inspiring creativity - christ's hospital · pdf fileinspiring creativity ... the evening...

7
HOUSEY! SPRING 2016 1 INSPIRING CREATIVITY Art is a real force for creativity at Christ’s Hospital. The studio and gallery is a feast for the senses. Here are just some of the latest art education experiences sparking pupils’ imagination to flourish and their creative passion to flow. ARTISTS-IN-RESIDENCE SHARE THEIR TALENTS AND TECHNIQUES During December the Art Department at Christ’s Hospital exhibited the work of 31 artists all of whom have been, or are currently, Artists-in-Residence at the School since the scheme was established in 1984. The Artists-in-Residence teach all ages of pupils at CH, imparting their expertise, whilst they develop their art practice. Pupils have the unique opportunity to see the work of the Artists-in-Residence progress in their studios and also witness the artist’s approaches, techniques and experimentations first hand. Amelia Phillips (2010, BaA, GrE) is one of the three Artists-in-Residence currently working at Christ’s Hospital. A former pupil of the School, Amelia went on to Falmouth University to study Fine Art. Amelia said: “I have been considering a career in art therapy or education. The dual role of Artists-in-Residence has been invaluable for me to gain teaching experience as well as to pursue my own art work. I thoroughly enjoy working with the diverse and enthusiastic pupils at CH, who are always full of such wonderful ideas. I specialise in printmaking, predominantly etchings, producing studies of rocks, floor boards and degenerating metals. I have an unusual interest in the world of deterioration, exploring decay and the process of decay to discover beauty in the unconventionally beautiful.” Above: Amelia Phillips teaching and an example of her work “Corroded Land Study I” Below: Artists-in-Residence since 1984 There is a concern among some Old Blues (alumni) that today’s proportion of full fee payers (26%) undermines the School’s charitable mission. Our response to these concerns has been published at: www.choba.org.uk/news/changes-to-chs-governance- and-management-structure/ We would like to reiterate now, that there is no plan to increase the number of full-fee payers and indeed we would wish to see a reduction. However, to maintain or increase the proportion of Christ’s Hospital pupils receiving bursary support it is critical for us to deliver a substantial and sustainable increase in fundraising income. Initiatives detailed in this issue of ‘Housey!’ explain just some of the ways you can help. Guy Perricone, Treasurer Mike Hiard, Chairman, Board of School Governors UPDATE FROM THE TREASURER AND THE CHAIRMAN OF THE BOARD OF SCHOOL GOVERNORS

Upload: trantuyen

Post on 31-Mar-2018

215 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: INSPIRING CREATIVITY - Christ's Hospital · PDF fileINSPIRING CREATIVITY ... The evening will also showcase the Christ’s Hospital Symphony Orchestra performing the exciting and rhythmic

HOUSEY!SPRING 2016

1

INSPIRING CREATIVITYArt is a real force for creativity at Christ’s Hospital. The studio and gallery is a feast for the senses. Here are just some of the latest art education experiences sparking pupils’ imagination to flourish and their creative passion to flow.

ARTISTS-IN-RESIDENCE SHARE THEIR TALENTS AND TECHNIQUESDuring December the Art Department at Christ’s Hospital exhibited the work of 31 artists all of whom have been, or are currently, Artists-in-Residence at the School since the scheme was established in 1984.

The Artists-in-Residence teach all ages of pupils at CH, imparting their expertise, whilst they develop their art practice. Pupils have the unique opportunity to see the work of the Artists-in-Residence progress in their studios and also witness the artist’s approaches, techniques and experimentations first hand.

Amelia Phillips (2010, BaA, GrE) is one of the three Artists-in-Residence currently working at Christ’s Hospital. A former pupil of the School, Amelia went on to

Falmouth University to study Fine Art.

Amelia said: “I have been considering a career in art therapy or education. The dual role of Artists-in-Residence has been invaluable for me to gain teaching experience as well as to pursue my own art work. I thoroughly enjoy working with the diverse and enthusiastic pupils at CH, who are always full of such wonderful ideas.

I specialise in printmaking, predominantly etchings, producing studies of rocks, floor boards and degenerating metals. I have an unusual interest in the world of deterioration, exploring decay and the process of decay to discover beauty in the unconventionally beautiful.”

