SA universities raise more than R1.5 billion in donations – The Citizen

South African universities have raised greater than a billion rands in philanthropic assist, in line with the latest Annual Survey of Philanthropy in Higher Education (ASPIHE).

The survey, performed in 2019 and based mostly on information from the 2018 calendar yr, indicated that 11 universities raised a powerful R1.61 billion in 2018, which will increase to a complete of R1.91 billion when earnings from Sector Training and Coaching Authorities (Setas) was added.

Out of the 26 universities in South Africa – the 11 that took half have been the Cape Peninsula College of Know-how (CPUT); College of Cape City (UCT); Durban College of Know-how (DUT); College of the Free State (UFS); College of Johannesburg (UJ); College of KwaZulu-Natal (UKZN); College of Pretoria (UP); College of Stellenbosch (SU); Tshwane College of Know-how (TUT); College of the Western Cape (UWC); and the College of the Witwatersrand (Wits).

“A complete of 10,945 donors made philanthropic contributions to the 11 establishments, in contrast with 4355 donors in 2013 when the pattern was 10 establishments,” lead researcher at ASPIHE, Sean Jones, stated.

Jones additional stated there was a rise of 1588 donors within the newest outcomes in comparison with the earlier years, and between 2017 and 2018. Jones stated the most important proportion of philanthropic earnings got here from trusts and foundations which contributed 48%.

ALSO READ: What do you do if your child does not want to go to university next year?

Corporates contributed 30% of philanthropic earnings in 2018, in comparison with 14% in 2013, whereas particular person donors (together with bequestors) elevated funding from 4% in 2013 to eight% in 2018.

“Collectively, figures counsel that rising numbers of South African people and organisations are giving considerably extra funding to HEIs [higher education institutions] than six years in the past. South African donors accounted for 92 % of all donors within the pattern in contrast with 87% in 2013.”

Jones stated non-traditional universities have been usually extra profitable at attracting Seta funding.

Inyathelo govt director, Nazeema Mohamed, stated the sector was now going through the problem of reaching out to the 15 different universities that weren’t a part of the annual survey of philanthropy, to enlist their participation.

“By means of USAf [Universities South Africa], Inyathelo will probably be tasked with offering development coaching through the Larger Training Management Administration Programme [HELM].”

ALSO READ: Is the traditional University degree dead?

Mohamed stated that they had additionally been requested by the Division of Larger Training and Coaching to take part within the Traditionally Deprived Establishments (HDIs) Capability Growth Programme.

“We’ve been tasked with drafting an idea doc on third stream earnings which is able to embrace know-how switch and entrepreneurship in universities.

“The goal is to work in the direction of the inclusion of all 26 universities within the ASPIHE publication,” she stated.

Compiled by Marizka Coetzer

For extra information your manner, obtain The Citizen’s app for iOS and Android.

Source link


Leave a Reply

Your email address will not be published. Required fields are marked *

News Feed