Funding for Penreach comes from corporate South Africa mainly, with growing interest from offshore organisations and foundations.
Mr Paul Harris of FirstRand Limited (pictured top-right), chairs the Penryn Trust, which is the financial custodian of Penryn College and Penreach. ABSA Foundation, Barloworld Trust, FirstRand Foundation (RMB fund), JET Stores, Nedbank Foundation, Pick 'n Pay, Sugar Industry Trust Fund, and SAPPI are currently the primary sponsors of the Penreach programme but there are other valued donors whose contributions to the overall programme are greatly appreciated and very necessary. Some donors offer funding for specific projects within the Penreach operation so that their name is linked to that particular project whilst others offer funding to the Penreach programme as a whole.
The current annual Penreach budget currently stands at R4,3 million, which is a sizeable sum to raise each year. Penreach relies on the generosity of its donors as it works in poor communities with little or no resources of their own.
Besides acknowledging the valuable support of its major donors on this page, the Penryn Trust would also like to express its ongoing appreciation to other organisations and individuals whose ongoing interest and support Penreach is able to achieve outstanding progress in the development of an ethos of best practice in education through its many programmes aimed at developing and assisting educators, their learners, their schools, their communities.
Barloworld have generously donated a Landrover Defender to the Penreach programme. On a daily basis, the Penreach fieldworkers go out to the partner schools in an advisory capacity, for cluster meetings or for mini-workshops. Some of the schools are on appalling roads, so it is with gratitude that a vehicle to cope with these roads has been acquired.
