Scotch College Philanthropy Impact Report 2021

More documents

Info

The Most Powerful Weapon to Change the World Nelson Mandela, former President of South Africa and Nobel Laureate said it best; “Education is the most powerful weapon which you can use to change the world.” Nelson Mandela, former President of South Africa and Nobel Laureate said it best; “Education is the most powerful weapon which you can use to change the world.” It will surprise some that Scotch not only believes in what Mandela said but also puts aside nearly $1M from its operating budget every year to provide scholarships to over 100 students in Mitcham and Torrens Park Campus. A majority of these scholarships are “merit- based” and celebrate potential and achievement, both inside the classroom as well as outside. Others, like the Merrylees Centenary Scholar or the Bird in Hand Scholars, are “needs-based” scholarships to provide access to a transformational Scotch education to those that could never afford this opportunity. Investing nearly $1M every year is a significant investment, that generates a tremendous impact on our community, state, and country. In 2016, we realised that our ability to provide access and diversity to students through scholarships was limited by what we could afford. So, we sought to change that paradigm. That year the Scotch College Foundation established a permanent Scholarship Endowment Fund, increasing opportunities for young people to access a Scotch education, as well as enhancing diversity in the College community. The Fund was established so the principal, will never be spent. Donations to this endowment are tax deductible and a portion of the income generated each year, through prudent specialised investment, is provided to the College to fund the Foundation’s commitment to scholarships, with the remainder reinvested for growing future scholarship contributions. In addition to individual gifts that we received through the DARE Campaign for the Education Fund, the End of Year Appeal in 2021 raised nearly $45,000 for the endowment. We encouraged our community to donate to build this endowment because every gift to this pool of money, would provide benefits for many generations. Today, Mandela’s legacy lives on in myriad ways – through the policies he implemented, the foundations and charities he created and – for many – through the words he spoke and wrote. Similarly, those that invest in the education of others establish similar legacies. As we consider the crucial factors that enable children to thrive and reach their fullest potential, we can all be inspired by this vision, and the fundamental belief that education can do good in the world. Abhra Bhattacharjee, Director of Philanthropy 8
The Muggs Hill Road Mathematics Scholarship The Hosking Family have established the Muggs Hill Road Mathematics Scholarship to enable an indigenous young man or woman, with potential or promise in the field of mathematics to attend Scotch in the middle and senior school. “This combines our passion for First Nations’ advancement as well as our passion for diversity and inclusion at Scotch. As a Professor of Mathematics, I know the importance of mathematics in education, to be utilized in a broad range of careers. We have supported the introduction of an Indigenous Mathematics Scholarship as too few are doing maths; I want to assist in a needbased future student being able to attend Scotch College. I believe in Philanthropy for a good cause and good reason. My four sons have all attended Scotch, enabling a great education for them all. I have been a supporter of Ken Webb and John Newton, and their hard work and vision over the years at the school. As a family it is something that we wanted to do, and it provides satisfaction and fulfilment in doing so. I would encourage others to become donors towards the Education or Building Fund as a gift to the current students as well as future generations.” Professor Roger Hosking Past Parent ; Tony Hosking ‘81, Derek Hosking ‘84, James Hosking ‘94, Mark Hosking ‘19 9
Page 1 and 2: Philanthropy Impact Report 2021
Page 3 and 4: Ode to Autumn “Season of mists an
Page 5 and 6: Those who DARED We would like to ac
Page 7: So why Scotch? After an extended pe
Page 11 and 12: Wellbeing & Sports Centre Progress
Page 13 and 14: The following names make up the mem
Page 15 and 16: 2021 Honour Roll (continued) Credit
Page 17 and 18: 2021 Honour Roll (continued) Mr B &
Page 19 and 20: 2021 Honour Roll (continued) Anonym

Scotch College Philanthropy Impact Report 2021

Create successful ePaper yourself

Delete template?

Save as template?