Foxton Beach Endowment Fund Policy

The Foxton Beach Endowment Fund Policy was adopted by Council on 10 September 2025 and came into effect that day.

Purpose of the policy

This policy provides an overview of the Foxton Beach Endowment Fund's intent, ensuring clarity and certainty around its purpose, use, and ongoing development.

This policy guides how the Foxton Beach Endowment Fund is managed, distributed, and retained. It aims to ensure the fund is sustainable over the long term, is managed transparently, and aligns with the values and priorities of the Foxton Beach community.

It sets out the criteria for funding, how to apply, and how decisions are made. It also explains when funds may be retained, when a moratorium may be put in place, and the level of risk the fund is prepared to accept. This policy helps ensure the fund is managed responsibly for the benefit of the community now and in the future.

Foxton Beach Endowment Fund Policy 2025(PDF, 414KB)

Definitions

The Foxton Beach Endowment Fund was previously known as:

  • Foxton Beach Freeholding Account;
  • Foxton Beach Freeholding Fund;
  • Freeholding Account;
  • Endowment Fund;
  • Endowment Land;
  • The Fund; and
  • any combination of the above. 

Policy review

An initial review of this policy will take place within three years, and then every ten years after that, unless an earlier review is needed.

Related Information

Back to top