This project was active from 2006 to 2010.
Its purpose was to explore the viability of establishing in
New Zealand a United
World College (UWC)
Origins and rationale
The project was started by John Hilhorst,
a secondary school teacher at Queenstown. In the initial stages,
Tony Baldwin assisted John as a friend in making connections
and developing a business plan. However, it quickly developed
into a larger undertaking involving many more people.
Among other things, a New Zealand UWC would:
Project New Zealand as a country to future
young leaders across the globe
Forge invaluable relationships that extend
and strengthen New Zealand’s connections to places
of learning, trade, culture and friendship around the world,
and
Establish New Zealand as an international
centre of excellence in global leadership development for
young people
Key steps and achievements
The project was philanthropic; however it
was established and run on a disciplined and professional
basis. Key steps and achievements included:
Establishing a robust Business Plan
Assembling a talented board of directors
and expert advisers, with Rt Hon James Bolger as patron
(further details below)
Raising $850,000 cash in sponsorship funding
(further details below)
Developing an innovative Education Framework
for a new generation UWC, which was reviewed by an international
panel of education experts;
Building a detailed budget and financial
model;
Undertaking a detailed property search,
which led to a gift of a 16 hectare property near to Queenstown
as possible campus site, and developing a concept and cost
plan for that site with Beca Group; and
Preparing a draft proposal document for
the next stage of the project;
Receiving in-kind contributions of time
and expertise to the value of around $2.8 million.
Funding details for feasibility study
The feasibility study had a budget of around
$850,000. We obtained this funding from four sources:
Major sponsors – $610,000
Donations, grants and interest –
$120,000 (approx)
Professional services provided on a pro
bono basis – $220,000, and
Contributions of expert time from our
board members and expert advisers, which were substantial.
Major
cash sponsors were:
Cash
$
Air New Zealand
100,000
Contact Energy
100,000
NZ Post
100,000
ASB Bank
100,000
Telecom
100,000
Fonterra
50,000
Perry Foundation
50,000
Sir Roy McKenzie
10,000
Total
$610,000
Pro
bono professional services were provided by:
Services
$
(estimated value)
McCulloch
Partners (accounting)
85,000
Chapman
Tripp (legal)
25,000
Beca
Group (site development)
40,000
Sweeney
Vesty (communications)
25,000
Ogilvy
(communications)
10,000
Kinross
Partners (HR recruitment)
25,000
PriceWaterHouseCoopers (auditing)
5,000
Global
Philanthropic (fundraising)
5,000
Estimated total value
$220,000
We
recorded pro bono contributions in a report that
we called the "Recognition Report". We reasonably
estimate that the project has received pro bono contributions of time and expertise having a cash-equivalent
value in the order of $2.8 million.
Outputs
For
each output, we strived to follow a rigorous process, and
to produce a product that met high professional standards.Our performance against Business Plan targets for the
Feasibility Study stage was as follows.
Target
output
(in no particular
order)
Delivery
Fundraising plan
Preferred structure of funding, with a profile of potential prospects.Further
detailedwork to follow
Consultation with stakeholders
Discussed project with extensive list of stakeholders identified in Business
Plan
Review of UWC performance
Key concerns as to whether the existing UWC model would deliver our goals
Outline of academic programme
Developed leading-edge Education Framework document, which has been reviewed
by a range of international experts
Outline of service programme
Set out in Education Framework document
Governance plan
Developed preferred structure. Further work required on medium-term composition
Financial model
Comprehensive financial model prepared, which has been reviewed by PWC.Cost
input assumptions to be continuously updated
Site selection
Completed extensive selection process that included 70 properties across NZ.Detailed
evaluation reports prepared assessing each property
against key criteria.
Site acquisition
Negotiated a binding agreement for sale and purchase of an outstanding 12-16ha
site on the outskirts of Queenstown
Site evaluation, including preliminary analysis
of any risks relating to RMA
risks,geotech,and the like
Completed by Beca Group (see below)
Concept development plan
Beca Group prepared a Master Plan for the development of the site to achieve
our goals
Estimate of development cost [+/- 20%]
$51.6m (as at October 2010)
Proposal document
Prepared various draft proposal documents for the next stages of the project
Specific reports prepared as inputs to our Feasibility Study
included:
Beca Group report
Financial model
Education Framework
Site Study Evaluation,
Fund raising options,
Draft proposal documents for next stages,
and
‘Recognition’ report.
Key conclusions
At the end of the Feasibility Study stage, we had to decide,
consistent with our Business Plan, whether expected
benefits were greater than expected costs, and whether risks
were manageable in a cost-effective manner.Based on these criteria, the project was
considered to be not viable in the medium term.The project did not proceed to the next stage.
Project directory
Founder Patron:
Rt Hon James Bolger, ONZ
Creative Founder:
John Hilhorst
Board of Trustees:
Tony Baldwin (Chair)
Craig Stobo(Deputy Chair)
Stuart Chrisp
Alison Gerry
John Hilhorst
Suzanne Janissen
Sam Knowles
Carolyn Kirkpatrick
Grant McCulloch
Consultants:
Anna Winn
Gillian Heald
Rupert Wilson
Professional partners:
McCulloch & Partners (Accounting)
SweeneyVesty (Communications)
Chapman Tripp (Law)
Beca International (Property design)
PricewaterhouseCoopers (Auditing)
Denham Martin (Tax)
Major benefactor:
Donor of a 16 ha property near to Queenstown
Key seed funders:
Telecom New Zealand
ASB Bank
NZ Post
Contact Energy
Air New Zealand
Perry Foundation
Fonterra Cooperative Group
Sir Roy MacKenzie
Registration:
NZ Companies Office – Certificate Number 1898203
NZ Charities Commission – CC10493
NZ Inland Revenue Department – IRD
number 96-162-121