The Foundation’s strategy is to have sufficient financial resources to finance a student through four years of secondary education. The financing strategy for Palmhouse Foundation is predicated on the following:
- Establishing the estimated cost of educating the current beneficiaries through four years of secondary school education;
- Fundraising efforts to mobilize sufficient financial resources to meet the estimated cost of education for the four years as well as contribute to the building of an Endowment Fund;
- Building an Endowment Fund and invest this prudently for the earnings to meet the cost of financing the secondary education of new beneficiaries while keeping the principle intact.
Fundraising is done through a number of events, activities and opportunities for partnering with Palmhouse Foundation.
Our ability to raise sufficient financial resources and to attract mentors are the only factors that limit the number of students we can take in any given year.