Innovative Foundation memberships

2/7/2009

The Foundation’s endowment fund continues to grow through the generosity of far-sighted Old Boys who recognise the value of education and the part it will play in the lives of young men through the 21st century and beyond.

Two interesting gifts have been received in recent weeks …with the first comprising a bequest through the Sir Archibald McIndoe Bequest Society by David Pine (1957-61) and the second being the establishment of a series of Mt Aspiring Lodge Scholarships by the Byars family.

David has signed over a paid-up Whole of Life insurance policy which will continue to grow through annual bonuses until the time of his death – we are extremely grateful to David for his gift which we anticipate not collecting for many, many years (members of the Sir Archibald McIndoe Bequest Society are honoured during their life time).

And the Byars Family – Holmes (1965-68), Logan (2003-06) – has established scholarships for those facing hardship in attending the annual Year 10 class and Year 12 leader’s camps at the school lodge at Mt Aspiring. Two scholarships will be awarded to Year 10 boys annually, which will pay for half of their camp fees each, while the full cost of the Year 12 camp will be awarded to one boy each year. This is a terrific gesture and the Foundation acknowledges its on-going value to the recipients.

If you have any questions about the Foundation and the membership opportunities on offer, please make contact at info@obhsfoundation.co.nz or +64 3 4778977. All gifts, up to 100% of the donor’s annual taxable income, attract a full 1/3rd rebate.