Creating lasting impact for Mount Aspiring College
The Aspiring Endowment Fund is a managed portfolio set up by the MAC Foundation with the goal of generating money in perpetuity to support Mount Aspiring College. Support is given to the college under the three pillars of Equity, Excellence and Wellbeing.
Established in 2024 with generous seed funding of $100,000 from the Ray and Elsie Armstrong Trust, the Endowment Fund has grown to approximately $350,000 by late 2025. Your contribution joins an invested portfolio that grows year after year, with annual returns funding current student needs while the principal continues building for future generations.
How your investment works
Your donation will be added in full to the endowment fund investment portfolio, where it will be protected and used to generate ongoing benefits. Each year a portion of the returns from the portfolio will be used for the annual needs of the school, with the remainder reinvested to grow the fund for the future.
Once established, the endowment fund will provide financial stability for the Foundation, and thereby the school, for generations to come. We are looking to increase the size of the fund each year from gifts and bequests from those in the community who wish to make a long-term impact on the education of our young people and the community they live in.
We want Mt Aspiring College to have world-class resources and capabilities to ensure every student is able to reach their full potential.
Where the money makes an impact
The Endowment Fund’s annual distributions support Mount Aspiring College across three vital areas:
Equity
Ensuring every student has access to opportunities regardless of their background or circumstances, including uniforms, devices, and removing financial barriers to participation.
Excellence
Investing in world-class resources, innovative programs, and facilities beyond what is funded by the Ministry of Education. Support includes specialist teachers, resources for higher education and upgraded resources.
Wellbeing
Supporting the mental, physical, and social development of our students through initiatives that enable students to reach their full potential. Support includes educational psychologist services, scholarships, and sustainability and inclusivity initiatives.
Our goal
MAC Foundation has set an ambitious but achievable goal: building the Endowment Fund to $5 million in invested capital. This is about creating financial stability that allows Mount Aspiring College to plan confidently for the future, invest in innovative programs, and ensure every student receives an equitable education experience regardless of economic circumstances.
As the fund grows, so does our capacity to support our thriving school community and respond to emerging opportunities and challenges in education.
Management you
can trust
Your investment is protected through rigorous professional oversight. The MAC Foundation Board brings decades of combined business, legal and investment experience, ensuring every dollar is managed with fiscal responsibility and strategic insight. The Foundation’s track record speaks for itself – from establishing the school hostel in 1993 to demonstrating innovative investment management that has consistently enabled excellence at Mount Aspiring College.
Partnering with Forsyth Barr, this formal investment strategy is designed for long-term growth while maximising its impact for future generations.
Join our legacy
The Aspiring Endowment Fund offers you the opportunity to make a lasting impact on education in our community. Whether through a significant gift, regular contributions, or including the fund in your estate planning, you become part of a legacy that will strengthen Mount Aspiring College for generations.
For more information about contributing to the Aspiring Endowment Fund or to discuss legacy giving options, contact the MAC Foundation.
