The Royal Britannia School subscribes to the Thrive Foundation was established in January 2016 as a foundation working closely with B1G1 who are registered globally under B1G1 possessing legal capacity. It is located in Singapore, as a not-for-profit organisation.
The main purpose of the Foundation is to promote the mission of the Royal Britannia Education (RBE) which is a separate not-for-profit association that serves the educational needs of students age 18 months through Year 2.
The Foundation Board has engaged a legal firm Najeeb AlFleij to directly manage the endowment funds with a strategy to pursue investment vehicles that do not involve any undue risks but result in a steady income stream to help create new opportunities for future generations of RB students.
The strategic objective is to grow the principal for the initial phase, after which time the first income distributions could be used. This is dependent on any changes that may occur in the financial sector. As other generous benefactors add to this endowment in years to come, it is sure to become a cornerstone of both financial stability and innovation for RB.
RB Foundation Board
The RB Board of Trustees serves as the Supervisory Board of the Thrive Foundation that elects the Foundation Executive Board, which represents the Foundation.
The RB and Thrive Foundation's Executive Board is made up of current parents and parent-alumni, pictured below. This group is charged with managing the Foundation with the intent of safeguarding the principal and eventually using income from investments to support the future needs and aspirations of the school. The work of the Foundation Executive Board is regularly reviewed by the RB Board of Trustees.
RB Foundation Board Member