After 10 years of strategic philanthropy, we’re sunsetting our fund.
NEXT was a strategic philanthropy fund – a $100 million spend down over 10 years in education and the environment. NEXT invested in a small number of multi-year initiatives, with both financial and non-financial support. It targeted initiatives that were transformational, inspirational and run in a business-like way.
Given the urgent challenges facing the nation, NEXT made the decision up-front to spend out the endowment. The vision was to leave a legacy of environmental and educational excellence for the benefit of future generations of New Zealanders – supporting our land and our people.