"Art and culture makes life better, helps to build diverse communities and improves our quality of life. The Hawke's Bay Arts Fund provides a channel for those who are passionate about the arts to donate or bequest directly to that community," Ms O'Sullivan said.
"Local support is vital in ensuring that funding for art and culture continues. We're encouraging people that 'live here, to give here'."
Any individuals, families, businesses or trusts that care about creating and sustaining a vibrant arts scene in Hawke's Bay can make donations. Contributions to the fund can be made during an individual's lifetime, or through an individual's will, as a lasting legacy to the arts in Hawke's Bay.
The Hawke's Bay Arts Fund has been established as the first specific 'field of interest' under the Hawke's Bay Foundation. The arts and culture community is one of five areas the foundation supports to help ensure Hawke's Bay is a thriving region. The other areas include; health, community and social, natural environment and learning.
The arts fund will operate on an endowment model. This means that the capital of any donation into the fund will be preserved, and invested for the long term (and grown with inflation). Only the earnings generated on the invested funds will be used to fund the arts in Hawke's Bay.
The Hawke's Bay Foundation was set up in 2012 and is a registered charitable trust, which receives donations and bequests on behalf of the Hawke's Bay community and then safeguards those funds and grows them for the long term. The aim of the foundation is to put the "community" back into community and in turn create a thriving region.
To find out more about how you can support the arts community through the Hawke's Bay Art Fund visit: hawkesbayfoundation.org.nz.