The role of the St Peter’s Foundation is to raise the money required, and manage the funds, for the Social Responsibility programmes of St Peter’s Prep Schools. The programmes are 100% dependent on external funding, and a portion of the administration costs are covered by the school.
The Foundation is a registered public benefit organisation (PBO: 930-007-561) and operates as an independent trust fund, managed by an independent board of trustees. The trust has been set up in such a way so as to protect the money donated to us.
Donations to the Foundation entitle donors to a Section 18A tax certificate and we have an independent verification confirming a B-BBEE SED recognition of 100%. Funds donated to the Foundation go to the donor specified programmes.
The Foundation also exists to manage and grow a Longevity Fund, which will be used for long-term strategic advancement of the St Peter’s community. The Longevity Fund exists to ensure the sustainability of education for future generations.