["9 Reviewers and interviewers for the \u00c4\u00e4nit Prize: Round One reviewers: workshop contributors Wanjiku Kimani (Kenya & SU, 2016) Chris Nkwatsibwe (Uganda & UCT, 2017) 6 Interview panel: governance Dr Patrick (Nigeria & TUT, 2012) Workshop Contributors Thank you to workshop speakers, panelists and participants. Chido Dzinotyiwei (Zimbabwe & UCT, 2018) Nosipho Gumede (South Africa & WITS, 2019) Pie-Pacifique Kabalira-Uwase (Rwanda & UKZN, 2006) Linet Kimathi (Kenya & UP, 2018) Kagiso Nko (South Africa & UJ, 2017) Jill Samukimba (Zambia & UCT, 2018) Shorok Sebaa (Egypt & UCT, 2018) Emma Whitelaw (South Africa & UCT, 2017) Governance Thank you to alumni who contributed their skills and experience to our governance committees. Investment Committee Mr Jacques Conradie (South Africa & SU, 2005) Dr Osmond Mlonyeni (South Africa & UP, 2009) Finance, Audit and Risk Committee Mr Nkazi Sokhulu (South Africa & UCT, 2006) Ms Thobela Mfeti (South Africa & UCT, 2012) Selections Committees Pie-Pacifique Kabalira-Uwase (Rwanda & UKZN, 2006) Rachel Nyaradzo Adams (Zimbabwe & UCT, 2006) Dr Osmond Mlonyeni (South Africa & UP, 2009) ALUMNI AFFAIRS 45","WHERE ARE THEY NOW? After the completion of their years in Erick Arwa residence as scholars, our alumni move (Kenya & UCT, 2019) on to lead in various capacities. Here are some updates on alumni who are doing Erick is the founder of Multi Forests Ltd, interesting and impactful things. a commercial forestry company, where he has overseen the planting of over 15,000 trees, the establishment of horticultural units and the start-up of a small hotel in Kenya. Erick has mentored and taught in over 80 Kenyan high schools under The Smart Science Mentors, a mentoring club that he founded to empower students from under-resourced schools. He has consulted for Litemore Ltd, an education IT company, where he helped design policy instruments for The Family Bank Foundation. Erick holds a master's in engineering and his research interests are in rural electrification through solar powered microgrids. He envisions a continent where every household can power their homes and pump water to irrigate their farms to ensure food security in Africa. 46 W H E R E A R E T H E Y N O W ?","Leticia Taimo Nosipho Mngomezulu (Mozambique & UCT, 2013) (South Africa & RU, 2011) Leticia is an international development Nosipho is a lecturer at the University of professional with more than eight years the Witwatersrand in Johannesburg. She experience. Her specialisation lies in completed a PhD in Social Anthropology monitoring evaluation and learning from the university currently known as (MEL). She has been involved in social Rhodes University, in 2014. Her PhD development projects with a variety research focused on young people\u2019s of stakeholders (private sector, NGOs, constructions of nationhood in Mauritius government) in areas including education during the first Truth and Justice and health. Commission, to focus on slavery and indentured labour. Nosipho\u2019s work Leticia has a knowledge base of African examined youth identification practices politics, economics; and experience on and offline, intergenerational in research, policy analysis and report conceptions and experiences of trauma, writing for academia and international national identity and transnationalism. development organisations in Africa. This Mauritian case study contributes She is interested in policy analysis in the to furthering understandings of similar international development sector, and nation-building projects and processes particularly in political economy issues in other post-colonial societies. related to education, poverty reduction, inclusive growth, inequality and social She has taught \u201cCommunity Engaged protection to ensure secure livelihoods. Learning\u201d at the university currently Her field of interest expands to the work known as Rhodes University, in of international organisations and think Grahamstown; \u201cCommunication for tanks that work with advocacy and policy Social Change\u201d at MICA (Ahmedabad, formulation. India); \u201cIntroduction to Critical Race Theory\u201d at the Stanford Bing Overseas Studies Programme in Cape Town, and Social Anthropology at the University of Cape Town. ALUMNI AFFAIRS 47","48 W H E R E A R E T H E Y N O W ?","WHERE ARE THEY NOW? 13 YEARS ON Up until that point, what DRIVING A GREEN AGENDA I was doing was almost WITHIN BIG BUSINESS: without a bigger context. YANNICK KALA KONGA Looking at it now, it's the ambition of The Mandela By Makomborero Muzenda (Zimbabwe & Rhodes University, 2018) Rhodes Foundation platform that gave me Throughout his time as a Scholar-in-Residence wings to say \u2018Hey, I can and after he graduated, Yannick (Congo DRC actually do this.