The Otago Community Trust is pledging to donate a further $6m over the next 12 months.

The trust gives money to community groups and organisations during several funding rounds throughout its financial year.

It's prioritising grants for projects involving house insulation, cycleways, youth health and well-being, and rural health.

Already the trust's spent $1.2m on those initiatives this financial year to date.

The organisation has almost $260m invested.

Since its inception in the mid 1990s it's donated more than $145m.