SHAPINGFUTURES

How South African companies can create employable graduates.

WHAT WE DO:

The Shaping Futures Foundation undertakes to address the challenge of tertiary education funding in South Africa:

• match corporate skills development contributions to deserving students

• ensure this spend is allocated efficiently and in accordance with the country’s demographic profile

• assist companies to maximise their BEE obligations

• liaise with tertiary institutions.

What Companies Can Do

• Corporate donors can play a meaningful part in improving the lives of all South Africans.

• Donations to the Shaping Futures Foundation qualify as skills development expenditure.

• Any spend that the corporate has already incurred is taken into account.

• An 18(A) certificate can ensure tax efficiency.

• Supporting a graduate could lead to hiring opportunities for the donor companies which will further enhance their demographic profile and improve their employment equity score.

The Shaping Futures Foundation is a non-profit organisation that has been matching donors with students with ability but limited funds since 2017.

TERTIARY EDUCATION IN SOUTH AFRICA IS EXPERIENCING A FUNDING CRISIS.

Despite having the academic ability to pass, many students can’t afford the fees and so they are denied graduation. Many of these students are the first in their families to attend universities. With government battling to narrow this funding shortfall, it is a national imperative for these students to graduate and join the workforce. Corporates can assist in narrowing this divide and at the same time gain recognition on their BEE scorecard. The ability for the graduating student to find meaningful employment improves not just their life but potentially those of their family as well.

LEARN MORE AT: www.shapingfutures.org.za

SEND AN EMAIL TO: chloe@shapingfutures.org.za

Revised BEE Codes focus heavily on the human resource elements within the scorecard and have made skills development a priority element.

As a priority element, large companies that fail to achieve at least 40% of the skills development points on offer will automatically be downgraded a level. Qualifying small enterprises (QSE) will also benefit by contributing to skills development.

DONATING TO THE SHAPING FUTURES FOUNDATION IS A WAY OF SHAPING MANY FUTURES:

• Individual South African students

• South African families

• Your company.

The Shaping Futures Foundation also currently administers a school feeding scheme providing daily meals to 2 800 underprivileged learners.