Regulus Address // Issue 1 // May 2022
More news for The Board
The Board of Governors acknowledges the many varied and valuable contributions made by everyone in Team StAC. Recently the frequently changing landscape has required patience, flexibility, and fortitude from our staff and students. The requirement for teachers, coaches, those responsible for co-curricular activities, volunteers, support staff, and students to plan, respond, and deliver in different modes has been testing. We are delighted with how well everyone has risen to the occasion.
We would also like to acknowledge and thank the management team for its hard mahi. They have been instrumental in maintaining continuity and communicating with the College community, as well carrying out a lot of work behind the scenes to ensure everyone is fully supported.
Part of the team that is not as visible to most of us is the St Andrew’s College Foundation which, while a separate legal entity from the College, is very much in the same waka. As the name suggests, the Foundation operates to ensure the long-term viability of the College. The Foundation was established in 1991 and is tasked with overseeing the management and prudent investment of donations from the St Andrew’s College community. It plays an important role in the financial security of the College.
The annual contribution by the Foundation to a number of scholarships reflects the strong desire from many donors to provide an opportunity for young people to experience a St Andrew’s College education which would not otherwise be available to them.
The Foundation’s funds under management have shown significant growth over the past 30 years and currently sit at approximately $14 million. As you would expect, the Foundation has a diversified portfolio which has consistently performed well. We thank the generous donors and acknowledge the strong performance of the fund manager and the wise stewardship of the funds by the Foundation Trustees in achieving this outcome.
The Foundation is governed by trustees who draw on their combined backgrounds, skills, and experience to ensure that the funds are prudently invested. Rodger Findlay retired in February after serving seven years as Chairman of the Foundation. The Board would like to acknowledge and thank Rodger for his expertise, integrity, and contribution during his tenure.
Rodger’s longstanding co-trustees, David Boyd, Matthew Lancaster and Richard Smith, have been joined by Nick Letham and Rob Woodgate as interim trustees pending a formal appointment process.
Like many others in the St Andrew’s College community, the trustees quietly give their time voluntarily behind the scenes to make the College a better place and ensure we’re building better people well in to the future.
Hei konā mai
On behalf of the Board of Governors
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