Governance is rigorous. We report comprehensively and regularly to stakeholders and donors. We are a registered Trust under Trust Property Control Act, 1988 (Act 57 of 1988) and a registered PBO. Our seven board members draw on experience from a wide range of industries. Our financial year-end is 28 February.

Money on a mission

As a registered Trust, we must ensure funds are used effectively and according to our mission. Therefore, funding may only be accepted if a course of study falls within our mandate.

A bursary is valid for the course of study, but in certain circumstances, our trustees can withhold payments to institutions and even terminate the bursary.

For example, a bursary is terminated if a student abandons the course of study within six months of enrolment or fails a level. Funding will continue until the selected course of study is completed as an undergraduate degree without failing a level. Should a student receive financial aid or a bursary from another source, the Trust will terminate the bursary.