Above: Amelia Phillips teaching and an example of her work “Corroded Land Study I”Below: Artists-in-Residence since 1984

There is a concern among some Old Blues (alumni) that today’s proportion of full fee payers (26%) undermines the School’s charitable mission. Our response to these concerns has been published at: www.choba.org.uk/news/changes-to-chs-governance-and-management-structure/

We would like to reiterate now, that there is no plan to increase the number of full-fee payers and indeed we would wish to see a reduction. However, to maintain or increase the proportion of Christ’s Hospital pupils receiving bursary support it is critical for us to deliver a substantial and sustainable increase in fundraising income. Initiatives detailed in this issue of ‘Housey!’ explain just some of the ways you can help.

Guy Perricone, Treasurer Mike Hiard, Chairman, Board of School Governors

UPDATE FROM THE TREASURER AND THE CHAIRMAN OF THE BOARD OF SCHOOL GOVERNORS

Page 2: INSPIRING CREATIVITY - Christ's Hospital · PDF fileINSPIRING CREATIVITY ... The evening will also showcase the Christ’s Hospital Symphony Orchestra performing the exciting and rhythmic

CHRIST’S HOSPITAL

2 HOUSEY! SPRING 2015 3

WE ARE THE FUTURE

A SCHOOL LIKE NO OTHER

ANNUAL REVIEW SHOWCASES KEY ACTIVITIES AND ACHIEVEMENTSIn January 2016 we were pleased to release our Annual Review for the year 2014/15 which provides an overview of our activities and achievements for this academic year, as well as fundraising highlights, information on our finances and some background information about our pupil population.

Head Master, John Franklin said “We are very proud of the achievements of our pupils, not only academically but also across a wide range of other areas and we are equally proud that we continue to provide a level of financial support that is far greater than any other independent boarding school in the country.”

CHRIST’S HOSPITAL

Congratulations to the winners of the Tony Ray Jones photography competition: Andrew McLeod (Junior), Angelle Roberts (Intermediate); Misha Citron (Senior); and Adela Seeley (Best in Show, for her photograph “We Are The Future” - pictured right).

The Tony Ray Jones photo competition has been held for six years and was established by Old Blue and collector of photography John Ferreira. John generously contributes a camera to the best in show and a series of books to the winners. Open to all pupils, there were 160 entries to the 2015 competition. The competition was judged by Jon Savage (author of ‘England’s Dreaming: The Sex Pistols and Punk Rock’ and ‘1966: The Year the Decade exploded’), who also gave

a candid talk to senior pupils about his experience in the music industry.

HOW CAN YOU HELP?Art has a significant contribution to make to the development of every pupil. Intuition, creativity, sensibility and sensory motor co-ordination are as vital for pupils as the more academic skills.

Your support can help CH to continue to retain talented and inspiring Artists-in-Residence who play a critical role in the transformational experience of pupils at the School.

For further information on how to fund an Artists-in-Residence, or on other opportunities to support, please contact the Development Office on:

T: 01403 247588

E: [email protected]

• There have been 37 Artists-in-Residence since the program began in 1984.

• CH has a 100% record for getting pupils into art college.

• All pupils studying Art from LE (Year 9) through to Grecians (Year 13) are given an Art Pack free of charge containing basic materials to give them the opportunity to create art wherever they are (in the department, in the boarding house, and at home).

DID YOU KNOW?

COMMEMORATING ACHIEVEMENTS & INSPIRING FUTURE GENERATIONSMany Old Blues have chosen the Armed Forces as their career path on leaving Christ’s Hospital, including Lance Corporal Joshua Leakey of the 1st Battalion, the Parachute Regiment, who was awarded the Victoria Cross for gallantry in the presence of the enemy in 2015.

To mark this extraordinary achievement and give inspiration to future generations of CH pupils, a portrait of Lance Corporal Leakey will be commissioned and

displayed prominently at the School as a permanent commemoration of this most remarkable Old Blue.

Josh is an outstanding example to young people today, displaying not just extraordinary courage but attributes that are at the heart of Christ’s Hospital’s ethos – selflessness, commitment to one’s community and perseverance.

HOW CAN YOU HELP?In recognition of the remarkable act of valour undertaken by Josh and the importance of his example to CH pupils, Old Blue, General Sir Garry Johnson KCB OBE MC is leading the appeal to raise funds to commission the portrait.

For further information on how to support this appeal, please contact the Development Office on:

T: 01403 247588

E: [email protected]

On 21 January GE (year 10) pupils visited the Victoria & Albert (V&A) Museum in London to carry out primary source drawing for their externally set assignment on ‘Past, Present and/or Future’. Pupils have from January to May to realise a project before they undertake a two day 10 hour exam to produce the final piece, which contributes to 40% of their final GCSE grade.

