• We empower Principals with the finances and the financial tools to deliver great education

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Schools are resource constrained. Let's solve that.

The Principals Fund is a tool for primary and high school principals in South Africa.

We empower Principals with the finances and the financial tools they need to deliver great education. If you are a Principal and need finance or financial services for your school, or help and advice on how to sustainably improve your schools finance position, contact us. We are a not-for-profit company run by a team of accountants and principals whose collective purpose is to build financially strong and financially sustainable schools in South Africa.

We would love to try and help.

HOW WE THINK ABOUT OUR APPROACH

We are not educators. We are accountants. Becoming an educator and running a school is a skillset that requires training and experience. Our role in the relationship is to provide the principal and the teachers with the technology and knowhow to build the financial resources to innovate, and the financial transparency to manage well.

We both build the school as a vehicle for education, as well as use the school as a vehicle for practical training and development.

OUR PROGRAMMES FOR PRINCIPALS

The LEARNER INVESTMENT FUND with FRANC

The LIF is a partnership with Franc which encourages learners and learners' parents to start investing for their tertiary education early. Learners, or their parents, can invest any amount each week, in either an equity or fixed deposit product. Apart from exceptionally low fees, the school at which the learner studies benefits by sharing in he fee income earner.

Our most recent investigation showed that learners stand a 5X better chance of obtaining university funding if they leave school with at least R15,000 for early registration fees at their chosen university. Let your learners start saving towards their education now.

Let's explore how we can help you!

The SCHOOL UNIVERSITY Programme

As a principal of a school, you have access to a range of faclties. However, these facilities require funds in order to maintain them. We have partners with ZAIO to deliver the School university programme. This will deliver technical coding courses for matric and post matric learners at the school, while sharing a portion of the revenue generated with the school.

Find out how we can help you use your resources to deliver income

The SCHOOL INVESTMENT Programme

As a Principal, you are the custodian of the school's present and future during your time in office. How do you leave the school in a stronger position than when you started. Talk to us about the school investment programme, a systematic approach to building an endowment programme for your school.

Contact us now

OUR JUNIOR ACCOUNTANT PROGRAMME

We have proven that the school environment can be a fantastic vehicle for work experience. We offer a proven programme for the development of junior accountants from high school into industry, using the school as a vehicle for work experience. In partnership with the YES for Youch Programme, we place a Junior Accountant at your school, assisting your bursar with the finance function while practicing the skills needed to grow into industry, and under the watchful eye of a trained professional accountant. Over the course of 2 years, the junior accountant will develop practical skills in accounting, finance, data and technology in preparation for a career in Accounting or Finance, while delivering results for your school. If you would like your learners to have a clear path to their future, while earning a salary, find out more about this programme.

Why this approach?

Over the long term, school wealth and school educational performance are very closely correlated (“Poverty & Privilege: Primary School Inequality in South Africa”, (International Journal of Educational Development, Volume 33, Issue 5, September 2013, Pages 436-447).

The bi-modal distribution of performance according to wealth requires little explanation. Better resourced schools are able to provide better facilities, better environments for learning, more support, better teaching support and pay teachers supplemental salaries, amongst other things. 

Our goal is to help low income schools build long term financial resources and achieve financial strength, to enable them to deliver world class educational outcomes.