SE Legacy Brochure 188x264mm_v8

Financial Stability and Longevity Endowment funds are charitable funds that offer a source of strength and stability for institutions particularly during periods of volatility and uncertainty. As we continue to strive to offer high-quality, affordable and increasingly accessible education, an endowment fund can take the pressure off school fees and provide financial flexibility and reassurance for parents. As at end of December 2022 the St Edward’s endowment fund, which is independently managed, was valued at £6,862,874 . The annualised returns have been 3.5% (over the past three years) and 4.7% over five years . The endowment value in comparison with fellow independent schools is decidedly modest if not relatively poor. The Governors would like to address this and have decided to re-invest the endowment returns (usually capped at 4% drawdown) for the foreseeable future. Supporting this important growth in the endowment fund is another area you may wish to support through a legacy donation. “St Edward’s has significant plans for the next decade. It is critical for the long-term future that the School has an endowment to help support those ambitions. Whilst past returns on current school assets have been good, investment returns alone will not provide the necessary funds going forward. We will work hard to ensure that prudent investment decisions to maintain these returns are made, but we are now also asking our community to help us grow the endowment for the long-term benefit of all pupils.” PHILIP WINSTON | GOVERNOR CHAIR OF THE INVESTMENT COMMITTEE

9