175 Campaign


Overview

Bishops has a proud history, going back to when the school was founded in 1849 by Bishop Robert Gray. During those years the school has touched the lives of many, as students, as parents and as staff. Bishops is fortunate to have a large community of supporters, both in South Africa and around the world.
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Bishops is often seen as a wealthy institution and most people assume that the school is well endowed. Sadly, that is not the case. The school runs on a break-even basis each year with the income received by way of fees just covering the school’s operating costs. The largest expense of operating the school is the cost of employing staff. That is to be expected from any school, but in order to be a leading school producing excellent well-rounded graduates, Bishops has a higher staff complement than many other schools of comparative size and pays salaries well above the average. The remainder of the income is used for maintenance and operations and there is very little, if anything, left to allocate to free reserves to spend on upgrades and infrastructure.

The school’s endowment fund is pitifully small for a school with such a long and proud history as Bishops has, with a multitude of successful old boys operating at the highest levels in their chosen fields throughout the world.

The time has come to address this and the other pressing needs that the school faces as it plans for the future. The Bishops Trust was revived in 2016 for this purpose and in late 2016 the 175 Campaign was launched. The new trustees include ODs, current parents, past parents and members of staff. A number of the trustees represent more than one of these communities.

A number of priority projects have been identified. These are:

  • Bursaries
  • Capital Projects
  • The General Endowment Fund

The 175 Campaign is an appeal to the whole Bishops community; old boys, parents, past parents as well as staff and even the current students at the school, asking you all to give generously to ensure that Bishops can face the future on a strong footing, continuing to be an inclusive centre of excellence producing graduates that can contribute meaningfully to their communities and in turn, support Bishops some day in the future, when they have the ability to do so.

If you would like to find out more about The Bishops Trust, 175 Campaign, please see here.

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Bursaries

Extra Term

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"Education is the most powerful weapon which you can use to change the world" - Nelson Mandela

In 2015 we piloted “The Extra Term Initiative” with the objective of a family or friend of Bishops paying an extra term’s school fees for a boy from a less privileged background.

The initiative saw each family’s commitment to paying the “Extra Term” for the duration of a boy’s College career at Bishops. This would allow four families to provide a disadvantaged child with an opportunity to attend Bishops - one he would otherwise not be able to afford.

Thanks to the generosity of several parents to date, this initiative has enabled us to enrol eight boys in 2016. We are hopeful that, with the assistance of parents, ODs and corporates wishing to become involved, we will be able to finance bursaries for an additional ten boys in 2017 and every year going forward. This tax deductible gift will provide a life changing opportunity for a boy; a boy who will be raised with the Bishops ethos of “Inspiring Individuals”.

The Bishops Trust is a registered PBO and we are authorized to provide Section 18A tax exemption certificates for these payments.

As a bursary is a very personal gift, we will also offer you mentorship opportunities with the beneficiary. This will be optional and a meeting will be held at the school to discuss and establish guidelines.

The fees for 2017 are as follows:

Details Tuition Only Boarding Only Total
Annual fees for 2017 R125 350 R94 160 R219 510
Termly amount (1/4) R31 338 R23 540 R54 878
Sponsor commitment for 2016 i.e. your commitment R31 338 R23 540 R54 878

(Fees will increase annually between 7 and 11% and are payable in advance. Section 18A taxation certificates will be issued annually in February for the amount actually paid)



Bursary Fund

"Education is our passport to the future; For tomorrow belongs to the people who prepare for it today." - Malcolm X

The Extra Term initiative is a bursary/mentorship programme that will not suit all donors. Donors who do not wish to commit for the full five years but would like their donations to be allocated to bursaries are able to contribute in the following ways:

  • A once off tax deductible donation towards the Bursary Endowment Fund.
  • Lump sum payment/s over a number of years which allow for named bursaries in perpetuity.
  • A donation allocated to the OD Bursary fund; a vital part of this fund which aims to assist boys of good character, whose fathers or grandfathers are OD’s and would like to continue the tradition but cannot find the financial support themselves.

Funds are invested through our investment committee and our hope is to grow this fund in order to achieve a self-sustainable bursary programme.

Should you wish to discuss these options further, please contact Nikki Matthews.



Capital Development

The school, together with professional advisors, has recently been through a thorough review of its current facilities and what facilities it will require in the years ahead if it is to continue to be a leading centre of modern learning and to remain an Inclusive, Global Centre of Excellence.

In a fast-changing world, with new technologies evolving at an exponential pace, the educational practices of the past need to be adapted to prepare our students for the future. Many of the school’s facilities have become run-down and are facing obsolescence. One of the priority projects of the 175 Campaign is to raise funds to finance a number of much needed capital projects. Some of the key capital projects include:

  • Upgrade to Prep School library and media centre
  • A new multi-functional sports centre
  • An upgrade to the Frank Reid Cricket Pavilion precinct and an upgrade to the aquatic complex
  • An expansion to the capacity of the theatre
  • Upgrades to the Music School and the construction of a Conservatoire
  • Upgrades to existing, and construction of additional, Science and Biology classrooms




General Endowment Fund

Bishops hopes to grow its General Endowment Fund to a size comparable to the Endowment Funds of comparable schools around the world. The capital would remain invested and the income generated would provide the school with a predictable source of additional revenue as well as with long term financial stability.



Legacy Gifts

"The idea is not to live forever, it is to create something that will." Andy Warhole

We invite you to leave your legacy.

For many of us, school was more than a space purposed for teaching and learning. For many it was a home away from home; a space where lifelong friendships formed and memories were made. Bishops is an institution which provides a leading education and offers its boys a great head start in a competitive world. Once you leave Memorial Gates, you all go on to wear many hats but the one constant is that you will always remain a Bishops Boy.

In this ever-changing world, it is our duty to remain ahead of the pack and offer future generations the same benefits and opportunities that previous generations provided for you.

With tax benefits and the opportunity to etch your name in Bishops history, we invite you to leave your legacy at the place where many of you started out.

When remembering Bishops in your Will you have the option of drafting a new Will or adding a Codicil to your existing Will. Each page of the Will or Codicil must be signed by the Testator/Testatrix, and their signature must be witnessed by any competent person over the age of 14, with the exception of the following:

  • A beneficiary/heir or his/her spouse
  • A guardian, executor, trustee or their spouses

The original Will or Codicil should be given to your executor for safe-keeping.

The Bishops Trust would appreciate being advised in respect of a bequest made to it as the Bishops Trust wishes to acknowledge the bequest during the lifetime of the donor. All correspondence will be treated in the strictest confidence.