COMMUNITY
Mothers of Old Guildfordians Morning Tea
On the 3 November 2020 , it was indeed Melbourne Cup day but , nonthe-less , 40 Mothers of Old Guildfordians ( MOGS ) enjoyed morning tea in the Foundation Pavilion . The much delayed ( can ’ t think why ) Meet the New Principal event finally took place ! Many guests had not seen one another for a great many years so no ice breakers were required . Conversation , stories and laughter rang out from the start .
The Principal , Anne Dunstan , was able to meet and chat with most guests and gave a short talk on her career journey which led her to Guildford Grammar School . Mrs Dunstan also outlined current activities at the School , not least of all the progression of the much anticipated new co-educational Boarding House which will be open this term .
It was also an occasion for thanks . Anne thanked the guests for their invaluable contribution to the community life of the School over a great many years . The voluntary hours were immesurable and the spirit created between parents , staff and students historic .
We look forward to having the MOGS back on campus again soon !
Ms Ilene Aveling Development Manager
Back row : Marlene Green and Bev Penny . Front row : Jan Lepere and Bev Webster .
The Foundation
It has been an exciting year for the Guildford Grammar School Foundation , which has played a major role in the development of the new Boarding House at the School by providing $ 10,000,000 to the project . This has been in the form of a $ 5,000,000 donation and a $ 5,000,000 loan . The Foundation will also meet the interest costs of the loan for the first three years . The board of the Foundation is very proud of its partnership with the School and is committed to its purpose .
The Foundation also provided approximately $ 200,000 from the George Gordon Mulvay Stewart Scholarship for the upgrade of the existing library to a more functional , student-centred resource centre . This work was carried out over the Christmas break . In addition , the Foundation also assisted 18 families through the provision of scholarships , including the Charlotte Carlin Scholarship , the Inkpen Scholarship and the Bayley Scholarship .
The Foundation was established in 1974 and continues to have a fund base of approximately $ 24,500,000 that is invested in a range of asset classes , including commercial properties , land development projects , equities and cash . The Foundation is guided by its Investment Strategy Guide and it takes a long-term and non-speculative approach to its investments , assisting in the effective management of several challenges this year due to Covid-19 .
In 2020 , the Foundation Board welcomed Shane Sander and Anita Ratcliffe as new members . Shane is an Agricultural
Consultant and an immediate past parent of the School , and Anita is the Senior Executive of a major bank . Between them , they add significantly to the skills of the Board .
The Foundation farewelled Russell Lester as a board member in 2020 . Russell has made a huge contribution to the Foundation as a board member since 2005 and as the Chair from 2012-2016 . I would like to express my thanks and appreciation to him for the major role he has played in getting the Foundation into the strong financial position it is today . We also farewelled Tim Cocks as the Foundation ’ s Executive Officer at the end of 2020 and I would like to thank Tim for his thoroughly professional contribution to the Foundation during his tenure in the role .
Dr William Ryan President
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