The foundation’s strategy has been to be an active and effective social investor and collaborator that is
committed to contributing to the social and economic development of Namibia. This is achieved by working in
a number of focus areas such as skills and capacity development, education and financial literacy, community and health development, arts and culture, sports development, environmental guardianship and primary health care. Over time the foundation aims to align its social investing activities with core business to provide further scale and impact.
| N$ |
FY 2012 |
FY 2013 |
FY 2014 |
FY 2015 |
FY 2016 |
FY 2017 |
FY 2018 |
FY 2019 |
FY 2020 |
Total |
| Skills and capacity development
|
1 155 198 |
1 397 513 |
3 039 260 |
2 841 538 |
2 296 859 |
2 317 600 |
2 420 951 |
2 202 580 |
1 160 000 |
17 676 301 |
| Education and financial literacy
|
1 343 634 |
2 053 968 |
1 512 966 |
2 564 766 |
2 003 568 |
2 521 903 |
2 314 503 |
2 278 834 |
1 680 959 |
16 931 467 |
| Community and health development
|
150 266 |
675 868 |
893 670 |
2 072 709 |
2 271 778 |
2 318 968 |
2 369 500 |
2 701 917 |
1 780 575 |
15 084 985 |
| Arts and culture
|
708 510 |
172 275 |
1 272 350 |
1 104 500 |
1 095 500 |
847 824 |
893 492 |
1 025 635 |
355 000 |
6 766 576 |
| Sports development
|
|
|
|
2 479 446 |
1 050 998 |
1 005 064 |
1 096 200 |
680 155 |
425 987 |
6 741 850 |
| Environmental guardianship
|
|
|
|
|
1 614 294 |
2 391 389 |
2 788 086 |
1 447 953 |
1 249 500 |
9 491 222 |
| Primary health care
|
63 650 |
238 721 |
160 000 |
- |
- |
- |
- |
- |
- |
|
| |
|
|
|
|
|
|
|
|
|
|
| TOTAL SPEND
|
3 421 258 |
4 538 345 |
6 878 246 |
11 062 959 |
10 332 997 |
11 402 748 |
11 882 732 |
10 337 074 |
6 924 406 |
73 091 122 |
The foundation also seeks to align with national initiatives, such as Namibia’s Vision 2030 and
the Namibia Millennium Development Goals, to understand how its investments will support these national agendas.
All disbursement decisions are made by the board of trustees, which comprises two sponsor trustees from FirstRand Namibia,
and three independent trustees.
The foundation’s focus areas are explained below:
1
Education and financial literacy
Programmes to improve management and other skills in education – from early childhood development to tertiary – in support of Vision 2030 and,
to a lesser extent, support to individual schools and tertiary facilities, according to need and capability.
Any programmes that advance consumer knowledge, access to finance and financial literacy.
2
Community and health development
Programmes that strengthen communities by prioritising their needs and perspectives in the development of social and economic advancement.
3
Skills and capacity development
Programmes that enhance small and medium-sized enterprise management skills, promote entrepreneurship,
raise awareness of good corporate governance and facilitate training and skills transfer to marginalised and developing communities.
4
Environmental guardianship
Any programmes with regional or national focus that uplift and empower communities and protect the environment.
5
Arts and culture development
Not sponsorship, but initiatives that not only preserve local artistic heritage while giving Namibians access,
but which also support and encourage growth of current artistic developments in Namibia.
Not sponsorship, but development to enable achievement through skills sharing and talent enhancement.
