Bishops Trust


In 1981, the Bishops Trust – the brain-child of Council member John Newman – was formed with John Selfe, OD and former career diplomat, as its first director. The Council set up the Trust to help provide a constant flow of funding for the school, its prime objectives spelt out in the original trust deed being:

  • To provide the opportunity to attract and collect funds
  • To act as a conduit for funds, such that any donations received would be loaned to the school
  • To ensure that the aims and achievements of Bishops should be given the widest publicity
  • To improve communication between all interested parties, to remind them of the school’s needs and to encourage them to remember Bishops in their wills

What has been little recognized was the foresight displayed by John Newman and his fellow members of Council: a further important reason for the establishment of the Trust was that the Council members of the time foresaw a complete change of government within the foreseeable future – with the potential consequences of the school being nationalized. Thus, it was considered prudent that the money from any future fund raising campaigns should rather be collected in the name of the Trust, loaned to the school and, in the event of nationalization, claimed back. History reveals that the Council members were very right in respect of a change of government and very wrong on the matter of nationalization – and in recent times the loans to the school have been written off by the Trust in its financial accounts.

Under John Selfe and his successors, first Anthony Lister, then Eileen Shean, the Trust office was active in marketing the school, driving campaigns to raise funds and handling donations. Considerable administrative support came from trustees, such as Lawson Howes in his capacity as treasurer, ensuring effective and efficient management of a key element of the school’s affairs. In recent years, responsibility for much of this field work has been taken over by executives of the school itself, albeit that the trustees continue to hold a watching brief and the trust itself continues to act as a conduit for funds.

Nowadays, benefactors of the school use the Trust – and its associated trusts in the United Kingdom and the USA – as a beneficiary of their generosity, financial planning and wills – and particularly in the case of the two foreign trusts – as a tax efficient route for making donations.

Tax Incentives


RSA

SA Tax Efficient Giving

UK

UK Tax Efficient Giving

USA

US Tax Efficient Giving

Contact details for all three trusts are as follows:

THE BISHOPS TRUST

TRUSTEES AND DETAILS – OCTOBER 2011

SOUTH AFRICA

The Bishops Trust
Camp Ground Road
Rondebosch
Cape Town, 7700

Email: principal@bishops.org.za
Tel + 27 21 659 1000

Public Benefit Organization Number: 18/11/13/3070

Trustees:
A T Ramsay - Chairman
G R B Nupen - Principal Ex Officio
B Robertson - Chairman OD Union Ex Officio
J A C McGregor - Past Chairman of Council
M. Bourne - Chairman of Finance Committee
M J Bosman - Chairman College Council Ex Officio
M Govan - Secretary

UNITED KINGDOM

Diocesan College Trust
c/o Graham Thomas
RIT Capital Partners plc
27 St James’s Place
London, SW1A 1NR

Email: gthomas@ritcap.co.uk
Tel +44 (0)20 7647 2754

Charity Registration Number: 275618

Trustees:
G D M Thomas
B W C McGregor

UNITED STATES OF AMERICA

The Bishops Foundation Inc.
40 East 80th Street, Suite 6B
New York, NY 10075

Email: bishopsfoundation@gmail.com
Tel: (631) 365-2486, (631) 898-4774

Tax ID No.: 133366564

Trustees:
L J W Goetz, Chairman
R W M Frater
D R Sutton
A Bicket

CANADA

Diocesan College Trust Canada
c/o Philip Marx, 1511 Juniper Place, Comox, B.C., V9M 1A2

Ph:250-890-3697 email: pmarx@shaw.ca

President: T..J. Newton, Treasurer: P.S. Marx
Directors C.B.Guelke, J.W.Hueton, I.B.K.Simpson, R.F.Townsend
Revenue Canada registration No. 87184 8990 RR0001

April 2012


65 Campground Road, Rondebosch, Cape Town, South Africa, 7700 | Phone +27 21 659 1000 | Fax: +27 21 659 1013

Copyright © 2015 Bishops Diocesan College