The Trust Fund with its diversified income streams had an outstanding year, with a net 16.5 per cent return. This return is out of the ordinary, and as such our outlook for 2020 will be in a more conservative range.
Our primary focus continues to be on financial assistance towards student scholarships and bursaries. In 2018 This Trust Fund enabled the Foundation to distribute $377,000 to the College for targeted scholarship and bursary assistance.
Since the establishment of the Foundation, a wide range of Capital Endowment Funds for scholarship and bursary purposes have been endowed. Endowed scholarships allow the Foundation to support St Peter’s in perpetuity, and are a focus of the Foundation.
Annual Report 2019
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