South African NGOs are currently facing a crisis of financial sustainability. The combined result of diminishing international funding, ineffective delivery by state funding institutions, and the current economic recession, has placed many organisations in financial crisis.
What better time than now for NGOs and the institutions that support their work to be thinking together about more sustainable financial models.
The Shalamuka Foundation, established in 2006 as the funding vehicle for Penreach (an NGO skills development programme), has built an investment fund with a transaction value already exceeding R350 million. This investment vehicle will gradually reduce Penreach’s reliance on grant funding.
CAF Southern Africa invites you to this seminar to hear Gareth Armstrong and Julia Woods of RMB Corporate Finance share the story of this path-breaking financial sustainability project.
It will fascinate both NGOs and donors (corporate, private and individual) to hear how the RMB corporate finance team has facilitated the inclusion of Shalamuka in numerous BEE ownership deals and other investment options.
This project provides a best-practice model which can be replicated by innovative NGOs and social investors.
There will be the opportunity to network with colleagues over tea and refreshments from 10h00 to 10h30
Date: Wednesday, 25 November 2009
Time: 10h00 for 10h30 (until 12h00)
Seminar Fee: R200 (excl VAT)
To book your seat, please confirm your participation to:
CAF Southern Africa:
Tel: 011 726 1148
Fax: 011 726 3877
To assist us with catering arrangements, please respond by Thursday, 19 November 2009.
If you require any additional information, contact Colleen du Toit on Tel: 011 726 1148.