Annual Review UWC SA April 2008
I am pleased
to report on the affairs of the United World Colleges
Scholarship Trust of South Africa for the twelve months to April
2008.
It is with
regret I report that Bishop David Nkwe, our patron, died in
January 2008. A letter of condolence was written to his widow.
During the year Jeremy Lock retired from his active involvement
in the trust’s activities. I would like to take this opportunity
of thanking him for his enormous contribution over the years. He
remains a trustee.
1. SCHOLARSHIPS
In 2007 the
Trust awarded six scholarships as follows:
|
College |
Recipient |
|
Atlantic |
Yash Pillay |
|
Adriatic |
Bongani Ndlovu |
|
Mahindra |
Ayesha Krige |
|
Nordic |
Koketso Makhafola |
|
UWC – USA |
Gareth Smit |
|
Waterford KaMhalaba |
Nothando Kumalo |
In 2008 the
allocation of scholarships to the trust has been more limited.
At the time of writing the only assured scholarships are Pearson
College and Waterford. Adriatic College have allocated an
“émigré scholarship” which is restricted to candidates of
Italian descent. Partial scholarship offers were received from
Costa Rica, Mahindra and Li Po Chun. The latter was declined and
the others are dependent on funds being raised outside of the
trust’s own resources.
Atlantic
College offered two unfunded scholarships which we obviously had
to decline. I am negotiating with the college for one fully
funded scholarship.
This
situation reflects the growing competition for scholarships by
UWC member countries and a general shortage of funding.
Once again, I
would like to express my sincere thanks to all those involved in
the selection process which is the core activity of the trust.
Your dedication and hard work ensures that we consistently
produce top quality scholarship students!
2.
SELECTION PROCESS
The regional
and national selection chairs will report on their specific
areas of responsibility at the AGM.
3. STUDENT
REPORTS
Following a
request at the previous AGM procedures have been put in place to
ensure that reports are received from the colleges for all UWCSA
students.
I am pleased
to tell you that these reports have been of a generally high
standard. Our students are performing well academically and
contributing energetically to college life.
The reports
are distributed to the trustees, office bearers, regional
selection chairs and some committee members of UWCSA.
4. FINANCE
The audited
accounts for the financial year ended December 2006 are to be
approved at the AGM.
5.
FUNDRAISING
The trust’s
fundraising campaign was launched during the year and has been
reasonably successful. A total of R260 000 has been raised
against a budget of R300 000. Virtually all potential donors
have been approached and there are no outstanding prospects.
The trust’s
cash balances at 31 January 2008 totalled R411 477 which secures
our operating and scholarship expenses for at least the next
five years.
S18A tax
receipts have been issued to all donors. I would like to take
this opportunity to thank them for their generosity.
In addition,
funding for scholarships and related costs was received
totalling approximately R233 000.
6. INVESTMENT
STRATEGY
The size of
the trust’s cash balances necessitate a discussion of investment
strategy at the AGM.
7.
TRUSTEES & PATRONS
The
appointment and resignation of trustees has been finalised with
the Master of the High Court. The only outstanding resignation
is that of Claudia Koch.
The
appointment of patron(s) will be discussed at the AGM.
8. NETWORK
Continued
progress was made during the year in the development of a
database of UWC graduates. This is now in a format which can be
used for communication purposes.
The majority
of this work was done by Kate-Louise McCay who is now living in
England. The maintenance of the database has been taken on by
Taya Darch.
It would seem
a sensible strategy to utilise the Facebook facility to access
and communicate with UWC’ers. This was raised in Nikesh
Parbhoo’s report on the Africa Regional Conference.
9.
COMMUNICATION
The regular
communication with the Colleges and the International Office
continues. A report on the trust’s activities is distributed to
the colleges each year in September which is shortly prior to
the allocation of scholarships.
The UWCSA
website is regularly updated and much positive comment has been
received about it.
10. AFRICAN
REGIONAL MEETING
This was held
in September in Nairobi, Kenya. Nikesh Parbhoo represented UWCSA.
He circulated a report on the conference on 6 November 2007 and
will discuss this at the AGM.