Bishops has a proud history, going back to when the school was founded in 1849 by Bishop Robert Gray. During those years the school has touched the lives of many, as students, as parents and as staff. Bishops is fortunate to have a large community of supporters, both in South Africa and around the world.
Bishops is often seen as a wealthy institution and most people assume that the school is well endowed. Sadly, that is not the case. The school runs on a break-even basis each year with the income received by way of fees just covering the school’s operating costs. The largest expense of operating the school is the cost of employing staff. That is to be expected from any school, but in order to be a leading school producing excellent well-rounded graduates, Bishops has a higher staff complement than many other schools of comparative size and pays salaries well above the average. The remainder of the income is used for maintenance and operations and there is very little, if anything, left to allocate to free reserves to spend on upgrades and infrastructure.
The school’s endowment fund is pitifully small for a school with such a long and proud history as Bishops has, with a multitude of successful old boys operating at the highest levels in their chosen fields throughout the world.
The time has come to address this and the other pressing needs that the school faces as it plans for the future. The Bishops Trust was revived in 2016 for this purpose and in late 2016 the 175 Campaign was launched. The new trustees include ODs, current parents, past parents and members of staff. A number of the trustees represent more than one of these communities.
A number of priority projects have been identified. These are:
- Capital Projects
- The General Endowment Fund
The 175 Campaign is an appeal to the whole Bishops community; old boys, parents, past parents as well as staff and even the current students at the school, asking you all to give generously to ensure that Bishops can face the future on a strong footing, continuing to be an inclusive centre of excellence producing graduates that can contribute meaningfully to their communities and in turn, support Bishops some day in the future, when they have the ability to do so.
If you would like to find out more about The Bishops Trust, 175 Campaign, please see here.