Tony O'Regan
02 August 2023, 5:04 PM
A trust, established to support environmental sustainability and water protection, has been wound up following the death of its founding trustee, creating a windfall of funding for local charities and organisations.
Red Bridge River Park Trust trustees Jeromy Van Riel and Pip O’Connell publicly announced the winding up of the Trust in June 2022. Following consultation with the community, decisions on the disbursement of the Trust’s funds have now been decided.
“We tried to make everybody we gifted to diverse and give them enough to give them support and encouragement to do the best they could,” Jeromy said.
“We were proud to be able to support our community.”
Disbursements from the trust totalled $590,000 including $80,000 to the Luggate Community Association, $50,000 to each of the Upper Clutha Tracks Trust and Alpine Community Development Trust, and $40,000 to the Hāwea Food Forest.
The Red Bridge River Park Trust originally hoped to transform a 0.4ha site on the banks of the Clutha River near the Luggate Red Bridge into a focal point for environmental and river conservation education.
Founding trustee Lewis Verduyn-Cassels died in 2019, leaving his vision unrealised and the Trust in debt. Concerned the land would be lost, Jeromy and Pip mortgaged their family home and loaned the trust the money it needed.
The trust faced a series of challenges when accusations of improper management resulted in a Department of Internal Affairs investigation which Jeromy said cleared the trustees of any wrongdoing. Matters were further complicated when it was determined that Lewis did not have a legal will.
Trustees made the difficult decision to sell the land and begin the process of winding down the trust in 2022.
A price of $860,000 was secured for its land in March 2022 and after clearing the loan, sale fees and taxes, the Trust had a substantial surplus for distribution to the community.
“We gave out to all those things we believe in to honour Lewis’s best intention,” Jeromy said.
“It felt really good to give a huge amount to [the Luggate Community Association], it felt really good to be able to support mental health, it felt really good to support community gardens.”
The list of beneficiaries is:
Hāwea Food Forest $40,000
One New Zealand Charitable Trust Board $20,000
Paradise Trust $20,000
Sean Dickey Young Leaders Trust $20,000
Alexandra Miners Village and Riverside Park Trust $20,000
Head Light Trust $20,000
Mint Charitable Trust $10,000
Whakaruruhau Trust $20,000
Wānaka Community Garden $20,000
Kahu Youth Trust $30,000
Mt Aspiring College Foundation $15,000
Upper Clutha Tracks Trust $50,000
Aspiring Biodiversity Trust $10,000
Alpine Community Development Trust $50,000
WAI Wānaka $20,000
Food for Love $20,000
Luggate Community Association Incorporated $80,000
Friends of Bullock Creek Incorporated $20,000
Plastic Bag Free Wānaka Limited $20,000
Te Kakano Aotearoa Trust $20,000
Lake Hāwea Community Centre Incorporated $25,000
Hāwea Flat School PTA $10,000
Canlive Charitable Trust $30,000
PHOTO: Supplied