The V&A is the world’s largest museum of decorative arts and design, housing a permanent collection of over 4.5 million objects. The visit gives pupils the opportunity to draw inspiration from the traditions and beliefs of different cultures, which they are not able to access whilst at school.

DRAWING ON INCREASED CULTURAL AWARENESS

© Victoria and Albert Museum, London.

To download a copy of the 2014/2015 Annual Review visit:www.christs-hospital.org.uk/foundation/about-the-foundation

Left to Right: Angelle Roberts (Intermediate); Misha Citron (Senior); Jon Savage; Andrew McLeod (Junior); and Adela Seeley (Best in Show).

Page 3: INSPIRING CREATIVITY - Christ's Hospital · PDF fileINSPIRING CREATIVITY ... The evening will also showcase the Christ’s Hospital Symphony Orchestra performing the exciting and rhythmic

We are proud to congratulate Myrddin Rees Davis who left Christ’s Hospital last summer to read Music at Oxford University and has now been awarded the highly prestigious St Hilda’s Music Scholarship for 2015/16.

Whilst at CH, Myrddin achieved a Diploma on the Tenor Horn prior to commencing his GCSEs and since then, gained Grade 8 French Horn with distinction. He showed incredible commitment to a number of School music ensembles as well as being a member of the National Youth Brass Band of Great Britain and the Guildhall Junior Department.

“Myrddin is an outstanding musician who flourished at CH. He has a natural flair and his contribution to music at CH was excellent. Myrddin’s musical journey will no doubt inspire other young musicians” said Andrew Cleary, Director of Music at CH.

CHRIST’S HOSPITAL

4 HOUSEY!

A SCHOOL LIKE NO OTHER

SPRING 2016 5

SHOWCASING MUSICAL TALENTSMusic is a central part of life at Christ’s Hospital and pupils have extensive opportunities to perform, to extend their repertoire and reach their full potential. Here are just some of the recent highlights:

PART SONG COMPETITIONOn 12 February the House Part Song competition showcased some excellent vocal performances of an incredibly high standard from all houses.

We were delighted to welcome David Lawrence, Director of Young Voices, to judge the performances from the top musicians in each house, working as a team to make arrangements of their songs that allowed their talents to shine.

Congratulations to the competition winners in their respective categories: • Lamb (Boys) - singing ‘Master

Blaster (Jammin)’ by Stevie Wonder, arranged by Jacob Nomafo

• Coleridge B (Girls) - singing ‘Somebody that I used to Know’ by Gotye, arranged by Daisy Marshall-Porter and Mololuwa Olanrewaju; and

• Grecians East (Grecians) - singing an ‘Electric Dance Medley’ arranged by Miriam Briggsand and Agnes Fouch

AN AUDIENCE WITH SIR TIM RICEOn 26 November, Christ’s Hospital pupils received a special visit from legend of British song writing, Sir Tim Rice.

The triple-Oscar-winning lyricist gave pupils a fascinating, self-deprecatory, humorous account of his career and, of how the pathway to success is anything but a smooth one.

During his talk, pupils performed some of his favourite songs live, including:

• ‘I Don’t Know How To Love Him’, sung by Charlotte Willcock

• ‘Don’t Cry For Me Argentina’, sung by Mattie Slade; and

• ‘Another Suitcase in Another Hall’, sung by Phoebe Weir.

All recordings of the performaces can be accessed online at:

www.christs-hospital.org.uk/broadway-the-west-endchrists-hospital/

“I was very privileged to perform during the talk. I was extremely nervous because on top of singing to all the senior pupils, I was singing to the man who wrote the song.”

Phoebe Weir

HARRY LING JOINS NYJO ACADEMY JAZZ ENSEMBLE

SPOTLIGHT ON: OLD BLUE, MYRDDIN REES DAVIS

HOW CAN YOU HELP?

Around 50% of pupils’ individual instrument lessons are provided free of charge and the remainder are extensively subsidised.

Your support can help Christ’s Hospital to continue to offer these opportunities to inspire pupils, and develop their musical ability.

Please contact the Development Office for more information on:

T: 01403 247588

E: [email protected]

• Our Chapel Choir is 150 strong and there are six other choirs including a gospel choir.

• About one quarter of pupils are in one or more of the major ensembles.

• Sir Tim Rice’s father, Hugh Rice, was educated at Christ’s Hospital from 1927 to 1934.

