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INVESTING IN THE
NEXT GENERATION

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SPW Contributors

Sanlam Private Wealth

‘The best way to improve lives is to improve public education.’ In keeping with these words by American business magnate and philanthropist Bill Gates, Sanlam Private Wealth has joined forces with Rondebosch Boys’ High School and renowned ceramicist Andile Dyalvane to assist a promising young learner from a disadvantaged background to attend the school for the next three years.

There is little that creates greater generational change than the opportunity of a good education. At Sanlam Private Wealth, we believe that as a business, we can help to bring about this change, and secure the future of our country by providing the next generation of young leaders with an excellent foundation.

It’s for this reason that we’re supporting the Altius et Latius Trust of Rondebosch Boys’ High School, which aims to provide bursaries for 50 learners from disadvantaged backgrounds to attend the school. The Trust also has partnerships in this regard with other schools – Rustenburg Girls’ High School and Vista Nova School for learners with disabilities.

‘The young learner we’re sponsoring is currently finishing Grade 9, and we’re looking forward to seeing him reach his full potential over the next three years. We’re proud to be able to make a difference in the life of this promising young man by providing him with a quality education he may not have otherwise been able to obtain,’ says Gavin Baguley, portfolio manager at Sanlam Private Wealth and himself an alumnus of Rondebosch Boys’ High School.

Master ceramicist Andile Dyalvane, with whom we have collaborated in various projects over the past two years, will mentor the learner, who has a strong aptitude for art, over the course of his school career. For Andile, helping the next generation ties in with his ethos of camagu, or gratitude – a signature line that runs through all his projects.

‘My success is because of those who came before me – they paved the way for us to be able to continue where they left off. In the same way, it is a privilege for me to now pay it forward to the next generation, giving those who come after us a hand up,’ he says.

HOW CAN YOU HELP?

If you own a business and would like to support the Altius et Latius Trust, you can arrange for funds to be allocated to support deserving students. You can contribute in three ways:

  • Tax-deductible donation
  • Allocation of part of your socio-economic development spend
  • Allocation of part of your skills development expenditure.

How it works: Your business allocates funds to the Trust, which distributes the funds to support previously disadvantaged learners to attend one of the three schools. The Trust provides the documentation to meet your B-BBEE requirements, which can be vetted and confirmed by your verification professional prior to making any commitment. In short, investing in these bursaries meets the criteria for B-BBEE points. Since the Trust is a registered Public Benefit Organisation, any monies paid are tax deductible and a Section 18A certificate will be provided.

You can support specific areas of interest (sport, cultural or academic) and will receive feedback on the overall programme and the progress of learners you support.

To find out more, you can watch a short video clip here.

In the words of former President Nelson Mandela: ‘Education is the most powerful weapon which you can use to change the world.’ If you’d like to make a difference, please contact Gavin Baguley at gavinba@privatewealth.sanlam.co.za or +27 (0)21 672 1880.

We provide daily reporting of trades, monthly portfolio evaluations and annual tax reports to clients.

Riaan Gerber has spent 13 years in Investment Management.

Riaan Gerber

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