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What we do
Build the Endowment Fund
We engage in business for the sole purpose of raising funds to build the endowment fund. When we start up a business or partner in a business, 100% of our profits are put together with interest from the endowment fund and used as follows:
60% is reinvested into the Endowment Fund
20% is invested into one or more of our start-up businesses
10% is donated to community projects
10% is used to cover unavoidable costs
The long term goal is to grow the Endowment Fund until it is large enough to generate interest that will support the salary of staff in a community organisation. We expect this goal to be achieved by 2040.
Give Grants
Until 2040, during active grant years, we will give 10% of our income to a community organisation to help them address local environmental or community issues (as described above). After 2040 grants will be available to support a salary for a community organisation. The Trustees decide the funding priorities each year.
Ocean Research
To fill the gap in efforts to research information about the marine environment, the Moana Foundation has a research arm. We are currently working on a research agenda.