News Empowering Students at Shirley Boys High School
We are thrilled to announce our partnership with Shirley Boys School, as they transfer $100,000 from the CV Gallagher Trust into a Donor Advised Fund with The Christchurch Foundation. This strategic move aims to reduce operational costs and expand the availability of scholarships, allowing us to help them make even bigger impact on the lives of deserving students.
The C V Gallagher Trust is dedicated to supporting educational opportunities and transforming the lives of students with remarkable potential through scholarships.
Established in 1957 and named after the school's visionary founding Headmaster, the CV Gallagher Trust has always been committed to providing benefits to students. However, the increasing costs associated with trust administration have gradually diminished its capital, leaving limited resources for scholarships. By entrusting the management of the funds to The Christchurch Foundation, we can address this challenge effectively while upholding the trust's original purpose.
At The Christchurch Foundation, we offer a comprehensive range of services to alleviate the burden of compliance, investment management, reporting, and grant-making. Our approach ensures that the income generated from the trust's capital can be directed towards academic scholarships, maximizing its impact on the lives of students. By assuming responsibility for these vital administrative tasks, we not only honour the original intent of the gift but also relieve volunteers of significant workload and board administration.
Aligning with The Christchurch Foundation immediately reduces costs, allowing a greater portion of the raised income to be dedicated to academic scholarships. Furthermore, our partnership extends beyond financial support. We actively assist Shirley Boys School in their fundraising efforts, leveraging our growing global network to expand the pool of invested funds. Together, we can amplify the reach and impact of the scholarship program, creating transformative opportunities for students.
Headmaster Tim Grocott shares his enthusiasm for this important scholarship program, emphasizing the significance of supporting and rewarding students with exceptional potential. By entrusting the accounting, administration, accountability, and governance aspects to The Christchurch Foundation, the school can now focus on what truly matters—nurturing student growth and achievement. With this newfound freedom, we aim to grow the impact of the scholarships and shape a brighter future for talented individuals, just as Charles Gallagher envisioned.
We are honoured to share the story of Felix Hunt, a recent recipient of the CV Gallagher Scholarship. This life-changing award has not only filled him with pride for his accomplishments but has also enabled him to represent New Zealand at the Junior World Orienteering Championships in Europe. The financial support provided by the scholarship has opened doors for Felix, allowing him to explore diverse areas of interest and seize opportunities that were previously out of reach.
We will now work alongside Shirley Boys High School to provide talented students with the resources and opportunities they need to thrive.