Securing our region’s future: Community Natural Asset Investment Reserve established
Healthy Land and Water is proud to announce the creation of its new strategic funding initiative, the Community Natural Asset Investment Reserve, to allow the delivery of key high-impact projects which may not have adequate external funding sources of their own. Healthy Land and Water has allocated $1.5M to the reserve.
The fund strategically supports activities which align with the company’s principal activities, being primarily actions and projects that will preserve and enhance our natural assets and support resilient regions in South East Queensland.
This reserve doesn’t change the nature or purpose of the company’s retained earnings, which are still solely available to be used by the company in pursuit of its charitable purpose.
As a strategic fund, the Board of Healthy Land and Water determines the approach to be undertaken to ensure a robust and transparent process in identifying and assessing projects and activities to be funded.
2019/20 in numbers