Te Kaupapa – purpose
Tupu Tonu is a Crown-owned company set up to acquire and grow the value of a portfolio of high-performing commercial assets that can be offered to ngā hapū o Ngāpuhi in future Treaty negotiations. Part of the mission of Tupu Tonu is to disburse a portion of the annual net cash investment returns to Ngāpuhi hapū and whānau. Tupu Tonu has named its disbursements ‘tukua’, which means to give with integrity.
Tukua outcomes to date
Tupu Tonu has completed the first and second rounds of Tukua round in 2022/23 and 2023/24. This has resulted in a total of $1,076,000 funds (excl GST) being provided to 150 hapū, whānau and rōpū.
For a breakdown of funding results of the first round, see here.
For a breakdown of funding results of the second round, see here.