Eleven grants totalling $262,456 were approved by the trust - eight of those operational grants to assist welfare organisations to continue the delivery of programmes and services.
The Kelvin Peninsula Community Association received the largest grant to help with its project, which had been in the planning for about two years.
Association president Charlie Phillips told the Otago Daily Times the grant was the ''real catalyst to get it done''.
''What a fantastic organisation they are in supporting community initiatives.
''We've been conceptualising probably for a couple of years - trying to get our submissions in order took a bit of time.''
Mr Phillips said the proposal was for two multipurpose courts for both tennis and netball, with a ''tiger turf surface'' similar to what had been installed at Remarkables Primary School.
The need for the courts had arisen from a growing number of young families living in the Kelvin Heights area, and while the area was ''rich in geographical activity'', there was a ''distinct lack of sporting facilities''.
The courts were planned to be established next to the Croquet Club in Jardine Park.
The total cost of the project was about $150,000 plus GST.
Mr Phillips said it was hoped the courts could be constructed by this summer.
''We've still got some money to raise but we do it out of our own money.
''[The grant] is about 40% of what we need - we are fortunate to have a bit of money in the bank [but] we're looking to run a few events [as fundraisers].''
One potential fundraiser was a golf tournament, with the possibility the association could also organise a corporate multisport race, including swimming, paddleboarding or rafting in Lake Wakatipu, a bike ride and a run, followed by a social gathering at the Kelvin Heights Yacht Club.
''That [idea] is very much in its infancy.''
The association made a submission on the Queenstown Lakes District Council's draft annual plan seeking financial assistance for the project, for which the land had been offered by the council.
Other grant recipients included the Dunedin Community Law Centre, which received $16,000 towards its Central Otago Outreach programme, held 11 times a year across Central Otago and the Lakes district, providing free community legal services, advice and advocates for those who were unable to access traditional legal services.
Live Environments Aquaria, which has been funded by the trust since 2007, received $15,456 to enable the service to continue for the next 12 months.
The goldfish aquaria project is in place in eight rest-homes in Alexandra, Queenstown, Wanaka, Cromwell and Roxburgh.
Central Otago Compassionate Friends, which provided counselling support once Victim Support's initial contact with a family ceased, received $11,500 to support the co-ordinator's role.
Age Concern Southland received $11,000 to enable it to continue to offer support and education to the elderly in the Queenstown area, improving knowledge, health and quality of life and reducing isolation, while the Disabilities Resource Centre Queenstown received $20,000 towards its office rental costs.
The centre helped to meet the needs of people with disabilities and those who supported their aspirations, through the provision of information and resources. Destination Queenstown received $25,000 to go towards ''festival expenses''.
Other grant recipients were Happiness House Trust, based in Queenstown ($36,000); Salvation Army Alexandra ($27,500); Salvation Army Wakatipu (15,000); Supporting Families in Mental Illness Central Otago ($25,000); and Age Concern Southland ($11,000).