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flag In 2026, New Zealand’s Bashford–Nicholls Trust transferred $14 million to the Taranaki Foundation to support agriculture and vet science students locally.

flag In 2026, New Zealand’s largest trust asset transfer occurred when the Bashford–Nicholls Trust, founded by two South Taranaki farmers, moved its $14 million legacy to the Taranaki Foundation. flag The partnership ensures continued local management of funds, with about $300,000 annually supporting over 50 students in agriculture and veterinary science through scholarships and research grants. flag The move strengthens regional philanthropy, honoring the founders’ vision while promoting sustainable, community-driven impact through endowment giving.

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