Forward December 2019 | Page 13

F O U N DAT ION Guildford Grammar School Foundation The Foundation’s most strategic investment, at present, is the nurturing of the Capital Fundraising Campaign which is being steered by the School’s Development Manager and dedicated Committee of Old Guildfordians. There are several exciting philanthropic events being planned for 2020 and we encourage all members of the community, not just Old Guildfordians, to actively participate in these events. conservatively based with several smaller managed funds being realised during the year which has locked in some solid gains. Furthermore, the Foundation has had confirmation that a mid-term investment within a property syndicate has been sold, and will generate an above market return. Over the past 12 months the overall investment landscape continues to be difficult to predict. One of the Foundation’s strengths has been the diversity of its investment portfolio, which has allowed protection in the asset value cycle. The cashflow from these realised investments will, in part, be used to cornerstone the financial assistance to the School in relation to the construction of the new Boarding Facility. The Foundation is pleased to be part of this project and is committed to assisting the School in meeting the educational demands of today whilst providing the best facilities for all students. Investment in managed funds continues to perform well, at times, in an inconsistent market. The investment strategy is Despite the current economic conditions, the Foundation continues to make sensible and long term-based investment decisions Guildford Grammar School Foundation 30 September 2019 Asset Mix Mr Mike Chester (SG 71-75) and Dr Bill Ryan at the turning of the soil ceremony. and is presently in the advanced planning stages of conducting some strategic property renovations which will bring increased income to the Foundation. Forestry investment Managed funds – Property By way of information, to the left is a graph detailing the current asset mix of the Foundation. Shares Cash Dr Bill Ryan Foundation Chair Commercial property Managed funds – Wholesale funds and shares 0% 10% 20% 30% 40% Proposed street view of the new boarding facility. 13