Trust House Foundation has pledged $150,000 towards the proposed northern roundabout sculpture in Masterton, making its installation likely, according to the foundation charged with fundraising for it.
The sculpture, which will cost $250,000 in total, has received mixed reactions from the community.
It is the brainchild of world-renowned artist Neil Dawson who was a student at Masterton Primary School and later a founding student at Masterton Intermediate School.
Trust House chief executive Allan Pollard said they were in favour of granting part of the funds for the sculpture because "it will bring some real artistic value to the town".
"I've just come back from Tauranga and they seem to have a number of these artistic sculptures and it really highlights the town," he said.