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The SCMA Trust
- The signing of the Trust Deed in 2001. Rev Dr Alan Brash was the witness.
The SCMA Trust was formed in 2001. The purpose of the Trust is to properly manage the property, endowments and savings the NZSCM and SCMA have built-up over the history of the movement. The income from the investments is used to develop the assets and to provide the movement with an annual income. The Trust's members are senior friends with financial abilities.
You can give money to the Trust and be confident that it will contribute to the long-term security of the movement.
Ethical investment
The Trust is only allowed to make investments that conform to thefollowing criteria as closely as possible:
1. The SCMA Trust must invest its assets in ways that make a positive contribution to Society and which avoid harming creation or people, asfar as this is possible.
2. Criteria which the Trust should consider when deciding whether ornot to invest in any person or body including whether that person or body:
a. promotes democracy within industry
b. produces necessities rather than luxuries
c. plays an active part in community development
d. creates minimal pollution
e. employs where-possible under-priviliged people, or people with disabilities
f. has good health and safety standards
g. provides caring servicesh. stimulates employment
i. provides resources for oppressed people worldwide to obtain justice
j. provides support through their activities to those who are in need (those who are unemployed, in prison, experiencing financial problems (are exploited), the inexperienced, the low paid (are discriminated against), Maori, women, minority groups or have special needs (the elderly, people with disabilities).
3. The SCMA Trust should not invest in any person or body which:
a. deals in armaments, alcohol or tobacco
b. uses shoddy consumer goods
c. uses excess packaging
d. wastes non-renewable resources
e. practices discrimination on grounds of race, age, colour, sexual orientation or creed
f. refuses to recognise the rights of workers
g. ignores the United Nations resolutions and conventions
h. supports repression anywhere in the world
i. is involved in gambling in excess of speculation
j. exploits under-priviliged persons by providing low wages and poor working conditions
k. entices the poor into financial over-committment
l. deceitfully advertises new products or activities
m. enables or encourages the evasion of payment of income tax
n. is designed for violent purposes
o. supports unjust practices, regimes or societies
p. is unhealthy or dangerous
The SCMA Trust can be contacted:
c/- Williams & Batchelor Chartered Accountants
PO Box 8575
Riccarton
Christchurch 8034.