| The
prime responsibility of the
Foundation Governors of the
School is the administration of
the School Endowment Fund. Since
little seems to be known of the
Fund we commissioned the
following article. THE
PRESCOT SCHOOL ENDOWMENT FUND
ARTHUR
R. WHITAKER Foundation Governor
1980 -1995
Cerrigydrudion
is a small village situated in
one of the most beautiful parts
of North Wales. It is from here,
provided that you have found the
right road, that you will
eventually find yourself on a
narrow un-made track leading deep
into the Clocae/iog Forest where
ultimately you will reach
Tan-Y-Graig, a small farm
nestling on a hillside where the
peace and tranquillity is matched
only by the splendour of the
surrounding countryside. Here you
may come across the happy but
unobtrusive sound of young and
excited voices as a small group
of pupils from Prescot School
clamber among the rocks of a
tumbling waterfall. Oblivious of
their icy soaking, they strive to
reach higher levels, encouraged
by their teacher and those who
have already completed the climb.
You will meet other young people
attempting the miniature but
challenging assault course of
rope-bridges and other obstacles
high in the trees surrounding
Tan-Y-Graig.
These
are but two of the
character-building activities
which engage the pupils in this
idyllic setting, for Tan-Y-Graig
is no longer a working farm: it
is the new activity centre of
Prescot School, It was in 1992
that Tan-Y-Graig was acquired by
the Prescot School Endowment Fund
and with it came an opportunity
to provide for the School a
lasting asset which would benefit
not only the present pupils but
their successors for many
generations to come.
A
considerable sum was needed, not
only to purchase Tan-Y-Graig, but
to meet the professional fees of
the architects, engineers and
builders who would eventually be
needed to adapt and refurbish the
farmhouse buildings to make the
superb activity centre which
exists today. So, what isThe
Prescot School Endowment Fund;
from what sources were its
finances raised and who are its
administrators ?
The
Fund was first known as The
Prescot Grammar School Endowment
Fund and was regulated by the
Minister of Education in 1958. In
1975, this was changed by a
scheme under the Charities
Commission and in 1989 its title
was amended to The Prescot School
Endowment Fund. To describe the
manner in which the finances of
the Fund have been built up would
require more space than these
columns permit. However, a full
account may be found in F.A.
Bailey's history of the School
which was so spendidly updated by
Pat Bailie at the time of the
450th Anniversary of the
Foundation of the School. It
perhaps suffices to record that
the monies available today have
accrued over several centuries
from the sale of property and
land, from wise investments and
from benefactors large and small
who, since the School was founded
so many years ago, have shown
such obvious interest and
generosity.
Today the
Fund is administered by eleven
Foundation Governors who
represent the following three
groups:
| Group
1 |
1
ex-officio member |
Head
Teacher |
| Group
2 |
7
nominated members |
1
King's College, Cambridge
4 Local Authorities
1 Prescot School
Association
(Parent/Teachers)
1 B.I.C.C. Ltd |
| Group
3 |
3
co-opted members |
Prescot
residents or those with
special knowledge of
Prescot |
It was in
1980 that my own involvement with
the Trust began when I was
nominated to serve as a
Foundation Governor in my
capacity as a Prescot Councillor
on Knowsley Borough Council. The
fact that I was an Old Boy of
P.G.S. added special interest
and-when I found that the affairs
of the Foundation Trust were at
that time under the chairmanship
of Geof Dixon, I really began to
feel that I was back in class !
This initiation was to be the
beginning of a long period as a
foundation governor and when I
relinquished council affairs I
continued to serve the Trust as a
B.I.C.C.-nominated member. After
retirement, and much to my
pleasure, I was invited to
continue as a co-opted member.
The
special charitable status of the
Trust Fund has enabled the
Governors to invest the capital
of the Trust in the Charities
Official Investment Fund which
enjoys the benefit of high
interest tax-free earnings and
brings an income of some £12,000
per annum into the Fund. It is
the responsible distribution of
this money for school use,
together with the investment base
of the Fund, which is the prime
responsibility of the Foundation
Governors.
The
Foundation Governors meet twice a
year and it is through the
Headteacher that all requests for
financial assistance are
directed. These are for benefits
of any kind not normally provided
by the Local Education Authority
and include any or all of the
following:
a.