• Successful conductors Sir Colin Davis, Constant Lambert and Charles Hazlewood were all Old Blues.

DID YOU KNOW?

Image courtesy of Andrea Sarlo

JOIN US FOR THE ANGUS ROSS MEMORIAL CONCERTSunday 20 March 2016, 7.00pm, Big School, Christ’s Hospital

The Christ’s Hospital Chapel Choir will be joining the Christ’s Hospital Choral Society to perform Faure’s haunting and moving Requiem. The evening will also showcase the Christ’s Hospital Symphony Orchestra performing the exciting and rhythmic Huapango by Moncayo.

Tickets are available from the Box Office on T: 01403 247434 or E: [email protected]

Congratulations to Harry Ling who has become a member of the NYJO Academy Jazz Ensemble, one of the training ensembles run by the prestigious National Youth Jazz Orchestra (NYJO). The NYJO Academy Jazz Ensemble specialises in giving young musicians a firm grounding in jazz essentials: swing, groove, chart-reading and improvisation and crucial experience at playing live gigs.

Harry, who is in his final year at CH said: “I am really excited about this opportunity to play at such a high level.”

A talented music student studying both Music and Music Technology for A level, Harry’s love of music has been nurtured since joining CH at the age of 11, playing drums and percussion. As well as travelling

to London every Saturday morning to the NYJO Academy, Harry also rehearses and performs with the CH Symphony Orchestra, the Jazz Ensemble and he is Senior Drummer with the CH Band.

“Harry’s love of jazz has grown directly through his involvement with the Big Band at Christ’s Hospital, under the leadership of Mr Whittingham and Mr Titchener. Since joining NYJO it has been great to see how readily Harry adapts to different jazz genres in performances, but it is clear that this has been nurtured through his excellent tutelage and the ambitious concerts staged at CH“.

Marcelle, Harry’s Mother

Page 4: INSPIRING CREATIVITY - Christ's Hospital · PDF fileINSPIRING CREATIVITY ... The evening will also showcase the Christ’s Hospital Symphony Orchestra performing the exciting and rhythmic

CHRIST’S HOSPITAL

6 HOUSEY!

A SCHOOL LIKE NO OTHER

SPRING 2016 7

A SCHOOL LIKE NO OTHER

CELEBRATING OUR HISTORY WITH THE CITY OF LONDON

In March, Christ’s Hospital is expected to begin generating electricity from its newly installed solar farm. The solar farm design has been optimised to provide approximately 20% of CH current

electricity supply with the remaining surplus exported to the grid.

Located at ground level on agricultural land bordering the School site, the solar

farm will provide significant savings over the life of the solar array whilst reducing the school’s exposure to the volatility of the electricity wholesale market that is only expected to increase with time.

“The solar farm is an exciting new scheme which will not only provide an investment return to the endowment, but will demonstrate to pupils the benefits of sustainability through a working example of renewable technology within the School.”

Greg AndrewsClerk and Chief Executive of the Christ’s Hospital Foundation

CHRIST’S HOSPITAL INSTALLS NEW SOLAR FARM

In an exciting commemoration of the relationship between Christ’s Hospital and the City of London, a permanent sculpture is planned for the site of the original school, to mark its foundation and continued relationship with the City.

The School was originally located in the City for 350 years before it moved to Sussex. At the recent Court of Governors meeting, Jeffrey Evans, Lord Mayor of the City of London and member of the Christ’s Hospital Council of Almoners, spoke about this ongoing connection between the City of London and CH: “The City is proud of its relationship with the School. The results have been excellent but equally important was the emphasis placed on creativity, imagination and personality.”

A competition was held to commission a piece of public art, which was won by former CH Artist-in-Residence Andrew Brown. Andrew is a renowned local sculptor with many commissions of public art in his portfolio. The sculpture is to be sited in the churchyard of the former Christ Church at Greyfriars. Christ’s Hospital is working with the Department of Culture Heritage & Libraries at the City of London Corporation and English Heritage on planning approval for the final piece.

The sculpture is planned to be

approximately 2.5 meters long and 1.5 meters high. It will depict figures increasing in size and detail to represent how a child grows in independence throughout their life at CH. The background will be gently curved to symbolise the sheltering care of CH over generations of children. Subject to fundraising efforts, installation is planned for early 2017.

HOW CAN YOU HELP?A fundraising campaign will start later in the year so that Old Blues and friends can donate to this permanent reminder of the founding of Christ’s Hospital and the close relationships with the City of London.

