TIGS CONNECT
|
|
|
Associations
Foundation
|
| | Foundation |
|
The Foundation is a formal corporate body responsible for receiving tax-deductible donations for the school’s building program and its future development. Donations to The Illawarra Grammar School Foundation Limited are entitled to a 100% tax deduction on that entire donation in that year.
As the vast majority of student tuition fees are spent on the school’s normal operating expenses such as staff salaries and everyday running expenses, only a very small proportion of those fees is spent on providing new buildings or specialised teaching aids. The school’s future development needs have to be provided through fund raising or donations. If these needs were financed from tuition fees, then school fees would be prohibitive.
Over the years many people, from all walks of life, have contributed significantly to the school Foundation for building projects.
More information can be obtained by contacting the Foundation Chairman by email or through the school office.
|
|