We aim to raise sufficient capital through our Fund to sustain the Bursary/Subsidy Programme with the long-term vision of eliminating this as our short term, annual priority. This will allow us to have sufficient funds for educational and institutional advancement programmes as well as for capital development projects.
Funds donated to the Yeshiva College Capital Fund are managed in a secure, low-risk growth portfolio by an independent team of professional fund managers. We are able to draw up to 4.25% annually without depleting the fund. This means that a pledge of R2 million (US$132 000) paid into the Yeshiva College Capital Fund will secure an annual bursary of R90 000 ($6 000) in perpetuity.
Our donations received are recognised as follows:
Yeshiva College Foundation Banking Details:
Bank: Standard Bank
Account number: 001847244
Branch code: 004105 or Norwood
Swift Code: SB ZA ZA JJ
Reference: Surname Bursary Campaign
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