Old Alleynian Endowment Fund
development opportunities, has taken a leading role in a recent production of Tennessee Williams ‘Cat on a Hot Tin Roof’ and has been selected to take part in a workshop with renowned actress Juliet Stevenson. Another recent beneficiary, having paid off his first loan, has just taken out a second loan to further his medical career while another beneficiary has just completed the arduous training to become a fully qualified pharmacist. Yet another recent beneficiary deserves great credit, following the completion of a second degree, to having landed a prestigious position as a trainee underwriter in the Lloyd’s insurance market. There are currently six trustees and the Master also is invited to attend bi-annual trustee meetings. The accounts of the Fund are examined annually by David Johns (70-75) to whom the trustees extend their gratitude for his painstaking and thorough work. 18 OAs are currently beneficiaries of the Fund, to whom a total of £81,500 has been loaned. The Fund reports on an annual basis with a year end of 31st December. Current assets total
approximately £166,000, including outstanding loans. Accounts for 2016 will appear on the College website in due course once they have been prepared and independently examined. All beneficiaries remain closely in touch with their sponsoring trustee and collectively the trustees welcome further applications for support. The application process is straightforward, involving an initial meeting with one of the Fund’s trustees and then a decision on whether to support funding and the extent of any loan agreed by the trustees collectively. A number of beneficiaries have commented favourably on the help and support afforded by their trustee contacts in terms of their career development. The Fund acknowledges once again a generous donation from the Alleyn Club. Additional support is, of course, very welcome and contact should be made in this regard to either the Secretary or the Treasurer. Applications for financial support should initially be addressed to the Hon Secretary at 9, Draycott Place, London SW3 2SE or by e-mail to rundnicky @ yahoo.co.uk
The Fund was established in 1932 to provide financial assistance to OAs and pupils at the College for their education or for training for an occupation or profession. Assistance is generally provided in the form of an interest-free loan, to be repaid when the beneficiary’s financial situation allows, often in instalments, but help may exceptionally be given in the form of an outright grant. Financial support is not in the first instance intended as a priority for OAs studying for undergraduate degrees, although in exceptional circumstances the trustees will consider applications of this nature. The trustees may also transfer up to 5% of the Fund’s assets annually to The Master’s Fund for disbursement to current pupils or young OAs in connection with one-off co-curricular activities. The backgrounds of the beneficiaries vary widely. In recognition of the career of Edward Alleyn, a number are seeking to build their careers on the stage. One of the most recent beneficiaries has just completed his first year at RADA, gaining a place against incredibly stiff competition. He reports that he has been given some exceptional professional
Tom Woudhuysen
(97-04)
Committee Members:
James Rosslyn-Smith
(97-04)
Chairman: Ivor Warburton
(57-65)
Peter Jolly
(72-80)
Hon Secretary: Nick Rundle
(69-76)
Hon Treasurer: Peter Petyt
(75-81)
Nick Rundle
(69-76)
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