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19

Endowment which was negotiated as part of the

Waikato River Settlement. Subsequent to that approval,

we have entered into a Deed of Transfer with Te

Whakakitenga that sets out the terms and conditions

of the transfer. We are now on the cusp of receiving

the fund and fulfilling the purposes of the endowment

envisaged through the Waikato River Settlement, and

on behalf of Waikato-Tainui.

Hei Whakakapi

In Closing

We look forward to the new financial year, and to

building on the collaborative work that we have

in place across Waikato-Tainui to support the tribe

achieve its objectives within Whakatupuranga 2050.

We remain grateful for the continued support that we

have received during the year from our Patron, Kiingi

Tuheitia, and Te Whakakitenga o Waikato, Te Arataura,

and our marae and whaanau. We acknowledge our

partners and collaborators​ ​—​ ​without you a lot of our

programmes would not have been possible. We also

extend our appreciation to the Boards and staff across

the Waikato-Tainui Group who work tirelessly to advance

our iwi. And finally, to our staff and my fellow Trustees,

thank you all for your perseverance, commitment and

contribution to our College in 2015/16.

Kia ora,

JOHN HEREMIA

Chairman

Waikato Endowed Colleges Trust

DR. SARAH-JANE TIAKIWAI

Academic Director

In September 2016 our third cohort will

graduate from our MBA programm,

contributing to the leadership potential

of Waikato-Tainui.