The Peterhouse Crown Foundation “the foundation” is an investment vehicle that has been established by Petreans for the benefit of the Peterhouse Group of Schools.
It has been set up in an offshore jurisdiction, with an appropriate governance framework, and aims to operate as a long-term, compounding and sustainable endowment fund that will provide strategic support to the schools in three key areas, including;
The foundation is the brainchild of the current Rector and President of the Petrean Society, Mr Jonathan Trafford, and the Petrean committee. Special mention must go to both Matt Hosack HOS/E/1999 and Andrew Moore G/2007 for their tireless contributions in bringing this vision to life.
Peterhouse prides itself in striving to compete as a world-class institution, but is operating in an uncertain economic environment. In line with the fact that leading educational institutions around the world are supported financially by their alumni, Peterhouse needs active support to ensure that it can continue to provide pupils, from a wide range of backgrounds, with a competitive all-round education.
We are in an extremely fortunate position that now, after being founded nearly 70 years ago, the Peterhouse group of schools has a diverse and global alumni, who are looking to “give back”. The vision is that the Crown Foundation will provide the appropriate vehicle to ensure their contributions are recognised and the legacy of the group of schools is maintained.
The foundation has been established for the financial benefit of the Peterhouse Group of Schools, with support being prioritised in the following three areas:
Donations related to this silo will facilitate the recruitment and retention of world-class staff to teach at Peterhouse. In addition, the foundation will be seeking to support retired staff, who, due to the difficult macro-economic environment in Zimbabwe, have retired with unsustainable pensions.
Donations to this silo will provide for pupils who have proven track records of excellence in academics, and sporting or cultural activities. It will open opportunities for pupils, from a wide range of backgrounds to continue their education at Peterhouse.
On a loan basis, this will provide finance for approved infrastructure developments which will ensure that Peterhouse continues to develop facilities that ensure the school has world-class facilities.
Petreans will have the opportunity to choose where their donation is allocated if that is an important preference to them. If not, their donation will be channelled as a “general” donation to any of the sections related to the fund at the discretion of the council members.
The foundation is made up of the following members:
Protector – The Chairman of the Board of Governors and is responsible for ensuring the foundation is run according to its mandate and purpose.
Founder – The Chairman of the Petrean Society who is behind the establishment of the foundation.
Council members – Similar to trustees of a trust that oversee the decision-making and management of the foundation. This will be made up of a majority of Petreans.
Protector – Simon Hammond E/1976, Chairman of the Board of Governors Peterhouse Group of Schools
Founder – Matthew Hosack HOS/E/1999
Council Members
Rector of Peterhouse and President of the Petrean Society – Jon Trafford
Petrean Chairman – Gordon Simpson S/99
Petrean Committee member – Andrew Moore G/2007
Petrean – Michael Denenga F/1994
Mauritian Financial Management Company – Open Skies
Petreans making donations or contributions to the Peterhouse Crown Foundation will have the ability to elect where their funds are utilised.
In line with the priorities of the foundation, four silos will be used to manage the funds, which include:
Note: The general silo will house funds that have not been designated to any particular area but can be utilised by the foundation at the discretion of the Council Members.
The Peterhouse Crown Foundation foresees two general types of contributions, namely:
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