To find out more information about the project and how to support it, please contact the Development Office on:

T: 01403 247588E: [email protected] of the proposed sculpture

BLUE FUND LAUNCHES TO ENTIRE CHRIST’S HOSPITAL COMMUNITY We are delighted to announce that the Blue Fund has now launched across the entire CH community; inviting all Old Blues, parents, and friends to join forces to fully fund a child’s seven year education and boarding at CH.

OUR GOAL

We are delighted to have already raised over £94,000 towards the next Blue Fund pupil. With your help, our goal is to raise £180,000 to cover the cost of a child’s full seven years at CH.

Thank you to all our donors who have helped us get this far. We are also enormously grateful to those who have pledged to continue giving regularly (monthly, quarterly or annually) over a child’s lifetime at the School.

WHY SUPPORT THE BLUE FUND?• It is an accessible, affordable way to

contribute towards fully funding a child’s education at Christ’s Hospital for the entire seven years they are at the School.

• The Blue Fund brings together the Christ’s Hospital community, providing an opportunity to connect or re-connect with others associated with this unique school.

• For Old Blues, this is an opportunity to respond to “The Charge” to enable others to enjoy the same advantage they received.

• By joining forces, with Old Blues, parents, former parents and friends, you can help offer life changing opportunities to young people.

YOUR PARTICIPATION MATTERS!

The Blue Fund succeeds only as a collective effort. Even a small increase in the percentage of participation, or the size of an average gift, can have a huge impact on the fund’s success.

We invite you to become a Blue Fund donor. Please contribute at a level you feel comfortable with - all sizes of donations are welcome - and every gift makes a real difference.

How to donate:

ONLINE - Donate by regular direct debit, or a single gift online by visiting:

bluefund.christs-hospital.org.uk

BY PHONE - Please call the Development Office on: 01403 247519

For more information please visit the Blue Fund website at:

bluefund.christs-hospital.org.uk

Alternatively please contact the Development Office on:T: 01403 247519E: [email protected]

HOW CAN YOU HELP?

Page 5: INSPIRING CREATIVITY - Christ's Hospital · PDF fileINSPIRING CREATIVITY ... The evening will also showcase the Christ’s Hospital Symphony Orchestra performing the exciting and rhythmic

A SCHOOL LIKE NO OTHER

SPRING 2016 9

CHRIST’S HOSPITAL

8 HOUSEY!

GRECIANS RESPOND TO ‘THE CHARGE’ BEFORE LEAVING SCHOOL

Development Link Monitos Iona Popat and Onyinye Udokporo have worked closely with the Development Office to support fundraising and CHOBA activities, to meet with donors and prospective donors, and also encourage philanthropy amongst their peers. They have taken on the role with passion and enthusiasm and we are incredibly grateful for all they have achieved.

THE CHARGE “I charge you never to forget the great benefits that you have received in this place, and, in time to come according to your means, to do all that you can to enable others to enjoy the same advantage; and remember that you carry with you, wherever you go, the good name of Christ’s Hospital. May God Almighty bless you in your ways and keep you in the knowledge of his love now and forever.”

Read to all Grecians by The Head Master at the Leavers’ Service.

We are enormously grateful to many of the Grecians of 2016 who have made Christ’s Hospital history by committing to ‘The Charge’ with a small regular gift to ‘The Blue Fund’ before they leave the School.

The Grecians’ commitment to make a regular gift of just £1, £2 or £5 a month, reflects just how each one of them can individually play a part in CH unique community and help to benefit future generations of pupils at the School.

Instilling a culture of giving in pupils is a long-founded tradition and one that is based on the philanthropic foundation of CH.

Pupils have a strong connection to charitable service throughout their time at CH and, as they approach the end

of their final year, they are reminded that philanthropy is central to the many benefits that they receive during their lifetime at the School.

The Leavers’ Service in the Summer Term will be a poignant and formal end to their time at Christ’s Hospital and the point at which they will be read ‘The Charge’ by the Head Master.

The Grecians’ support of ‘The Blue Fund’ will help to fully fund the education and boarding of another child at CH, to give them the same benefits and opportunities they themselves have enjoyed.

We would like to thank the Grecians for their support so far and look forward to them becoming an active part of the community in the future.

HOW CAN YOU HELP?Whether through making a small regular donation, providing careers advice and opportunities, or leaving a gift in one’s Will, there are many ways for those who care about Christ’s Hospital to help sustain its ethos and secure its future.

