MODUS OPERANDI

FINANCIAL OBJECTIVE

To Target the Collection of a SLR Rs 1.2 Billion Fund over 10 Years – from Formation and Promulgation of the Fund in March 2020

Monthly contributions nationally and internationally – by direct debit
• Lump sum contributions from corporates and individuals

Secure tax deductions & exemption status for the STC 2020 GFF so as to facilitate generous contributions to the fund.

Establish a wall of grace to recognize all contributors

Establish the steering group (ideation, policy & strategy) and subsequently, the national and international working groups (execution) for each country / state

NATIONAL AND GLOBAL – MONTHLY COLLECTION FUND

  • Each Thomian to contribute a minimum 5 Units each month (or Qtly or bi-annually as appropriate), to the STC 2020 Global Foundation Fund (GFF), through a Bankers standing Order / Direct Debit
  • Contributions in Sri Lanka to be Rs 500.00, in UK L5.00, in US, Canada & Australia – $5.00 and in other international Territories – the equivalent of $5.00 as a monthly contribution
  • For Silver and Gold Levels, a higher contribution threshold will be established.
  • For Lump Sum Contributions (once off or Endowments), a similar analogy will be applied.
  • Consideration of Non Thomian contributors (“Thomian families”) also permitted, as contributors to the 5 Principles Fund, under the STC 2020 GFF Initiative.

ENDOWMENT APPROACH

To consider an Endowment type approach for Families to BEQUEATH Properties (especially close to college), Family Fortunes and / or Inheritances, or other Lump Sum Investments of any Type, to Bolster the STC Global 2020 Fund

INTERNATIONAL PAYMENT PLATFORMS

To work with the main international payment platforms to enable this operation & support College and ensure “reach out” to Thomians overseas.

 

 

 

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A FIXED AMOUNT MONTHLY

PAYMENT OPTIONS