Current Status
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In addition to succeeding in its core mission, UWC Mostar has the potential to become a centre of excellence in the region
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Within a very short period of operation, the College has been outstandingly successful at achieving its objectives, and there is significant potential for the College to develop even further
The College has a high potential to act as a “lighthouse” for other secondary schools within the region by demonstrating that full integration of ethnic groups is practical, achievable and beneficial
  • While many Bosnians themselves recognise that the segregation of their educational institutions is deepening divisions in their society, there is often scepticism that resistance to integration can be overcome
  • However, despite the scepticism and disbelief of many, UWC Mostar has demonstrated that integration is possible and can offer a model for local Bosnian schools to follow
The College also has the potential to become the leading secondary school in the region, attracting potential future leaders across the Balkans, and educating them in a fully integrated environment founded on principles of mutual respect and tolerance for people of different backgrounds
  • An infrastructure capable of delivering world class education has already been put in place with the potential to attract the “best and brightest” throughout the region
  • UWC Mostar’s scholarship program has the potential, if widely advertised, to attract students of the highest quality within Bosnia, irrespective of ethnic background, religion or financial means
Finally, the College has the potential to provide cutting-edge education in the process of post-war reconciliation, in a way that cannot be replicated easily anywhere else in Europe
Funding
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After an extremely successful initial trial period that has exceeded all expectations, the decision has been taken to place the College on a permanent footing with appropriate changes to governance
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The project was launched experimentally in 2006 for a 3 year period in the face of major uncertainties in relation to
  • Securing adequate funding
  • Winning sufficient Bosnian support and participation to justify its continuation
  • Succeeding educationally
Within a very short period of operation, the College has been outstandingly successful at achieving its objectives
The decision has now been taken to place the College on a permanent footing with strong support for this objective from, among others
  • Successive High Representatives and Senior figures in the European Union
  • International Board and National Committees of the United World Colleges
Governance
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After an extremely successful initial trial period that has exceeded all expectations, the decision has been taken to place the College on a permanent footing with appropriate changes to governance
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Governance of the College was initially entrusted to a Finnish Association which established an Executive Committee in Bosnia and Herzegovina under Bosnian Chairmanship
Project titled “The United World College - International Baccalaureate (UWC - IB) Initiative in Bosnia and Herzegovina”
In order to emphasise and develop Bosnian responsibility, two complementary bodies have now been registered under Bosnian law
  • Education in Action. The legal “founder” of the United World College in Mostar, responsible for its financial well-being and the wider aims of the original Initiative
  • The Board of the United World College in Mostar. This Board governs the College, appoints the College Head and is responsible for College operations. The Board is direct accountability to the United World Colleges International for adherence to UWC criteria and practices including participation in UWC meetings
Endowment
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With the completion of the “pilot” period for which the initial financing of the College was secured, the Foundation of the College is seeking to secure the long term financing of the College through the Endowment Appeal. Completion of a successful fundraising of an endowment of €30M will secure the long-term financing of the College.
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With the completion of the “pilot” period for which the initial financing of the College was secured, the Foundation of the College is seeking to secure the long-term financing of the College through raising an Endowment of €30M
  • The Endowment will fund scholarships for 150 students, with each Endowment scholarship costing €200K
The Endowment will have the objective of securing permanent funding for the College through the creation of a permanent capital base
Ongoing running costs of the College are to be met out of the investment income
The Endowment is targeted to be raised from a mix of private and public sector donors, with a skew towards private sector support from corporations, philanthropic institutions and high net worth individuals
Initial discussions are underway with interested donors to become the anchor donors from the public and private sectors with an equal level of commitment from each
Full details of the financial plan underpinning the endowment, as well as structural and governance considerations can be found on this website and are downloadable below
The Endowment Appeal has from its inception gathered significant support, though much work remains to be done
Amongst others, scholarship endowments have been created in the name of: Aung San Suu Kyi from Burma, Nelson Mandela, Prince El Hassan bin Talal from Jordan, and former Chairman of the Federal Reserve Paul Volcker