Why support Tonbridge's development?

Tonbridge School is a charity: there are no dividends to pay or profits to go to investors. The relatively small annual accounts surplus contributes to the school's development.

In addition to the small accounts surplus, Tonbridge is fortunate to benefit from the Judd Foundation - an endowment that originated with Sir Andrew Judde's bequest. For 450 years the Judd Foundation has been the financial backbone of the school. The endowment is now worth about £30m and is managed by the Skinners' Company which releases an income of £1.3m (maximum) to the school each year.

The combination of accounts surplus and Judd Foundation income is sufficient to maintain the status quo. It can even reduce our fundraising challenge. But quite simply it is not enough to cover the developments which Tonbridge needs to realise its vision.

James Underhill, Foundation Director