Welcome to The Grey Foundation

TGF-LOGO

There is a common misperception amongst Old Greys, and the general public, that the Grey Schools and the Old Greys' Union are wealthy and not in need of funding. The magnificent school grounds and buildings foster a perception of Grey being a private school with private school funding. Running the operations of The Grey and maintaining the campuses in pristine condition requires significant funding, not to mention investment in bursaries, scholarships and specialised facilities and equipment for music and sporting activities.

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The Department of Education's (DoE) funding contribution to the schools is hopelessly inadequate to sustain the high standards of excellence maintained by the schools. As a result there is a growing pressure to charge higher school fees. Less than half the academic and maintenance staff at the schools are funded by the DoE.  The DoE's contribution to campus maintenance is about R100 000 per annum, which would hardly refurbish 2 classrooms per year. The Grey Schools are almost entirely reliant on school fees to fund the required operations. While the Grey Schools have an excellent fee paying culture, any significant fee increases could force parents to default, which would lead to a disastrous financial situation.

The establishment of The Grey Foundation provides professional fundraising, management, marketing and branding expertise to The Grey. Its goal is to build amongst others, a significant financial fund to generate annuity income to ensure that the ethos, values, traditions and infrastructure of The Grey remain intact for current and future generations of Grey boys. The Grey Foundation is committed to the efficient utilisation of all collected and distributed funds and applies strict governance and commercial management principles in all its activities.

 

Grey Foundation 2020 Vision

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Make a contribution

The Grey Foundation's trust is registered as a Section 18A Non-Profit Organisation (NPO). Therefore your contribution is eligible as a tax deduction, up to 10% of your annual tax bill (subject to SARS rules). Please consult your tax adviser for assistance with planning your giving. To request a tax certificate email the This email address is being protected from spambots. You need JavaScript enabled to view it.

There are several ways you can contribute:

Monthly Debit Order provide you with a simple, hassle-free way to make a monthly contribution to the Foundation. Debit Orders also minimise the costs and administrative burden of the Foundation's office. If you are an Old Grey then your Old Greys' Union fees are covered by this debit order and you will not be required to pay separate Union fees.
 To sign-up for a debit order download the Debit Order Form here, complete and return via fax (Telefax: +27 (0) 41 392 7625) or email This email address is being protected from spambots. You need JavaScript enabled to view it..

Cash donations

  • Direct deposit (EFT) using the bank details below.
  • Post or hand deliver a cheque to the The Grey Foundation office 'neath the tower.

Bequests are an effective way to make a planned donation and lessen the burden of taxes on your family and on your estate. A Codicil to your Will is available from the Grey Foundation Office, or you may download the Codicil form here.

Gifts-in-Kind include a variety of goods and services which can be donated to the school (e.g. professional fees, building material, equipment, etc.)
Bonds, Shares, Life Insurance policies, Real Estate, and other Securities may also be donated or bequeathed to the Grey Foundation.

Bank details
Account name: The Grey Institute Development Trust
Standard Bank
Branch: Rink Street,
Branch code: 05041700
Account: 080290086
Reference: Please use your initials and surname as reference

The Grey Foundation Contact Info

Physical Address:
College Drive, Mill Park, Port Elizabeth, South Africa

Postal Address:
Private Bag X0002, Greenacres, 6057

Contact:
Tel: +27 41 392 7625, Fax: +27 86 660 5920,
Email:
knox@thegrey.com