Generous donations from their members have seen Poverty Bay A&P Assn (PBAPA) top up their endowment fund at Sunrise to the tune of $6166.
Last year many of their 900 members, in addition to paying their annual membership and purchasing carparks and tickets to The Show, also donated a little bit extra to help them build their legacy fund.
Erica McNeil, PBAPA General Manager, says “we are fortunate our members are passionate about what we do. We want to reassure our members that their donations aren’t going to go into the general coffers to get gobbled up by day to day operating costs.”
“Our endowment fund at Sunrise is all about sustainability. We don’t have extra money to build up our fund and are reliant on others to help. We’re very thankful to everyone that gave donations last year which have helped us grow our fund for the future.”
Rob Telfer, PBAPA President, says many people probably aren’t aware of how important The Show is for the financial viability of PBAPA. “Two years ago bad weather meant the gate takings were down significantly. Even if the weather is bad and not many people turn up, we still have the same amount of expenses to cover.”
Read more about the PBAPA fund