\u2019 When & Tshwane University of Technology, 2010) has you go back to the words wanted people to see the world in a new way. of \u2018Aspire to Be\u2019, it\u2019s a very As one of the first students from the Democratic powerful thing to say, \u2018I Republic of Congo, he wanted to show his fellow aspire to be a Mandela scholars \u2013 who largely hailed from Anglophone countries \u2013 a different perspective on the topics Rhodes Scholar\u2019. they covered in workshops. For topics such as reconciliation, Yannick chose to relate it to Yannick Kala Konga his childhood. \u201cI lived through war; I spoke (Congo DRC & TUT, 2010) about it through the eyes of a child. It was very important [for me] to bring that experience. Half the room was in tears. I spoke to ensure that we look at experiences that are beyond South Africa,\u201d he explains. Over and above getting to meet Mandela in person (a moment that left the usually chatty Yannick speechless), the dialogues and interactions with other scholars and guest speakers were a turning point for him. The diversity of views, mutual respect and encouragement within the 29-strong cohort gave Yannick the self-belief and grounding necessary to move into the working world after finishing his master\u2019s. He could have joined a conventional engineering firm but something else was calling him. It started with one of the Foundation\u2019s pillars. As Yannick puts it: \u201cI always say, an engineer transforms the world and I wanted to have an impact. Business has a huge impact, and civil society and government are affected by it. I wanted to be part of the business element.\u201d His first job after graduating was at Huawei South Africa as a radio planning and optimisation ALUMNI AFFAIRS 49","engineer. Yannick moved to Unilever in June as profitability and pressure from stakeholders 2012, where he would stay until 2016. His first can make that difficult. Still, Yannick remains position at the multinational company was hopeful and motivated. He drives PepsiCo\u2019s as a specialised engineer, working on supply strategic end-to-end transformation which is chains. From those early beginnings at Huawei, aiming to achieve net zero water consumption to Unilever and Tiger Brands, and now currently by 2030 and net zero emissions by 2040. Part of at PepsiCo, Yannick\u2019s work has fulfilled his three this transformation involves overseeing a first- biggest wishes: to make a lasting impact in his of-its-kind R120 million investment into a biogas work; to be a positive influence in the world plant that would recycle waste from factories of business; and to work within Africa. As into electricity and organic fertiliser. Engineering Director for Africa, the Middle East and South Asia for PepsiCo, Yannick manages Yannick\u2019s time in residence was transformative, capital expenditure in those regions. He also and a key component of that process was has to ensure that facility design complies learning about leadership. \u201cUp until that point, with global trends and strategies. It requires what I was doing was almost without a bigger a strong background in engineering, but also context. Looking at it now, it's the ambition of interpersonal skills, innovative thinking and The Mandela Rhodes Foundation platform that foresight. Combining his qualifications and gave me wings to say \u2018Hey, I can actually do this.