Governance

Our primary role is the responsible, prudent management of the investment portfolio

Constitution

Gardiner Dairy Foundation’s Constitution guides its responsibility. The board must:

  • Invest the income and capital of the Company in investments that are prudent and not speculative
  • Diversify the investments
  • Have regard to the need to maintain the real value of capital and the risk of capital loss and depreciation
  • Have regard to the liquidity and marketability of the proposed investment

 

Gardiner Dairy Foundation Investment Performance

Consistent with it's Constitution, Gardiner Dairy Foundation and our investment managers have developed an investment strategy recognising the Foundation’s not-for-profit status and perpetual investment horizon. Our investment portfolio provides consistently high, stable and growing income, in addition to long-term capital growth, producing income between $5 and $6 million each financial year.

Every three years Gardiner Dairy Foundation commissions an independent review of the performance of the existing investment managers.

For more information, read our Constitution, Annual Report, or Board Governance Document.

 

Our Members 

Gardiner Dairy Foundation's Constitution stipulates three Members;