Principals' Discretionary Fund
About the Fund
The Community Trust allocates funding to all 96 primary, intermediate and secondary schools in our area through our Principals' Discretionary Fund.
The purpose of the fund is to ensure every student has the opportunity to achieve their potential.
The fund is made up of two components with the following goals:
A total of $510,000 per annum is available for allocation to schools consisting of:
Who can apply?
The fund is available to all primary, intermediate and secondary schools in the Trust’s area regardless of the ownership/operation or registration status of each school, but will not be available to homeschooled students.
About Part A funding
Is available to be used, at the Principal’s discretion, towards resources and/or extra curricular activities (not normally considered payable from schools’ operational funding), for an individual student whose family financial circumstance might preclude them from otherwise taking part.
The funds may be used, in whole or part, for the following purposes:
Part A funding cannot however be used to purchase school equipment.
About Part B funding
Is available to be used, at the Principal’s discretion, in pursuit of any of the following Community Trust priorities:
Arts & Culture
Part B funding cannot however be used for capital items or for facilities.
How to apply
Applications need to be made online and in early April each year schools will be emailed a direct link through which they can apply for their Principals' Discretionary Funding allocation.
Closing date for applications
Applications needs to be completed and submitted by 13th April 2017 in order to receive payment.
Accountability and reporting
To receive future Principals' Discretionary Fund payments, Principals will be required to account for how their discretionary funding allocation (Part A & Part B) was utilised including detailing:
Where a school does not fully utilise their Part A and/or Part B funding allocation, the unspent funds will be deducted from the following year's allocation.
Need to know more or if you have any questions
Please contact Ngaire on 0800 500 185 or email firstname.lastname@example.org