\u2019 skills with his experience as a Mandela Rhodes When you go back to the words of \u2018Aspire to Be\u2019, Scholar is an important part of Yannick\u2019s it\u2019s a very powerful thing to say, \u2018I aspire to be a philosophy when it comes to his work. Mandela Rhodes Scholar'\\\". Businesses don\u2019t exist in a vacuum: the Yannick aspires to be a good leader and leave practices and processes of both large a positive impact and legacy. Good leadership companies and small start-ups impact is what elevates a team, a company a country, society as a whole. For that impact to be and a continent. On the other hand, the positive, having the right people in the right consequences of bad leadership are stagnation positions and making the right decisions at best and regression at worst. Yannick is is key. intentional about the impact he wants to have: \u201cI have an opportunity to transform some of Yannick wants to make an impact in climate the businesses that I'm responsible for from change. He believes that the business world an engineering perspective. For me, good has a fundamental part to play in restoring and leadership would look like, after X number of preserving the health of the planet. Climate years of being responsible for specific areas of action requires significant investment and business, how has that been transformed for commitment without an immediate payoff \u2013 a the better? How has [the business] left that part tall order in a sector that tends to prioritise quick of the continent in terms of a better-quality results. Both short and long-term planning is end product? How are you impacting people necessary for climate action, but factors such or areas that you are responsible for?\u201d 50 W H E R E A R E T H E Y N O W ?","WHERE ARE THEY NOW? 13 YEARS ON Yannick is less hopeful about the culture and Still, he wants his peers to do more, especially standard of leadership in Africa. A poor culture when it comes to the future of the continent: \u201cI of leadership (especially political leadership) think we need to find ways to be at the forefront underpins a myriad of problems including of the conversation and shape the conversation regression in education standards, growing in the next decade. We have a responsibility as inequality and a weakening of institutions. The scholars.\u201d silver lining is that although Africa isn\u2019t a country, there are issues that cut across geographic Thirteen years after his time in residence, borders that require collective efforts to address. Yannick looks forward to the future of the Yannick saw it in his cohort and in interactions Foundation. He hopes to see scholars being with scholars from other years. For him, The titans of industry, presidents, thought leaders Mandela Rhodes Foundation provides a space and drivers of positive change. Ultimately, to nurture leaders across different sectors and Yannick wants as many young Africans as countries. Having a large body of scholars can possible to be afforded the same transformative magnify its reach and impact. experience that he was. For him, investing in African leadership is the best way to ensure \u201cLeadership allows one to essentially multiply peace, development and unity for present and themselves. What the work of Madiba has future generations. tried to do specifically goes beyond the shores of South Africa; he has become the symbol of exceptional leadership, the gold standard of what a leader should be. And it\u2019s applicable across the continent: to this day he stands out as a standard of leadership because of the accountability he brought,\u201d says Yannick. ALUMNI AFFAIRS 51","GOVERNANCE","","GOVERNANCE STRUCTURES A DIVERSITY OF PERSPECTIVES TO CHART OUR FUTURE The Mandela Rhodes Foundation is powered by people who are deeply invested in seeing Mr Mandela\u2019s vision for the transformation of Africa realised. We are governed by an independent board of high-profile trustees, who give their time on a voluntary basis. We are run by a small and very committed staff team. The Foundation\u2019s staff and trustees come from a range of generations, disciplines, nationalities and backgrounds, and our strength is in how we bring our diversity to bear on our common purpose. Our governance structures include four additional committees that meet