Q. Why does St Aloysius’ College ask for gifts in addition to charging school fees?
A. The fees charged by the College do not incorporate a Capital Component, thus all funds for the construction of new educational facilities must be raised through fundraising. The College also charges an inclusive fee – apart from private Music lessons, no other charges are added to our fees – IT Levy, Library Fees, excursions, camps retreats etc.
Q. How are gifts to the College used?
A. Gifts to the College are used in accordance with the donors wishes – they support the Building Fund, Library Fund or the Bursary Fund and enable the College to build/renovate facilities and acquire additional academic resources that are above and beyond the normal College budget process. Philanthropic support designated to the College endowment and facilities ensures a quality Aloysian education for current and future generations and keeps the College at the forefront of boys’ education in Australia.
Q. How much should I donate?
A. All gifts to the College, no matter what size have a lasting and positive impact. A gift of $100 may provide library books to the Junior School; $500, microscope repair and maintenance for a Science class; $1,500, a new piece of specialist gym equipment; $3,500, new computer programmes for the Mathematics or Art Departments; $5,000, could enable the Music Department to acquire a new instrument; or $13,000, provide a years’ tuition costs for a boy on a Bursary. Your contribution today may be the catalyst for a student's contribution to the world tomorrow. We know that there are members of the Aloysian Family who are in a position to make generous gifts that have the power to make significant changes to the College, we also know that there are people who genuinely cannot afford to make large gifts, all we ask is that every member of the Aloysian Family makes a gift in keeping with their situation, knowing that it will be an agent for positive change at the College.
Q. How can I make a gift?
A. You can support St Aloysius’ College by making a gift of cash, appreciated assets, or bequests. To make a gift today, please call the College Development Office on +61 2 9936 5561. To make a gift online, go to our secure online gift portal – www.staloysius.nsw.edu.au/makeagift
Q. Why is my participation important?
A. Regardless of the size of the gift, every gift counts. Maximising participation is not only a testament to our donors’ belief in what we are doing, it is a statement to foundations, corporations, and prospective students that St Aloysius’ College comprises a community actively involved in the advancement of its mission and the provision of the best education possible for current and future generations of Aloysians.
Q. Who can I contact if I have a question about my giving, need a duplicate receipt or want to see if I have paid my pledge?
A. If you have a questions about giving, need a printed receipt or inquire if you have paid your pledge, contact Lana Huntley, on +61 2 9936 5562.
The St Aloysius’ College Bursary Endowment Fund
A healthy endowment can give a school a measure of financial stability and independence that it might not have otherwise. When the corpus is invested wisely and nurtured carefully, and annual spending is set at a level reflecting expected long-term rates of return on the fund, an endowment helps to assure a school’s future while supporting its present needs.
The College Foundation established the St Aloysius’ College Bursary Endowment Fund in 2011 with initial funding coming from the Estates of The Late Dr Joan Murray (Past Parent and SAC Staff 1958 – 1972), Dr Jean Cull (Widow of Dr Frank Cull, SAC 1937) and Keith Cosack (Friend of the College).
The Bursary Endowment Fund operates with a time horizon measured in decades or even centuries. The goal is to preserve the purchasing power of these assets while providing a sustainable and predictable flow of funds directly to the College Bursary Programme. For that reason, the College Council and the College Foundation has sought professional investment advice from JBWere – Australia’s oldest and leading investment company. The College and JBWere have created a highly diversified portfolio which produces higher returns at a lower risk than would otherwise be achievable.
With continuing support from the Aloysian Family, coupled with prudent investment advice and management, ultimately the College Bursary Endowment Fund will become a self-funding entity providing assistance to those who seek our help for many years to come.