Sagacity International School (SIS) is a not-for-profit organisation and all income are reinvested in the School for educational reasons. SIS seeks to maintain stable and secure finances, with adequate reserves to survive emergencies and economic unpredictability, so that parents may have faith in the continuation of their children’s education despite unfavourable economic or other circumstances.

There are financial regulations in place to guarantee that the Board of Directors and School Leadership will disburse monies appropriately. An yearly external audit verifies the school’s finances and is shared with the school’s community.

SIS’s aim is to minimise its exposure to borrowings and to be financially independent of banks and other financial institutions. The majority of SIS’s revenue comes from the fees charged for the education it delivers. Donations and development funds, which are often utilised for substantial capital improvements, are sought out as supplementary financial sources by the institution.

SIS bank reserves are primarily held for the following objectives:

To provide working capital for the School’s operational activities, including the payment of future education costs related to fees already received;

To pay future liabilities;

To build up funds for capital projects; and

To provide an emergency fund that will allow SIS to continue operations in the event of a sudden economic downturn or other sudden emergency.