Friends of Ghyll Head
FOGH News Page
Bursary Fund | Bursary Fund |
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| Wednesday, 11 June 2008 | |
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Bursary Fund
This investment fund was started in 2007 with a bequest from the late Janet Christopher. Friends of Ghyll Head have added to this from our fund-raising activities and the fund now stands at £25,000. This money is held in a high interest account and it is anticipated it will yield more than £1,200 this year, which will be used to support specific projects aimed at raising standards of achievement in Manchester schools. The more capital we can invest the greater income this will earn. Thus, in addition to adding to the capital through fund raising, we would like to invite our members and others to lend us money to invest as well. We're looking for people who are prepared to lend (in units of £100) for a one year period. The lent sum would be returned at the end of the year or re-lent for a further year. You get your money back, and the interest would be used to support specific projects. Your money is safe, you resist the temptation to spend it for a year or more, and it's being used purposefully. It doesn't get much better than that!
Please contact us if you would be interested in supporting this development. |
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