For further information please contact the Development Office on:

T: 01403 247588

E: [email protected]

DEVELOPMENT MONITORS REFLECT ON THEIR TIME AT CH

A CONVERSATION WITH IONA ...Christ’s Hospital has benefited me in so many ways. Not only have I been surrounded by amazing people, but I have had the chance to take part in so many opportunities that I otherwise never would have had. One of my highlights was to spend a month in Baltimore last Easter on a School Exchange supported by the Friends of Christ’s Hospital. I am so grateful for having that opportunity to immerse myself in another country’s culture and this would have only remained a dream if it weren’t for CH.

I am a Presentee of the Corporation of London and my Governor has been so supportive during my time at CH; encouraging me to consider career options by providing work experience at a law firm and in investment management, both of which gave me great insight into working in the City.

My time at CH has really helped me to become the the well-rounded person I am today. I will miss all my teachers who have had such an impact on my education and personality, especially my housemistresses Mrs Robinson and Mrs Walsh.

I hope to make every last moment really count as my amazing journey of seven years comes to an end. I hope to succeed in gaining a high IB score to get into university and study Philosophy, to give me the best future after leaving school.

In my role as Development Monitor I have enjoyed sharing my love for CH and its ethos, with those who want to see the School continue to offer those in need an outstanding education and a great start in life.

A CONVERSATION WITH ONYINYE ...

I have had the most incredible opportunities at Christ’s Hospital and the chance to try so many different things which I don’t think I would have ever been offered elsewhere. Recently I had the honour of conducting the renewal of the Bishop of London’s ordination vows at St

Paul’s Cathedral which was an amazing and incredible experience - one I will never forget.

CH has also given me a great deal of academic support and one of my greatest achievements was to be awarded the

English Scholarship for Sixth Form. During my final year I am really hoping that I get the grades needed to study Theology at university. After that, I would like to be a barrister specialising in human rights law.

I am the Presentee of The Worshipful Company of Tylers and Bricklayers to whom I am most grateful for their support, as well as their help with various work experience opportunities which have been wonderful and helped to guide me on a career path.

In my role as Development Monitor I enjoy helping the Development team raise support for the School at events and functions held over the year. Without CH I would not have experienced such amazing opportunities and this is why I am so keen to give back, both in my role as Development Monitor, and by supporting ‘The Blue Fund’ - to help give someone else the same opportunities and first class education that I have had.

“This is an important opportunity for Grecians to give something back to CH. We hope the new Art Quad will become a communal area (much like Garden Quad) and that our gift will benefit pupils at CH on a daily basis.“

Georgia Koronka, Onyinye Udokporo, and Iona Popat - Grecians’ Gift organisers

In addition to making their own regular gift to ‘The Blue Fund’, the Grecians are also raising funds for the ‘Grecians’ Gift’ - a commemorative gift from the class of 2016.

A lunchtime concert was organised by the Grecians and featured music performances from a number of the year group. Supported by parents, friends and family, the concert raised over £300 towards a bench in the new Art Quad which will be landscaped for September 2016. Grecians have also organised further successful fundraising activities for fireworks night, the Christmas Fete and Pancake Day as well as a fun run later this year.

LUNCHTIME CONCERT RAISES FUNDS FOR GRECIANS’ GIFT

Page 6: INSPIRING CREATIVITY - Christ's Hospital · PDF fileINSPIRING CREATIVITY ... The evening will also showcase the Christ’s Hospital Symphony Orchestra performing the exciting and rhythmic

CHRIST’S HOSPITAL A SCHOOL LIKE NO OTHER

10 HOUSEY! SPRING 2016 11

THE ENDOWMENT: TRANSFORMING LIVES FOR FUTURE GENERATIONS

WHAT IS THE ENDOWMENT?

Christ’s Hospital’s work and mission is built on the extraordinary generosity of benefactors both past and present, which enables us to provide bursary support to some 75% of our pupils – far more than any other school in the UK.

To understand just how central philanthropy is to Christ’s Hospital, it is important to understand that although we have a significant endowment; it is fully committed in covering the running costs of the school. It is also restricted, in that the value

needs to be preserved in perpetuity for future generations to benefit.

As school running costs rise with the rate of inflation, it is imperative for Christ’s Hospital to deliver a substantial and sustainable increase in fundraising income to not only maintain, but also increase its charitable impact: promoting social mobility and providing life-changing opportunities to young people.

