The foundation, founded in 2012, received 85 applications from community organisations totalling $587,871. But as in previous years, the applications far outstripped the funds available.
Mulcahy said the fund will be welcomed more than ever by the charitable sector.
"There were applications from a wide variety of organisations, all of whom play a vital role in a thriving community sector," she said.
"We are fortunate to be able to assist these worthy organisations thanks to the ongoing generosity of our donors."
The foundation's volunteer distributions committee considered all applications in light of the impact of Covid-19 on both the organisations and their clients.
Among the 59 charities to receive funding was social service agency Central Connect Whare Manaake.
The organisation, which has been providing social work support, advocacy and counselling services to the Central Hawke's Bay community for more than 25 years, received a grant of $11,588.49 for wages and operational costs, such as office equipment and stationery.
Central Connect Whare Manaake manager Jackie Aitchison said an extra employee was hired to help deal with the drought and Covid-19.
"Our organisation was an essential service as the family harm responders during the Covid-19 lockdown," she said.
"Not only was our community dealing with the pandemic, many of them were also dealing with the drought which was extremely stressful."
"This means we can continue to assist our community with the support services they so desperately need to get through these unprecedented times," Aitchison added.
Family VIP Services received the most funding ($14,000), while Napier Family Centre ($13,000), Barnados NZ ($12,000) and Heretaunga Women's Centre ($11,000) were close behind.