The Marlborough College Charitable Foundation's Gold & Blue club was officially launched with a presentation to staff at the school yesterday afternoon.
Trustee John Davis said the initiative would fail without the support of staff.
In December last year, a group of college supporters launched the Marlborough College Charitable Foundation which aims to raise money for the college and increase the community links with the school.
The club aims to reach its first 100 members by the end of this month. Members will donate $100 per month to the foundation.
The money from donations would then be distributed throughout the college based on applications for funding made by students and teachers.
Teachers spoken to by The Marlborough Express were positive about the foundation.
Art teacher Deb Cave-Higgins said the foundation offered her and the school "some hope".
"With the current financial situation of the school, which is not the doing of the board of trustees or the students, they're the ones who are suffering," she said.
The college is repaying a $1.3 million loan after it got into financial strife and was bailed out by the Government.
The art department worked on minimal funds, but "you do what you can do with a shoestring budget", she said.
Extra funding would allow departments like art to provide extra opportunities and resources for students, she said.
Asked whether she would join the club, Mrs Cave-Higgins said the college was pivotal in the community and it was important to support the region's future.
"I don't think there's an option not to," she said.
Geography head of department Murry Thornley said the foundation would be a boost to improving the future of the college.
Mr Thornley said he wanted to see the students achieving at the same high levels of the past.
"I want to see this school be the best it can possibly be and if this initiative comes off, it will be," he said.
- The Marlborough Express
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