The Invercargill Licensing Trust is a Licensing Trust in the city of Invercargill in New Zealand.
It has a monopoly on the development of premises licensed for the sale of alcoholic beverages, and associated accommodation, in the city and uses the profits from these to fund school, sports and cultural groups, and welfare bodies. Along with its Charitable Trust and Sports Foundation it provides donations and sponsorships of approximately $3 million annually to nearly 500 organisations.
Read more about Invercargill Licensing Trust: ILT Foundation, History
Famous quotes containing the word trust:
“I cannot trust myself to put in words what I feel at this time. Every kind thought that is in your minds and every good wish that is in your hearts for me finds its responsive wish and thought in my mind and heart for each of you. I love this city. It has been my own cherished home. Twice before I have left it to discharge public duties and returned to it with gladness, as I hope to do again.”
—Benjamin Harrison (1833–1901)