the College were recipients of such support. Local authority funding was replaced by the central government’s Assisted Places Scheme in 1980, which continued until 1997. Since 1997, the College has relied on philanthropic support and its own financial resources to fund bursary places. The Bursary Appeal Fund, consisting mainly of a ring-fenced endowment, was established in 1990 and has been built up through charitable donations over the years. The fund today stands at £10.4 million (including some non- endowment donations) and since its conception has contributed over £2.6 million of bursaries awarded at the College. In 2015-16, the College spent a total of £2.5 million on bursary support, with 165 boys receiving a bursary. All bursaries are means tested and reviewed annually, and range from 10% to 100% of fees. Over the coming years, the College is committed to expanding bursary provision at all levels and it is our ambition to offer financial assistance for up to 50% of our pupils in Year 7 and above whose parents are unable to meet the cost of the full fees, through the creation of a ‘New Dulwich Experiment’. Our short-term plan is to raise an annual income through regular giving and our Annual Fund programme. The long-term sustainable solution is to build up our Bursary Appeal Fund, the income from which will fund these places in perpetuity.
The total value of bursaries awarded over the past four years
£2,500,000
£2,000,000
£1,500,000
£1,000,000
£500,000
£0
2012/13
2013/14
2014/15
2015/16
Funding The Laboratory The Governors committed to funding the full Laboratory project, at a total cost of £21.7 million, on the basis that it would be funded by borrowing £10.6 million from the College’s endowment, charitable donations of £5.9 million and funding the balance from annual surpluses and bank borrowing if necessary. As at 31 July 2016, the total cash spent on the project was £20.7 million, of which £4.5 million had been raised from charitable donations. A further £800,000 is pledged towards this project taking the total pledged income to £5.3 million. As we begin to realise the benefits of this outstanding facility there are still ways to support this vital project and help us reach our fundraising goal. For more information, please contact our Director of Development (Maternity Cover),
Mr William Young on +44 (0)20 8299 9285 or via
development @ dulwich.org.uk. Details can also be found online at www.dulwich.org.uk/college/ support-us Transforming the campus In 2011 the Master and Governors commissioned an architectural Masterplan from John McAslan+ Partners in order to have a clear strategic sense of our potential for delivering a coherent plan for the development of the campus, ensuring we meet the College’s needs today and in the future. This plan has informed current development of the site and has been further developed by a Supplement to the Masterplan delivered by Grimshaw Architects. These key plans identify the opportunities to create a campus which will foster and enhance the learning and development of boys, staff and the
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