read more about them on our About Us page. Our board meets regularly (usually once a month) to review grant applications.