"The trust has recovered well from the global financial crisis and as a result trustees are planning to significantly increase BayTrust's granting in future years," Mr Rhodes said.
Last year 157 Bay of Plenty community organisations received grants from BayTrust to help cover their operational costs or fund other specific initiatives.
BayTrust has now distributed a total of $60million to community groups throughout the Bay of Plenty since it began, as well as provided other measures to support and build the capacity of local organisations.
Mr Rhodes said the extra funding was exciting and the trust had been working hard to review BayTrust's overall vision alongside outcomes. BayTrust's new logo, vision statement and strategic investment priorities were also unveiled.
Ensuring the "Bay of Plenty is the greatest place to be" is the organisation's new vision, and desired outcomes include strengthened whanau, stronger community leadership, enhanced environmental sustainability, stronger community organisations, fun, vibrant communities, transformational social innovation and sustainable community housing.
"BayTrust is striving to take a greater leadership role in the Bay of Plenty and to this end we are pleased to present our new strategic direction, brand and outcomes to the public. The full details behind these changes, and implications for grantees, will be progressively rolled out and communicated over the coming months."
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