quarterly and are made up of independent outsiders, trustees, scholars and management. Each year the Mandela Rhodes Scholars are selected by three selection committees, which are also constituted of a mixture of staff, independent volunteers and trustees of the MRF. BOARD OF TRUSTEES Professor Njabulo S. Ndebele (Chair) Ms Janet Kabiru Dr Elizabeth Kiss Mr John McCall MacBain Dr Phumzile Mlambo-Ngcuka Dr Osmond Mlonyeni Justice Yvonne Mokgoro Justice Catherine O\u2019Regan GOVERNANCE COMMITTEES Executive Committee Professor Njabulo S. Ndebele (Chair) Dr Elizabeth Kiss Justice Yvonne Mokgoro Finance, Audit & Risk Committee Mr Mustaq Brey (Chair) Ms Janet Kabiru Ms Thobela Mfeti Mr Nkazi Sokhulu Investment Committee Mr Tim Cumming (Chair) Mr Jacques Conradie Ms Muitheri Wahome Ms Judy Sikuza Dr Osmond Mlonyeni 54 G O V E R N A N C E S T R U C T U R E S","When you handle hopes and dreams it is best to do so with compassion and a mindset to affirm. I found this to be a principle that guides the spirit of the MRF interview process. The interview asks the candidate to dig deep, yet without fail the quality of interviewees leaves one energised and assured that the Africa we yearn for is under construction. Dr Osmond Mlonyeni, Selector and Trustee Remuneration Committee Dr Elizabeth Kiss (Chair) Mr Mustaq Brey Professor Njabulo S. Ndebele SELECTION COMMITTEES FOR THE CLASS OF 2022 Committee 1 Professor Njabulo S. Ndebele (Chair) Ms Coralie Anyetei Ms Rachel Nyaradzo-Adams Committee 2 Ms Judy Sikuza (Chair) Ms Coralie Anyetei Dr Osmond Mlonyeni Mr Kenechukwu Ikebuaku Committee 3 Ms Judy Sikuza (Chair) Ms Coralie Anyetei Ms Margie Keeton Mr Sello Hatang 55G O V E R N A N C E","Participating in the Board of The Mandela Rhodes Foundation has been exhilarating. We have witnessed a journey of students from different backgrounds who have become leaders worthy of being called ambassadors of Madiba\u2019s legacy. The care shown to every student has taught me about the dreams and trials of young people and their unique world view. This made them role models for me and I am proud to look up to them. Dr Phumzile Mlambo-Ngcuka, Trustee 56 O U R S T A F F","OUR STAFF Ms Judy Sikuza Ms Coralie Anyetei Ms Julia Brown Ms Gigi Edross-Jeppie CEO Programme HR & Executive Executive Assistant & Manager Operations Manager Assistant Mr Ernst Gerber Mr Joseph Maisels Ms Abigail McDougall-Fisher Operations Alumni Relations Communications & Director Officer Alumni Relations Manager Ms Zaiboonisha Naidu Ms Lunathi Ngwane Ms Shivon Philand Ms Ayanda Radebe Operations Programme Accountant & Communications Officer Officer Officer Building Manager Biographies of our Trustees and staff are available at www.mandelarhodes.org. 57G O V E R N A N C E","FINANCIAL HIGHLIGHTS FOR THE YEAR ENDED 31 DECEMBER 2022 Statement of financial position Notes 2022 2021 2020 Investments 3 R R R Increase\/ (Decrease) 866 715 316 893 431 264 731 263 587 (3%) 22% Income statement 108 726 693 16 110 060 1 947 547 Revenue 2 886 558 5 014 044 22 072 424 Investment income (31 869 035) (34 623 201) Other operating expenses (37 567 285) Increase\/ (Decrease) 18% (8%) (10 615 920) Surplus\/ (Deficit) for the year (10 748 632) Increase\/ (Decrease) 74 032 944 789% (1%) Other comprehensive income 8 046 399 142 331 464 70 707 801 Changes in the fair value of investments (94%) 101% Increase\/ (Decrease) 58 F I N A N C I A L H I G H L I G H T S","NOTES TO THE FINANCIAL HIGHLIGHTS FOR THE YEAR ENDED 31 DECEMBER 2022 1.\t Nature of business The Mandela Rhodes Foundation Trust was formalised on 9 June 2003 as a joint initiative between The Late Nelson Rolihlahla Mandela and the Rhodes Trustees (hereinafter jointly referred to as \u2018the Founders\u2019). The Rhodes Trust pledged a benefaction over time of Ten Million Pounds Sterling (\u00a310 000 000.00) for the purposes envisaged by the Trust Deed. The central purpose of the Foundation is to build exceptional leadership in Africa. This objective is advanced through the implementation of programmes, the flagship programme being the Mandela Rhodes Scholarships, which became operational in 2005. Details of the programme are to be found in the Foundation\u2019s annual yearbooks and on the website www.mandelarhodes.org. The Board of Trustees reviews strategy and implementation annually. 