Michaelhouse-Impact Report-2023 (for Jan-Dec 2022)

The Giving Day Causes and their Impact

R500k

R250k

R125k

0

Estate Planning: Aquatics Centre Roof 19 Donors (target was 50 donors)

Community Partnership Trust: Focus on Literacy 41 Donors (target was 50 donors)

Annual Fund: Funds to where they are needed 34 Donors (target was 50 donors)

Endowment Trust: providing bursaries that change lives 98 Donors (target was 75 donors)

130%

38%

68%

82%

R89,850 Amount Raised

R542,250 Amount Raised

R727,600 Amount Raised

R135,980 Amount Raised

Impact so far...

The design and engineering drawings have been completed and are accompanied by visuals of the design proposed. The campaign to raise the funding is underway led by a dedicated group of parents and old boys. Within 4-6 weeks of the capital needed being secured - hope fully during 2023 - the necessary construction will commence. We anticipate that it will take 5-7 months to complete the build. If you’d like to contribute, get in touch with the fundraising team on: devoffice@michaelhouse.org

The CPT literacy project cause during the Giving Day fell short of the R1.5m required to go ahead. We are therefore asking donors to allow us to allocate the funds to an important Maths teaching project for our partner senior schools, being led by Paul de Wet (former Michaelhouse Director of Maths) who is now giving 90% of his time to supporting improved maths teaching in underprivileged rural schools across KwaZulu Natal. Material updates will be published via the CPT website. If you’d like to contribute to CPT, see details on page 40. If you would like to learn more, get in touch with the CP team on: cpt@michaelhouse.org

The Bursary Endowment Trust has been creating opportunities for boys to come to Michaelhouse for 40 years. This significant contribution during the Giving Day has been added to the Trust and has contributed to the 121 boys that have been supported by the BET in 2022. If you’d like to contribute to the BET - or join the Chairman’s Club, see details on page 40. If you would like to learn more, get in touch with the fundraising team on: devoffice@michaelhouse.org

This new fund has thus far assisted with offsetting a number of unforeseen operations expenses as well as a few minor capital costs. One of note has been the rethatching of the white hut on Bailey’s that has been a part of the Michaelhouse fabric for many decades. If you’d like to contribute to the Annual Fund, see details on page 40. If you would like to learn more, get in touch with the fundraising team on: devoffice@michaelhouse.org

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