Maritzburg College Foundation - funding appeal Prospectus | Page 5

The Heritage Capital Fund Investing in excellence Maritzburg College enjoys many unique traditions and enviable strengths, but one that stands out above all others is its Old Boys community! They have been instrumental in most of the improvements that have been introduced over the last 12 years. Over this time, more than R20m has been invested in capital projects, involving facilities such as new classrooms, staff houses and the Ron Jury Indoor Sports Centre. Why is the Heritage Capital Fund important? Maritzburg College settled at its current location in 1888, and since then has developed into a school campus full of history and heritage, complete with facilities that match those of the most well-resourced schools in SA. However, like any progressive organisation, we will need to continue to make new investments in the campus. To this end, it is essential that we continue to build a capital reserve fund to finance future developments and ensure that we can maintain these facilities. There are a number of infrastructural and capital projects at Maritzburg College that require financial support if they are to be realised. These projects have been identified through an intensive strategic planning process involving the school and all its stakeholders, and a long term development plan has been put in place.