Community Trust Benchmarking Report 2022

This benchmark report and related studies and reports are made available by Tshikululu Social Investments
(Tshikululu) on the express understanding that it will be used solely for information purposes. The material
contained in this report should not be construed as relating to accounting, legal, regulatory, tax, research or
investment advice and it is not intended to take into account any specific or general investment objectives.
The material contained in our benchmarks, studies and reports does not constitute a recommendation to take
any action or to deal with anything or anyone identified or contemplated in the benchmark. Before acting on
anything contained in this material, you should consider whether it is suitable to your particular circumstances
and, if necessary, seek professional advice.