WHAT DOES THE ENDOWMENT SUPPORT?The endowment provides the major source of income and supports around 60% of the school’s annual operating and capital costs to educate 882 pupils and ensure they have the best preparation for life. This includes our commitment to provide almost £16 million of means-tested bursaries per year – more than any other independent boarding school in the UK. Costs include: teaching and support for pupils, catering, facilities, and maintaining the infrastructure, not least the buildings on the Grade II* listed site.

Over the centuries, the generosity of our benefactors has built up a valuable endowment which is Christ’s Hospital’s largest financial asset and a perpetual source of support for the school. As of the end of the last financial year (August 31st 2015) the total endowment was valued at £345 million, of which £202 million was invested in a balanced portfolio of securities and £142 million in directly-held property.

HOW IS THE ENDOWMENT GOING TO BE MANAGED?

The ‘Council of Almoners’ is the Corporate Trustee of Christ’s Hospital Foundation. It is the Council’s experienced Assets and Liabilities Committee which oversees the Investment Policy for the endowment and monitors performance.

The endowment is invested across a range of asset classes with the aim to balance the current needs for spending, with the need for preserving and growing the real (inflation adjusted) value of the endowment for future generations. The Investment Policy currently has a long-term return objective of 7.5% per annum.

The securities portfolio is currently managed by Partners Capital LLP. It is invested in a diversified range of securities asset classes,

with a bias toward global equities and includes illiquid assets such as private equity and private debt. Since Christ’s Hospital has a very long time horizon, this strategy allows us to tolerate medium level risk, but take advantage of the higher returns, typically associated with such investments.

Day to day management of property investments is delegated to the Property Director.

Christ’s Hospital has adopted a “total return” policy, which enables the Foundation to use both income and capital gains in its spending plans. This policy ensures access to the widest possible selection of assets.

HOW IS THE ENDOWMENT PERFORMING?The 2014/2015 fiscal year has seen the Foundation remain on a strong financial footing, with above target investment returns of over 10.2% for the year, solid fundraising income and good expense discipline contributing to a further net growth to our endowment assets. Both securities and property showed performance well above comparables for other charity endowments. Over the last five years the return has averaged 9.7 %, and 10 years (which included the period of the global financial crisis) 7.1 % annually.

WHY CAN’T CHRIST’S HOSPITAL USE MORE OF ITS ENDOWMENT TO REDUCE THE NUMBER OF FULL FEE PAYERS OR, FURTHER REDUCE PARENTAL CONTRIBUTIONS TO SCHOOL FEES?

Christ’s Hospital’s endowment cannot be accessed like a bank account. It is important that we do not spend more than we can earn from the endowment over the long term, in order for the endowment to be able to continue to provide the significant income to support the operating costs of the school, and for it to be maintained for future generations to benefit.

Admitting a limited number of full fee pupils was a necessary step to generate income following the 2008 global financial crisis when the endowment suffered a fall of almost £100 million. There is a widespread view that the existence of full fee payers at Christ’s Hospital means that we are denying places to needy

pupils. In actual fact, it is the result of having full fee payers, that we are educating the same number of needy pupils as we were 10 years ago.

In the same 10 year period, the school has spent some £200 million providing a boarding education to more than 320 needy pupils (that is those paying zero or less than 10% of the full fee) a year. Rather than detracting from our charitable mission, our full fee paying boarders and day pupils have helped us continue it, whilst also enhancing the social diversity that enriches our school community.

WHY IS PHILANTHROPY SO CENTRAL TO CHRIST’S HOSPITAL?

HOW CAN YOU HELP?‘The Campaign for Christ’s Hospital’ aims to increase philanthropic support from the CH community including Old Blues, past and present parents, as well as to broaden our reach - collaborating with individual philanthropists, trusts and foundations interested in supporting education and social mobility.

Regular monthly gifts, single gifts, bequests and gifts of shares and securities, are just some of the many ways that you can help support Christ’s Hospital to strengthen the unique role it plays and increase its impact on society.

For further information please contact the Development Office on:T: 01403 247588 or E: [email protected]

SCHOOLS’ SPENDING ON ASSISTED PLACES*

CHRIST’S HOSPITAL £15.9 M

HARROW SCHOOL (JOHN LYON’S CHARITY) £6.8M

ETON COLLEGE £5.8M

WINCHESTER COLLEGE £4.2M

THE SCHOOLS OF KING EDWARD VI IN BIRMINGHAM £2.1M

*Data drawn from publically available school financial statements 2013/2014

For much of its history since 1552 Christ’s Hospital has been the most philanthropic independent school in the UK. Christ’s Hospital has maintained this tradition, striving to continue its founding mission of providing a boarding education to pupils from needy backgrounds, whilst its peers have moved to full fee paying for all but a minority of pupils. Unlike Christ’s Hospital, these schools rely heavily on school fees as a core income stream to fund much of their running costs, putting less pressure on their endowments. For example Eton covers 74% of its running by school fees alone, whilst only 21% of its pupils receive bursary support. Eton therefore has far more financial flexibility for the return on its £379 million endowment.

