St Aloysius’ College is not in the same position as many other independent schools which have the cushion of a large endowment.
Our aim is to build on our current modest endowment fund, which has been carefully managed, to make a shift-change in our ability to increase the number of Bursary places available to pupils through a ‘needs-blind’ method of admission.
Donors who wish to support in this way will have their gift added to the St Aloysius’ College (SC042545) portfolio which is under active management by, at present, Brewin Dolphin and is based on a historic yield of at least 6% - 8%. The entire portfolio is a restricted purpose fund, the proceeds of which (both income and capital growth) must be used to support the provision of Bursaries within St Aloysius’ College.
Each year, between 8% to 10% of pupils in our Senior School are in receipt of Bursaries at a cost of approximately £500,000 each year.
For each £250,000 added to our Endowment, at current rates, this would enable one new Bursary pupil to attend the College for 6 years of Senior School.
The challenge ahead is enormous, and whilst our ambition may take decades to achieve, we must start now to plan for the future.
If you would like further information about the management, performance, and screening requirements on investments, please contact the Development Office.