The Maurice and Phyllis Paykel Trust encourages the development of health-related research in New Zealand by providing funds for research support.
Scroll down to read about the four categories in which we provide funds, or click here to learn more about the Trust.
It is a charitable trust dedicated to the improvement of health through the support of research and sponsorship of research trainees in the health-related sciences.
In 1980 the trust was incorporated as a charitable body under the Charitable Trusts Act 1957.
The trustees have discretionary use of trust funds to advance medical or paramedical science, including research and education.
In practice, most expenditure is on research projects and the training of health research workers, including travel to scientific meetings and attendance at training courses.
The Maurice and Phyllis Paykel Trust was originally empowered to make a limited number of general charitable donations each year, but lost this ability when Maurice Paykel died in 2002. Since then the sole function of the trust has been to support health research.
Another trust was established by Mr Paykel to provide an independent source of funds for general charitable donations. This is a separate charitable body, incorporated in 1982 and known as the Maurice Paykel Charitable Trust. Further information about this trust is available on its website, www.paykelcharitabletrust.co.nz.