IS THE 100MILLIONFORCOLLEGE CAMPAIGN?

The 100MillionforCollege Campaign is a historic five-year campaign to create a R100million endowment fund for the school.

Endowment funds are critical sources of permanent, long-term funding for successful educational institutions the world over. They enable them to make commitments far into the future, knowing that resources to meet those commitments will continue to be available.
A strong endowment provides financial depth and permits confident planning.

The capital raised will be preserved intact, with the income generated used to meet pressing financial needs such as scholarships and to improve the school’s extensive infrastructure. As Maritzburg College heads towards the end of the second century of its existence, it is of the utmost importance that the school is placed on more sound financial footing.

The 100MillionforCollege Campaign will be the focal point for the school’s fundraising activities over the coming years.

DONOR LEVELS

  • R 10,000:
  • R 25,000:
  • R 50,000:
  • R 100,000:
  • R 250,000:
  • R 500,000:
  • R 1,000,000:

Bronze Donor

Silver Donor

Gold Donor

Diamond Donor

Platinum Donor

Prestige Donor

Legacy Donor

DONOR LEVELS

  • R10,000
    • Bronze Donor
  • R 25,000
    • Silver Donor
  • R 50,000
    • Gold Donor
  • R 100,000
    • Diamond Donor
  • R 250,000
    • Platinum Donor
  • R 500,000
    • Prestige Donor
  • R 1,000,000
    • Legacy Donor

Invest in our future – A few words from Dudley Forde

Maintaining this outstanding record of achievement, however, requires a new approach. College is facing significant financial challenges. While it does receive an annual government subsidy, this covers only a fraction of the school’s operating budget. To maintain the school’s high standards, it has become increasingly dependent on fees charged to parents.

WHY

Maintaining this outstanding record of achievement, however, requires a new approach. College is facing significant financial challenges. While it does receive an annual government subsidy, this covers only a fraction of the school’s operating budget. To maintain the school’s high standards, it has become increasingly dependent on fees charged to parents.

Fifty "Legacy Donors" will each pledge R1m to the campaign. This pledge will be made on a matching basis - for every Rand raised by the campaign. the Legacy Donors collectively will contribute a Rand

Donations can be made in different ways:

A single lump sum, annual payments or a monthly debit order.

Donors will have the option to allocate their funds to different categories:

Scholarships & Bursaries, Capital Projects and No Preference.
Significant donors will be publicly recognised, please refer to the Donor Levels table above.

The funds will be raised via the Maritzburg College Foundation and invested
through the Maritzburg College and Old Boys’ Memorial Trust.

An Investment Policy Statement will be developed, including a fund investment strategy and the percentage of income that can be drawn each year. The process outlining how funding requests to the Trust will be made will be independently monitored. Legacy Donor representatives will be added as Trustees and will have specific approval rights in this regard.

HOW

The funds will be raised via the Maritzburg College Foundation and invested through the Maritzburg College and Old Boys’ Memorial Trust.

An Investment Policy Statement will be developed, including a fund investment strategy and the percentage of income that can be drawn each year. The process outlining how funding requests to the Trust will be made will be independently monitored. Legacy Donor representatives will be added as Trustees and will have specific approval rights in this regard.

TAX

DEDUCTABILITY

Any prospective donation tax benefit accruing to the donor will be regulated by the country in which the donation is made.

The Maritzburg College Foundation is a registered Public Benefit Organisation (PBO) with the South African Revenue Service (SARS) and enjoys S18A status which permits the issuing of donation tax certificates to South African tax payers.

The Maritzburg College Foundation is also registered in the US (through Charities Aid Foundation of America) and the UK (through UK Fund for Charities) which enables tax-payers in these countries to make tax deductible donations to the Maritzburg College Foundation.

TAX

DEDUCTABILITY

Any prospective donation tax benefit accruing to the donor will be regulated by the country in which the donation is made.

The Maritzburg College Foundation is a registered Public Benefit Organisation (PBO) with the South African Revenue Service (SARS) and enjoys S18A status which permits the issuing of donation tax certificates to South African tax payers.

The Maritzburg College Foundation is also registered in the US (through Charities Aid Foundation of America) and the UK (through UK Fund for Charities) which enables tax-payers in these countries to make tax deductible donations to the Maritzburg College Foundation.

INVEST

IN OUR FUTURE

Maritzburg College is a great South African institution. It has a critical role to play in developing well-rounded, socially aware young men who will forge a positive future for the country.

The 100MillionforCollege Campaign is a once-in-a-generation initiative that, through its innovative design and global reach, promises to set the school up for continued success as it heads towards its 200th anniversary.

By supporting this campaign, you are giving back to a school and country that have both left a long-lasting imprint on your life.

If there is ever a time to give back to Maritzburg College and South Africa, it is now.

INVEST

IN OUR FUTURE

Maritzburg College is a great South African institution. It has a critical role to play in developing well-rounded, socially aware young men who will forge a positive future for the country.

The 100MillionforCollege Campaign is a once-in-a-generation initiative that, through its innovative design and global reach, promises to set the school up for continued success as it heads towards its 200th anniversary.

By supporting this campaign, you are giving back to a school and country that have both left a long-lasting imprint on your life.

If there is ever a time to give back to Maritzburg College and South Africa, it is now.

MAKE

YOUR COMMITMENT

Fill Out the Form and Invest In Our Future

Online donations have a maximum of R10 000

Download the Pledge Form

I’M INTERESTED!

Interested in donating but not sure how you want to donate?  Want more information before making a pledge? Fill out the below form and we will get back to you to answer any questions or concerns you may have!

I confirm that these are my details and hereby authorise the relevant person(s) to contact me with regards to the 100Million for College Campaign

CONTACT US

Andrew Soden
giving@100millionforcollege.co.za

c: +27 (0)83 456 1092
w: www.100millionforcollege.co.za

ORGANISATIONAL INFORMATION

Maritzburg College Foundation
Non-Profit Company (2011/000883/09)
PBO 930037607
NPO 100-594
www.collegefoundation.co.za

AUDITORS

Mitchells’ Chartered Accountants (SA) Inc
2001/001683/21
Block A; Hilltops Oce Park
73 Villiers Drive
Clarendon
Pietermaritzburg
3201