Rangi Ruru Girls' School Philanthropy Report 2019

Page 6

FROM THE CHAIR Chair of Foundation Stephen Anderson • takes a look back over the past 12 months It has been my pleasure to serve on the

On behalf of the Trustees I would like

Rangi Ruru Foundation for the past six

to thank you, our donors, for your

years and to be its Chair since 2016.

generosity to Rangi Ruru Girls’ School which proudly, this year, celebrates 130

The Foundation meets its obligations

years of educating young women. We

through

of

hope that you will continue your support.

donations and bequests passed to it

its

We encourage our Old Girls to pay it

from the school, ensuring that they are

forward by supporting a scholarship or

maintained and used for the purpose for

remembering the school in your Will for

which they were given. The Foundation

our future aspiring students.

currently

fiscal

manages

stewardship

in

excess

of

$4million.

With the impact of COVID-19 on the economy and our investments, 2020 will

As part of that stewardship, the Trustees

be a significantly more challenging year

receive and assess applications for

for the Trustees. However, the results

funding and support from the students,

from 2019 has left the Foundation in a

staff and Board of Rangi Ruru Girls’

strong position to weather the storm.

School. In this regard, the Foundation had another successful year in 2019,

Rangi Ruru Girls’ School continues to

with

honour its promise to provide a quality

grants

totaling

$52,680

to

seventeen recipients.

education, which is truly a gift for life. I have very much enjoyed my time as

Scholarships

and

Bursaries

totalling

Foundation Chair and association with

$10,600 were awarded to 4 students

the school as a past parent and Board

and $160,000 was repaid to the Board to

member. I thank Trustees both past and

retire debt.

present and wish the school the very best for the future.

The Foundation supports the Board in

its

endeavours

to

support

the

school. It looks forward to continuing to

contribute

development

to

future

projects,

capital

working

to

complete the campus master plan. In 2019, the Foundation was pleased to support further development of the site with ceding funding allowing planning for the next phase to commence.

6

STEPHEN ANDERSON | CHAIR APRIL 2020


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