Epoch and Optima Trusts
The Epoch and Optima Trusts are independent trusts founded by the Anglo American Group to disburse funds for the furtherance of excellence in maths education. The goal of the Trusts is to have more learners matriculating with maths skills to access tertiary institutions. The Trusts recently completed a strategy review and have formulated a five-year plan (2015-2019).
Absa Bank Limited (Absa Bank) is a wholly owned subsidiary of Barclays Africa Group Limited, which is listed on the Johannesburg Stock Exchange and is one of Africa’s largest financial services groups. Absa offers a range of retail, business, corporate and investment banking and wealth management products and services.
The De Beers Fund has made a strategic decision to initiate and support development projects and programmes in its areas of mining operation.
While the Fund is proud of this, it continues to recognise the importance of other best practice projects and national initiatives. Approximately 30% of funding is spent on these projects.
Arrowhead Charitable Trust
The Arrowhead Charitable Trust will consider supporting initiatives that improve access to a diverse range of facilities including educational, health, recreational, retail services and transport. It will also support initiatives that improve the quality of public spaces in inner city, urban and per-urban residential environments, townships and high-density living areas.
In line with Discovery’s core purpose, which is to make people healthier and to enhance and protect their lives, the vision of the Discovery Fund is to improve individuals’ quality of life through the provision of primary healthcare services in indigent communities that do not have access to mainstream healthcare.
UTi Empowerment Trust
The UTi Empowerment Trust is an independent trust established by UTi in 2004. It provides quality education to black South Africans, enabling them to fulfil their dreams through tertiary education. Through the everyday efforts of UTi employees, the UET receives funding from dividends paid on profits generated by UTi South Africa.
CIDA Empowerment Trust
The CIDA Empowerment Trust (CET) is an organisation dedicated to innovative approaches to investing in deserving young people through tertiary education opportunities and bursaries. Due to South Africa’s dire need for creative and well-trained teachers, the CIDA Empowerment Trust will focus primarily on applications for teaching degrees and teaching certificates as of 2017.
1st for Women Foundation
The 1st for Women Foundation was established in 2005 with one objective: to uplift and empower the women of South Africa. To date, the Foundation has donated over R40 million to a number of women-related civil society organisations that focus on two main causes: gender-based violence and cervical cancer. Thanks to our customers who donate a portion of their monthly insurance premium to the Foundation, we have made a tangible and sustainable difference to the lives of thousands of South African women. This difference is testament to the collective power of women.
First National Bank Fund
In line with the vision of being a great business helping to create a better world, First National Bank (FNB) views its role within the country as going way beyond that of a major player in the business environment. A big focus for many years has been on adopting initiatives that will make South Africa a better place for all – this is the work of the FNB Fund.
Vestas Empowerment Trust
The strategy of the Vestas Empowerment Trust is concentrated on improving primary school education outcomes in the Grahamstown area in the Eastern Cape. The Trust is committed to supporting socio-economic development initiatives that are directed towards the alleviation of poverty and the development of communities in this area.