The Calne Foundation Trust Issue 4 Summer 2016
Welcome to the annual CFT Newsletter Since its inception in 2012, The Calne Foundation Trust has gone from strength to strength. Established in order to support present and future generations of pupils at St Mary’s Calne and St Margaret’s Preparatory School, The CFT has made tremendous progress this year. I remain so grateful that so many members of the wider school community (be they alumni, parents, former parents or staff) choose to support the Foundation when there are so many other calls on their generosity. A number of recent capital developments at St Mary’s and St Margaret’s have been funded entirely from school resources. But, unlike many independent schools, we do not have the benefit of substantial endowment reserves so, for bigger projects, it is essential to raise funds by other means. We are extremely grateful to have received significant pledges and donations to enable us to move forward with various projects identified in the strategic plan for the next 10 years.
Our recent Cantabile concert raised almost £7,600 for this worthwhile cause bringing the total raised by the three schools to £1,983,100. Great schools such as St Mary’s Calne and St Margaret’s Preparatory School are made up of outstanding pupils from a wide range of backgrounds. Ensuring that talented and academically gifted students from all walks of life have access to an education at Calne is integral to the vision and ethos shared by both schools. The Bursary Fund now stands at £484,607 thanks to the tremendous support following our recent appeal. We owe a debt of gratitude to every single donor for every single pound. Through generous donations the school is able to offer places to pupils who, quite simply, without this help, would struggle to find the means to benefit from the outstanding education offered by the schools. Thank you to all who have supported the CFT over the past year.
We continue to raise funds for The Armed Forces Fund – a joint venture with Radley College and Downe Cari Depla House – to support the education of children who have Director of Development a parent, of any rank, killed or wounded in active service.
Shaping the Future St Mary’s and St Margaret’s have set out their vision for the next 10 years. There are a wide range of projects from sport through to science, the performing arts and library provision. However, the schools cannot achieve the vision through fee income alone. Like most schools, the majority of our income is spent on teaching and learning. Approximately 7.5% of income is spent annually on the estate and on reinvesting in assets. To continue to be at the forefront of independent education, we need to invest more heavily in the future of the school, and provide pupils and staff with the best possible environment in which to live, learn and work. The new facilities planned will provide greater opportunities for the pupils and we also want to bring these opportunities to those from a wide range of backgrounds through our bursary and scholarship programmes. Therefore, we need to fundraise in order to make the 10 year vision a reality and we are grateful to those philanthropists in our community who have already offered support. If you would like to find out more information about our Capital Projects, please contact the Director of Development, Mrs Cari Depla. The Calne Foundation Trust Charity No. 1147327 office@calnefoundation.org