For Christ’s Hospital, the return on the endowment is already fully committed to providing over 60% of the schools’ running costs. The remaining 40% must be funded from other sources. In 2015, these sources included:

• unrestricted legacies and donations (5%); • parental contributions towards school fees (27%); and• commercial and other net income (7%).

The ability to meet the financial needs of the school depends critically on significant funding to grow the endowment and positive investment returns, whilst ensuring that we protect the inflation adjusted value of the endowment for the future.

To maintain or increase the proportion of Christ’s Hospital pupils receiving bursary support (currently 76%), it is critical for us to deliver a substantial and sustainable increase in fundraising income.

Return on the endowment

Unrestricted legacies and donations

Parental contributions towards school fees

Other net income

CHRIST’S HOSPITAL REVENUE 2014/15

Page 7: INSPIRING CREATIVITY - Christ's Hospital · PDF fileINSPIRING CREATIVITY ... The evening will also showcase the Christ’s Hospital Symphony Orchestra performing the exciting and rhythmic

CHRIST’S HOSPITAL

EVENTSANGUS ROSS MEMORIAL CONCERT*20 March, CH, Big School, 7.00pm

CH CHORAL SOCIETY CONCERT*16 April, CH, Chapel, 7.30pm

65+ YEARS ON REUNION(Leavers from 1951 and before)27 April, CH, 11.30am - 4.00pm

30 YEARS ON REUNION(leavers from 1985 & 1986)20 May, National Gallery, London, 6pm – 8pm

20 YEARS ON REUNION(leavers from 1995 & 1996)10 June, National Gallery, London, 6pm – 8pm

10 YEARS ON REUNION(leavers from 2005, 2006 & 2007)15 July, Inn the Park, St James’s Park, London, Evening (time TBC)

For events marked* pleasecontact the Box Office for tickets:

01403 247434 (term time only),[email protected]

For reunions, please contact the CHOBA office on: 01403 247665 or [email protected]

Housey! is published by Christ’s Hospital’sDevelopment Office and distributedfree of charge to all Old Blues andfriends of the School and Foundation.

Development OfficeChrist’s HospitalHorshamWest SussexRH13 0YP

T 01403 247588E [email protected]

Christ’s Hospital FoundationRegistered Charity No. 306975

Christ’s HospitalRegistered Charity No. 1120090

www.christs-hospital.org.uk

BE A PART OF THE LEGACYWe are continually astonished by the generosity of Old Blues and other friends of Christ Hospital who leave us a bequest in their Will. The 1552 Society was formed to ensure we thank those who have pledged a legacy during their lifetime, by inviting them to special school events.

In November last year, nearly 100 members of the Society attended a concert with Schola Cantorum (CH’s Senior Chapel Choir) at St Martin in the Fields, in London. The concert was thoroughly enjoyed by all and was followed by a delicious afternoon tea in the neighbouring ‘Café in the Crypt’. In previous years the Society have been special guests at Beating Retreat,

School Concerts and other memorable occasions.

Last year, over a third of our Development income was made up of legacies alone, for which we are most grateful.

Legacies of all sizes are essential in ensuring CH is able to continue to support children facing difficult financial and family circumstances and provide educational opportunities to pupils who would otherwise not be able to afford a high quality independent education. All those who remember CH in their Will play a major part in helping us maintain what is a truly unique establishment.

LEGACIES RECEIVEDSince the Housey! Spring 2015 issue, Christ’s Hospital has received the following legacies from Old Blues and supporters who have thoughtfully remembered the school in their Will. We remain most grateful to them.

Mr W P Arman (PeB, 41-47)Mr D G Alderson (ColA, 33-40) Mrs F J Gibson (2s, 39-46)Mrs K A Kiddell Mrs S M Read Mr M F Wall (PrepA, LaB, 27-33)

HOW CAN YOU HELP? A charitable bequest is simple to arrange. If you are interested in joining the generations of supporters who have remembered CH in their will, please contact the Development Office for more information and advice on:

T: 01403 247588

E: [email protected]