More than $3.5 million was distributed in 340 individual grants to clubs, association and community groups this year. Mr Pollard said this was higher than in other years due to the release of funds set aside for a stadium project not now being pursued.
Major grants were provided for the redevelopment of Memorial Park, Pukaha Mount Bruce's walk-through aviary, Netball Wairarapa's Colombo Rd upgrade, Destination Wairarapa and a turf upgrade at Clareville's hockey complex. An additional $200,000 was contributed in the form of local sponsorships.
During the year, Trust House became an accredited community housing provider, which will enable growth of its housing business.
"Not only have we proven over the past 15 years that we can successfully operate community housing, it fits our ethos of working for the community, providing quality assets and returning profits to the community," Mr Pollard said.
Other initiatives during the year included the donation of a surplus building to the Featherston Menz Shed, renewal of the Kourarau electric power generator and assuming the management of the Mana Community Grants Foundation.
Mr Pollard acknowledged the continued support and feedback of Trust House customers and communities.
"We value this immensely because, as owners of the company, the community is the reason for its existence.
"The changes we are making are designed to set up for the future to return substantial value through grants, employment opportunities and local purchasing.
"The signals for the coming year look even more promising with a number of changes made yet to have a positive financial impact."
Trust House's total assets increased to $78 million from $74 million in 2014 and net equity increased slightly to $50.9 million.
-The 2015 Trust House annual report is available at www.trusthouse.co.nz
