 |
|
|
|
|
Stellenbosch Foundation keeps you posted!
For the past 50 years the University has been distributing Matieland
free of charge to alumni to keep them posted on campus news and the
activities of fellow alumni. Many alumni are also financial supporters.
Starting with this issue, a page will be dedicated to the activities of
the Stellenbosch Foundation – the University’s division that
facilitates philanthropic donations – to report on donations received
from alumni and how these funds will be utilised.
These donations promote excellence at the University and include
bursaries, donations for community interaction projects, and various
other projects.
In this issue we take a look at the generous donation received from the PSG Group and its chairman, Mr Jannie Mouton.
For more information on the Foundation’s activities, visit the website
at www.sun.ac.za/stigting or take a look at www.matiesalumni.net for
links to make donations to the University.
|
 |
|
|
|
Photo: At the announcement of the Jannie Mouton and PSG Group Bursary
Loan Funds were (at the back) Messrs Bernardt van der Linde and Jan
Mouton from the PSG Group; Ms Annamia van den Heever, Director of the
Stellenbosch Foundation; Mr Gareth Cornelissen, Coordinator: Corporate
Fundraising, and Mr Sidney van Heerden, Coordinator: Donations
(Individuals) of the Stellenbosch Foundation. In front are Prof Walter
Claassen (Vice-rector: Research; Mr Chris Otto, Managing Director of
the PSG Group; Mr Jannie Mouton, Chairman of the PSG Group and Prof
Russel Botman, Rector and Vice-chancellor. (Photo: Hennie Rudman (SSFD))
New Bursary Loan Funds: First Maties to benefit in 2008
The most substantial donation to Stellenbosch University with a view to
establishing bursary loan funds – worth approximately R6 million – was
recently announced. The Jannie Mouton and PSG Group Bursary Loan Funds
will be established following a donation from the PSG Group and Mr
Jannie Mouton (in his personal capacity) of 100 000 PSG shares each to
the University.
The first group of Maties can benefit from these generous donations in 2008.
By the end of the year the return on these donations will already be
R200 000, which will be used as study aid in the form of loans or
bursaries for needy and/or gifted students.
According to Mr Mouton the promotion of education and training is of
the utmost importance to address many of the social challenges in South
Africa.
“The PSG Group and I specifically chose Stellenbosch University as the
recipient of these donations as we trust in the will and abilities of
the new rector, Prof Russel Botman, to take Stellenbosch University to
new heights. We will continue to give the University our full support."
Mr Mouton also encouraged other corporate citizens to support SU with
similar initiatives. “Donations in the form of bursaries is a
responsible way of investing in the students’ future," he said.
Donations like these by Mr Mouton and the PSG Group are also an
investment in the future of the country. According to Mr Sidney van
Heerden, Coordinator: Donations (Individuals) at the Stellenbosch
Foundation and facilitator of this particular donation to the
University, donations in the form of bursaries contribute to the
prosperity of all population groups in South Africa. “There are many
students with the intellectual capacity to make a significant
contribution to the country, but given South Africa’s history not
everyone has the same financial means. Through donations in the form of
bursaries the University can make a large-scale investment in the lives
of these students.
Says Mr Arrie Hanekom, Head: Bursaries and Loans at Stellenbosch
University: “The specific bursary loan funds have an added incentive
for bursars since the PSG Group has also undertaken to employ some of
the bursars at the company’s discretion. This means they won’t need to
repay the loans."
According to Mr Hanekom, the University needs several donations of this
nature if it wants to reach its objectives of supporting previously
disadvantaged students. “We currently need around R44 million per year.
The government contributes R12 million per year via the National
Student Financial Aid Scheme of South Africa (NSFAS), and the
University itself provides R12 million. We still need many more
bursaries to make up the deficit.
“But despite the existing shortage," he added, “it is one of the
highlights of my job to break the news to a deserving student that a
bursary donation has just come in!"
Businesses can improve their Black Economic Empowerment status by
donating bursaries or stipends for black South Africans. A full bursary
at the University (which includes class fees, accommodation, books,
etc.) amounts to about R50 000 per year.
|
|
|
|
 |
