Shrewsbury School Foundation - Annual Report & Donor Roll - 2022 - 2023
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Source of Gifts<br />
80% Alumni<br />
11.5% Former <strong>Shrewsbury</strong> <strong>School</strong> Parents<br />
48.5%<br />
The Means Tested<br />
Bursary Fund<br />
Direction of Gifts<br />
4.5%<br />
The<br />
Infrastructure<br />
Fund<br />
6.5% Current <strong>Shrewsbury</strong> <strong>School</strong> Parents<br />
1.5% Friends<br />
47%<br />
The <strong>School</strong>’s Current Area<br />
of Greatest Need Fund<br />
0.5% Organisations<br />
The <strong>School</strong> awarded Scholarships and Bursaries<br />
worth £4.54 million to 385 recipients during the<br />
year, of which £3.18 million was awarded to 198<br />
means tested recipients<br />
Our programme is building year on year…<br />
This year the <strong>Shrewsbury</strong> <strong>School</strong> <strong>Foundation</strong> has maintained the number of Means Tested Bursary recipients it has supported at 27.<br />
Overall, we have also increased Scholarship and Bursary awards and increased the funding of Means Tested Bursaries.<br />
Our definition of ‘Transformative Means Tested Bursaries’ is those which enable young people requiring 75% — 110% remission of fees to attend the <strong>School</strong>.<br />
It costs £1 million to endow a Transformative Means Tested Bursary, providing the opportunity of <strong>Shrewsbury</strong>: For Life, in perpetuity.<br />
We are progressing with confidence toward the <strong>School</strong>’s commitment to meet its strategic objective of increasing the number of Transformative Means Tested<br />
Bursary recipients to a target of 40 pupils annually by 2030.<br />
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