Travel Scholarships
b. Assitance to School
departments [ special equipment,
musical instruments etc. ]
c. Fieldwork and related
activities [ supply and
maintenance of mini-bus etc.]
d. Purchase and maintenance of
Property for the exclusive use of
the School.
In
the last of these categories, the
Foundation Governors embarked in
1968 on an investment strategy
which was to prove without doubt
of immense advantage to the Fund
and of immeasurable benefit to
the School. This was the purchase
of White Hart House situated in
the centre of the lovely
Yorkshire village of Dent. This
property became the first field
study centre and was used by the
School to the benefit of hundreds
of pupils. Because of structural
problems on the upper floors and
limits to any possible extension
of the property, further major
renovation was not possible.
Consequently the property was
sold in 1988 for the sum of
£44,000.
It
was now the intention of the
Foundation Governors to purchase
a larger property in a more
remote area and a search began in
earnest to locate suitable
premises quickly. However, this
time it was not going to be easy
to find another property and
indeed four years were to elapse
during which time several
premises were seen and dismissed
as unsuitable and those which
became of interest were refused
the appropriate planning consent
from the Local Authorities to
enable an Activity Centre to be
established. During this period,
the School had the use of rented
property, again in Yorkshire,
near Nidderdale, but this was
only a short-term expediency even
though it maintained the
enthusiasm of the School to
possess an Outdoor Pursuit Centre
of its own.
In
1992, four years after the sale
of the Dent centre, the
break-through came when Colin
Wilson, Head of Outdoor Pursuits,
brought to the notice of the
Foundation Governors what he
believed would prove to be a
perfect location for the new
centre. At a cost of £75,000, it
was an opportunity too good to
miss. A small working party of
Foundation Governors and senior
staff of the School was soon
assembled and before long we
found ourselves entering the
gates of Tan-Y-Graig. Here,
surrounded by five acres of its
own ground, was indeed the ideal
location: a haven of peace and
solitude which we hoped would
soon enable the young people of
Prescot School to breathe the
pure, clean air of the beautiful
Welsh countryside. This time
there were no objections from the
Local Authorities and the
legalities of purchase were
quickly finalised.
The
property consists of a
substantial two-storey farmhouse
which has the advantage of an
adjoining large shippon and barn
which, whilst in a dilapidated
condition, possess excellent
potential for future expansion.
It was evident from the outset
that major alteration and
restoration would be required and
this became the first priority of
the Foundation Governors.
The
succeeding months were not free
of worry as the Foundation
Governors faced ever-increasing
costs regarding the work
necessary to make the house
suitable for our purposes. Fire
and safety regulations added to
the financial burden and the
necessity to completely rebuild
the roof was a major worry,
particularly as this had not been
revealed in the initial surveys.
The
proceeds of the Dent sale,
invested over a period of very
high interest rates, virtually
met the purchase price of
Tan-Y-Graig. Nevertheless, a
mortgage had to be raised to
cover the additional renovation
costs and this ultimately added
approximately £90,000 to the
original purchase price of
£75,000. This has stretched the
financial assets of the Endowment
Trust Fund to the limits and has
understandably reduced the sum
now available from the fund for
the other special requests
normally required for the school.
It also means that the renovation
of the adjoining shippon and barn
will have to be indefinitely
deferred because it is now
completely outside the financial
scope of the fund to pay for the
cost of this refurbishment which
is currently estimated at
£100,000.
Nevertheless,
this splendid and valuable
property is now held by the
Foundation Trust for the
exclusive use of Prescot School.
Already more than one hundred
pupils have enjoyed the 3-day
courses which are run throughout
the year. The accommodation is
capable of housing three staff
members and twelve pupils at any
one time although this can be
increased in the summer months by
the use of camping facilities in
the adjacent fields.
Tan-Y-Graig
Activity Centre has been in use
since December 1994 but it was on
17 July 1995 that Eddie O'Hara,
M.P. for Knowsley South and a
Foundation Governor, officially
opened the centre. A gathering of
invited guests and officials from
various bodies who had been
associated with the work of
conversion and renovation was
present. It was a source of great
personal pleasure that on my last
day as a Foundation Governor I
was able to be present on this
special occasion and to reflect
that the pupils of Prescot School
now have their own superb
Activity Centre which we trust
will flourish for many years to
come..
Arthur
informs us that Old Boys of the
School are welcome to visit
Tan-Y-Graig. Intending visitors
should telephone the school
beforehand to obtain directions
and details of occupancy times.
|