Join us as we discuss the long-term sustainability of charitable trusts and foundations after Covid-19.
Covid-19 had a massive impact on the already volatile South African markets, eroding value widely. Given that many foundations depend on investments (their own or those of their donors) and especially dividends to bolster their capital bases, the funds available for distribution may be highly constrained for some years to come.
At this webinar we connect you to industry specialists who share their expertise on how to overcome these challenges and remain sustainable as a foundation.
What are the investment decisions that the trustees of charitable trusts and foundations need to consider?
Investing in financial markets is a proven model for ensuring the sustainability of philanthropic foundations, offering the best potential for capital growth over time, thereby enabling philanthropic trusts to do more, for longer, as their well-managed investment portfolios grow.
However, growth assets are volatile in the short term, making it important for trustees to connect even more with their investment managers in a downturn, to stick to the agreed investment plan, and to exercise patience, avoiding knee-jerk reactions to short-term discomforts.
Roshini Maharaj, Portfolio Manager at Nedbank Private Wealth, will highlight the importance of sticking to basic principles of investing in an economic downturn as markets always recover in the long term.
A panel discussion with the Chairperson of the Cape Wine Auction Trust and the CEO of the National Sea Rescue Institute of South Africa (NSRI) will follow.
Raymond Ndlovu of the Cape Wine Auction Trust, which supports education in the South African Winelands, will share how the trustees are navigating balancing the current commitments to beneficiaries with the trust’s own long-term sustainability.
Dr Cleeve Robertson of the NSRI will share how the non-profit organisation is weathering the storm of Covid-19 and how they are adapting their resource mobilisation efforts to the forecasted low-funding environment.
The webinar will be facilitated by Nozipho Tshabalala, a highly acclaimed conversation strategist who is well known for moderating global conversations for a better world. She is in demand for her unique and insightful ability to facilitate difficult conversations with courage, depth and breadth.
To register and receive the link to the webinar, please RSVP by clicking on the link below.
||Monday, 9 November 2020
||11h00 – 12h00
We look forward to you joining us.
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