The Trust has a range of initiatives, including the annual Sir Peter Blake Leadership Awards. These awards consist of the Blake Medal, awarded each year to an outstanding New Zealand leader, and the Sir Peter Blake Emerging Leader Awards, presented annually to six people recognised as younger leaders of considerable potential. The winners of the Blake Medal, in order starting 2005, are John Anderson, Stephen Tindall, Paul Callaghan, Murray Halberg, John Hood (university administrator), Ray Avery, Margaret Bazley, John Graham, Mick Brown, Peter Jackson, Rob Fenwick, Peter Gluckman, Mason Durie and Tariana Turia.