School Governors is crowdfunding
Iʼm raising £3,000 to help fund improvements and developments to our school.
- Valley Park, Hampshire
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St Francis CE Primary is a Voluntary Aided School. This means the Winchester Diocese (Church of England) owns the school buildings, and instead of the Local Authority or Council paying for building works, the school's governors are responsible for covering the costs of the majority of building repairs and improvements.
The school receives some government funding for this purpose, which has to be held by the school's governors in a designated account separate from the main school budget. This money cannot be spent on staffing or small projects. Governors are required to have a separate fund to support these costs and cannot spend this funding without paying 10% of the cost.
The Governors’ Fund has to pay 10% towards all works carried out on school buildings which uses our capital funding. This means, for example, that if the school wanted to spend £20,000 on building work the Governors' Fund would need to contribute £2000.
There needs to be enough money in the Fund to ensure necessary improvements to the school can be made as required, or when lucky enough to secure extra funding from other sources. There also needs to be a contingency fund for any unforeseen or emergency maintenance.
This fundraising page is intended to collect donations towards the Governors' Fund. So that the school can undertake necessary works and use the capital funding it is allocated. For every £10 raised the school can access £90 of funding. Money raised will be spent on renovation and improvement projects. It will not be spent on staffing or core running costs.
Parents/carers can also donate via Scopay. If you would like to make a regular donation, please contact the school office to arrange.
If you would like to know more about the Fund, please contact Brian King and Nick Grew, Co-Chairs of Governors, via the school office.
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Danika Lani Stow-Monk
Oct 28, 2024
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What is crowdfunding?
Crowdfunding is a new type of fundraising where you can raise funds for your own personal cause, even if you're not a registered charity.
The page owner is responsible for the distribution of funds raised.