How we fit in Waikato-Tainui
Waikato is one of the largest iwi in the country, with more than 76,000 registered tribal members from 68 marae.
As the kaitiaki of the Waikato-Tainui commercial investments, our focus is on the financial health of the tribe, and we see that as entwined with our social and cultural priorities. Wherever possible, our investments seek to create new jobs, add to our whenua (land) and support work that improves the well-being and prospects of our people, our language and culture, and our environment.
Paataka Kai is our programme that sees the annual donation of kai (currently including mutton and mussels) to our 68 marae, we offer Asset Tours year-round for tribal members to see and touch their investments, and our annual Open Day is our way of connecting directly with our people.
First and foremost, we work for our iwi, but structurally that means we report to Te Arataura (the tribe’s executive committee), and through them ultimately to Te Whakakitenga o Waikato Inc.
Our activities are ultimately for charitable purposes.
That is why our annual reports are expressed as surplus or deficit, rather than profit or loss. The annual figures are calculated on income from rents, dividends and other activities, and the gains or losses on asset values.
Our balance date is 31 March, and our results go to Te Whakakitenga o Waikato Inc, which then consolidates them with the results from other tribal entities.
Reporting and accountability
The TGH Board makes monthly and quarterly reports, along with an annual report, which go to shareholder representatives, all marae and our partners in the community.
We also co-host an annual stakeholder function with the wider tribe.
We are guided by Whakatupuranga 2050, the blueprint set down to advance our culture, our people and the prosperity of our iwi as a whole.