Uncategorized R11m Donation to Education

R11m Donation to Education

Inyathelo secures R11 million grant to boost education institutions’ capacity.

GOOD NEWS: Kresge Foundation and Inyathelo leaders celebrate the US$857 734 million (about R11,1 million) grant: SA Good News.

In an effort to help eliminate economic inequality through improved education, The Kresge Foundation has awarded a grant of US$857 734 (about R11,1 million) to Inyathelo, the South African Institute for Advancement, for the Kresge-Inyathelo Advancement Initiative (KIAI).

The Kresge Foundation is a US philanthropic private foundation that has funded Inyathelo to build South African advancement capacity since 2005.

Jessica Rees-Jones, Executive Director of Inyathelo, says, “We’re thrilled to accept this grant as it could not come at a more appropriate time, with unprecedented pressures on education. We cherish our long and meaningful history with the Kresge Foundation and this grant reaffirms their confidence in us.

“Smart collaborations have always been our approach and will continue to be the bedrock of success as we take bold steps into the future.”

The grant comes from Kresge’s Education Program, which aims to help increase US and South African post-secondary education attainment to advance social mobility, address economic inequality and strengthen urban communities.

Ms Rees-Jones explains that the grant aims to achieve this by strengthening the private giving and fundraising capacity of South African universities so that they can better serve the country and their students. To this end, the programme has three key goals:

  • To develop and expand the pool of institutional advancement professionals in South Africa;
  • To strengthen and support efforts to increase the fundraising capacity of selected institutions and to develop local institutional advancement models for others to emulate; and
  • To build philanthropy, and particularly individual giving, in South Africa.

For the full article: SA Good News.