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Te Poho o Tamatea

RapakiTe Poho o Tamatea (TPT) is a charitable company that was formed in 2004 to manage funds received by its sole shareholder, Te Hapu o Ngati Wheke (THNW). TPT aims to preserve and grow its capital, and provide funds for charitable distribution by THNW.

As a separate entity TPT provides a number of benefits to its shareholder:

  • Funds are managed efficiently – and as long as TPT maintains its charitable status, all earnings remain tax-free.
  • THNW is free to look after core responsibilities – the runanga – without tying up valuable time and energy worrying about investments.
  • The runanga benefits from the skills and experience of those outside of Rapaki, who otherwise might not be able to contribute.
  • THNW avoids conflicts of interest issues over where their funds are invested.