The
Company
Paerangi Limited is a Limited Liability Company with Charitable status.
It was established and constituted in 2001 to support, assist and advocate
for the Māori Colleges. The company’s main task is to work
collaboratively with the Ministry of Education and develop a Crown Business
Case for the provision of public funds to support and further develop
the Māori Colleges.
Since 1996/97, the Ministry has worked with, and provided financial
support to Te Runanga o Paerangi and each of the Kura, to progress initiatives
aimed at helping and supporting the raising of educational outcomes
in these schools.
In 2001, the Paerangi Runanga established Paerangi Limited as a charitable
limited liability company to take a lead role in progressing the development
of a Paerangi Business Case in partnership with the Ministry of Education.
Paerangi Limited was incorporated on the 13th of February 2001 and became
operational on the 2nd of July 2001.
6 Māori Colleges form the core shareholders of Paerangi Limited:
Turakina Māori Girls College, St Joseph’s Māori Girls
College, Te Aute College, Hukarere College, Hato Petera College, Hato
Paora College.