The Foundation has a capital base and the net income from the investment of the capital is distributed annually to aid in the education of needy members of the College community while still growing the investment for future generations.
Each year a donation is made by the Foundation to the College. By virtue of restrictions imposed by the Australian Tax Office, the terms of these donations require that beneficiaries of bursaries and scholarships are to be kept anonymous and the Principal of the College is to have the discretion as to how these donations are distributed to families in need.
Making a gift
There are a number of ways you can pay into The Foundation. Choose Cheque, Electronic Funds Transfer (ETF), Direct Debit or Credit Card (Visa and MasterCard). Contact the Foundation for assistance. All gifts are Tax Deductible, and this is also applicable to residents of some other countries, including USA.Next