There can be no greater gift than that of an education.The School's Endowment Fund primarily enables the School to:
offer needs-based bursaries to boys who would benefit from a Grammar education but who would otherwise not be able to attend for financial reasons
assist families, whose sons are already attending the School, following the death of the principal salary earner.
Apart from specific gifts from members of the Grammar community directed to the Endowment Fund, the Confirmation Fee from each student who accepts a place at Brisbane Grammar School is directed to the Fund to help others in need.The principal donated to the Endowment Fund in perpetuity is never spent, only the interest over and above the rate of inflation. This means that an endowment fund can ensure that an item may be provided each year in perpetuity as the principal always maintains its real value. As a guide, an endowment fund in perpetuity costs 20 times the present day cost of the endowed item.
The endowed item can be named in honour of an individual, family or group.
Gifts to the Endowment Fund for needs-based bursaries are tax deductible.
Heather Watson – Executive Director - Advancement and Community Relations