Trusts involving NZPF
There are several Trusts in which the NZPF either is represented by Trustees or directly administers. These are as follows:
The Trust provides financial assistance to any individual or group of people for the purposes of education, knowledge and advancement of philately or culture generally as expressed through postage stamps or historical postal services.
The Trustees comprise two representatives of the New Zealand Stamp Dealers Association, and two representatives of the New Zealand Philatelic Federation.
In 2009 the NZPF established the Trust which it administers. A Trust was originally established in Whakatane in the memory of a former member of the Whakatane Philatelic Society. Subsequently the funds were transferred to the NZPF to administer.
The objectives of the Charitable Trust are stated as the advancement of the hobby of philately in New Zealand by means of supporting National Exhibitions. This is done through the provision of suitable awards, currently by providing the Runner-up to the Grand Award.
The Trust also provides some financial support, through an education fund it established, to the Federation Education Officer and will consider applications from philatelic societies holding training course, workshops or seminars. Such applications must conform to the requirements detailed at Applications for Support Fletcher Cole Memorial Trust
Established in memory of Phyllis Turnbull, the fund was managed by the NZPF. In July 2003 it converted the remaining funds into a travelling trophy which is available to national exhibitions.
Other Philatelic Trusts
The Central Districts Philatelic Trust is a member of NZPF. The underwriting of the annual philatelic convention in Palmerston North and the expenses of the NZPF Central Region delegates; assisting with the maintenance of the Manawatu Philatelic Society library; and, helping finance the biennial NZ philatelic literature exhibitions are among the activities it is involved with.
The ZEAPEX Philatelic Trust is a member of NZPF. It has provided over $500,000 to support the hobby over the years and remains committed to supporting organised philately in New Zealand.