Guarantees Against Loss

Guarantees Against Loss (GALs) support events by providing security for organisers against not meeting budgeted ticket sales but are not intended to be a form of long-term and/or ongoing funding.

GAL funding is restricted to a maximum of 15-25% of total budgeted ticket sales and the maximum funding for a GAL is $100,000.

Apply: Anytime - but you will need to make your application up to 6 weeks prior to your event

If you have any questions about our GALs ring 0800 500 185 or email dianne@communitytrustsouth.nz

Will projects on the list automatically get Trust funding?

No, being a project of interest does not guarantee funding from the Trust. However, what being on the list does do is enable the Trust to undertaker longer term planning for potential pressure on our funding.

What is the criteria?

There are no set criteria as this is an information gathering process only, however it is assumed that projects will be significant in nature.

Does this mean these projects will be funded?

No, this is an information gathering process only to enable help the Trust with long term planning. There is no commitment or guarantee of funding from Community Trust South either now or in the future.

When would Heads-Up projects be able to apply for Trust funding?

This would depend on the Trust’s annual grants budget and whether Major Grant rounds were being held in any given year. You can apply for grants up to $100,000 any time however, and we will keep you updated of funding opportunities.

What are the benefits of being on the list?

Submitters will be kept updated on Trust funding opportunities i.e. upcoming Major Grants rounds.

What projects should be on the list?

Major capital projects from throughout the Trust’s region with an estimated total project cost of over $100,000.