Te Pūtea Whakatupu Trust has reset its Strategic Focus for the next five year period.
It remains a disturbing fact that roughly half of all Māori students leave school with no formal qualification of any kind. A distressingly small percentage of Māori students progress to tertiary education. The ‘long, brown tail’ of underachievement still shamefully characterises our formal education system.
Further along the vocational spectrum, Māori are seriously under-represented at supervisory and managerial levels in sectors of the economy where Māori have a significant presence in other respects (for example, fishing, forestry and farming). In many instances, assets are owned by Māori but, for a variety of reasons, managed by non-Māori. The directors have decided to focus on ensuring Māori are well represented at all levels of these key industries – with a focus over the next three years on the fisheries industry.
These trends are happening at a time when many Māori groups are moving into the post-treaty settlement phase, which creates increasing demand on the supply of skilled Māori personnel in these sectors of the economy.
Because of these trends, the directors have decided to spend the income of the Trust for the foreseeable future in funding projects and initiatives which address these fundamental obstacles to Māori development.
The directors have reset the Strategic Focus of the Trust to the following:
Te Pūtea Whakatupu Trust exists to accelerate Māori social and economic development by achieving—
- higher levels of educational achievement amongst Māori; and
- higher levels of workforce participation by Māori in key sectors of the economy.
Accordingly, the basic objective of the Trust is as follows:
The Trust will be successful when—
- Māori levels of educational achievement are at least as good as those of the general population; and
- Māori participation in the workforce in targeted sectors of the economy is at least reflective of Māori population statistics.