Welcoming Kate Sclater, Head of Community Investment at Rātā Foundation, to Purposely Podcast. Rātā Foundation is one of twelve community trusts acrossAotearoa New Zealand, formed following the deregulation of the banking sector in the late 1980s. With a fund of around $700 million, it operates in perpetuity across Canterbury, Nelson Marlborough and the Chatham Islands, striving for an equitable and sustainable society under the kaitiakitanga of Te Tiriti o Waitangi. Its name comes from the Southern Rātā tree, a flowering native that lives within an ecosystem and lifts those around it. Kate grew up in Exeter, Devon, in a low-socioeconomiccommunity. At eleven, she was awarded a scholarship to attend a private school, an experience that gave her a daily, lived view of inequality. Walking between two worlds shaped a belief that would carry through her entire career: whatphilanthropy gives people is not just money. It is belief in themselves. Her early career in the UK took in the National LotteryCharities Board, where she ran a small grants pilot designed to reach the parts of the voluntary sector other programmes had not reached. She recalls a man in Plymouth who received a grant of two and a half thousand pounds to bring acommunity together around a football, who later secured six million pounds of European regeneration funding for his neighbourhood. The lesson she carried from that: remove barriers, meet people where they are, and enable them tobelieve what is possible. Twenty-two years ago, Kate arrived in New Zealand with herpartner. Her first role here was with St John, before Canterbury's twin crises, the earthquakes and the 2019 mosque shootings, shaped much of what Rātā became.In both cases, the foundation's pre-existing relationships with funders, iwi and council meant they could respond within days, not weeks. Kate is clear: you cannot build those relationships in the moment of trauma. They have to existbefore the crisis arrives. At Rātā, Kate has helped develop a community investmentapproach that sits across a full range of tools: grant funding, multi-year partnerships, capability building and impact investment. Their current strategic focus areas are health, housing, education and environment. Housing has been the primary focus for their impact investment work, using construction financing, revolving credit facilities and equity placements to support affordable rental and progressive home ownership. The outcomes are tangible. Afamily that had moved fourteen times in ten years now has a stable home. The educational and health outcomes that follow from that stability are what intergenerational change actually looks like. The conversation also covers the AI capacity-building workRātā has supported through the Nelson AI Sandbox, helping community organisations use the technology ethically and practically, including for multilingual communication, grant writing and data collection. Kate talks abouta future in which AI might allow funders to have conversations with people that populate application forms, rather than requiring applicants to navigate written processes that can feel designed to exclude. What philanthropy actually gives people, and why beliefmatters more than money The geographic reach and intergenerational purpose of RātāFoundation Impact investment as one tool among many, and why housingwas the right place to start Responding to crisis, the mosque shootings, the earthquakes,and why relationships have to come first Starting again: arriving as a migrant and starting again AI, the digital divide, and how the community sector cankeep up Holding purpose tightly and method lightly This episode of Purposely is brought to you by Benevityand Trust Investments. Key Themes