2.\t Financial highlights This financial highlights report has been prepared by the trustees of the Trust. It contains only extracts of the information contained in the annual financial statements, The Mandela Rhodes Foundation Trust Annual Financial Statements for the year ended 31 December 2022 and does not contain full or complete details. The annual results have been audited by the Trust's auditors, PriceWaterhouseCoopers Inc. who expressed an unmodified audit opinion thereon. This opinion is available, along with the annual financial statements on the Trust's website at https:\/\/www.mandelarhodes.org\/about\/ governance-staff. 59G O V E R N A N C E","3.\t Investments 2022 2021 R R Opening balance Total additions 893 431 264 731 263 587 Total disposals 97 175 603 234 281 077 Total fair value gain (including exchange rate differences) (225 115 922) Reinvestment of dividends (152 897 606) 142 331 464 8 046 399 20 959 656 10 671 058 893 431 264 866 715 316 Equity investments at fair value through other comprehensive income (FVOCI) comprise the following individual investments: Marketable securities A) Domestic equity fund 34 648 308 49 325 B) Domestic hedge funds 230 229 977 284 781 716 C) Domestic Securities \u2013 Preference and equity shares 76 919 443 38 890 518 D) Domestic Securities \u2013 Government bonds 134 549 732 45 299 154 E) Foreign Investment equity fund 317 985 202 217 274 254 F) Foreign Investment hedge fund 72 382 654 301 123 529 Total investments 866 715 316 893 431 264 60 F I N A N C I A L H I G H L I G H T S","FINANCIAL HIGHLIGHTS Investment policy and performance The portion of the Annual Funding Reserves which is held in the Investment Portfolio is The investment of the Foundation's assets is also invested under the same mandate as the overseen by the Investment Committee on Endowment Reserves. behalf of the board. The Investment Committee meets at least four times a year. It also receives The assets in the Investment Portfolio are periodic information and advice from the invested in a suitable mix of equities, property, appointed asset consultants (AlphaWealth) as bonds and cash as well as in hedged or to the appropriate asset allocation targets and absolute-return funds. These investments exposures as well as the choice of investment are typically made via collective investment managers and funds to invest in. However vehicles managed by leading asset managers. the decisions on these matters remain the responsibility of the Investment Committee. Since inception of the Investment Portfolio\u2019s mandate (in 2009) until end-December 2022, Scholarships are funded from two sources: The the Investment Portfolio has managed to Endowment Reserves (which resulted from match the investment objective, achieving donors having contributed sufficient capital an annualised return of 9.8% compared to the to fund one or more scholarships each year investment target of 9.8% p.a. This equates to in perpetuity) and from the Annual Funding a real return of 4.5% p.a. which matches the Reserves (which holds the aggregate of smaller target of 4.5% p.a.. donations that were sufficient only to fund part or all of one or more scholarships at a time over 2022 was a difficult year in the investment a limited number of years). markets and the investment return on the portfolio was -8.4%. There had been, before The Investment Portfolio comprises the sum then, a steady trend of outperformance since of the Endowment Reserves and that portion the last year in which the portfolio had had a of the Annual Funding Reserves that are not negative return for the year (2016) but much of expected to be used in the short run. The that advance was set back in 2022. balance of the Annual Funding Reserves is held in bank deposits. Nonetheless, there has been a good positive start to the year and the Investment Committee In the case of the Endowment Reserves, the vigilantly oversees its mandate and continues investment objective for these funds is to to monitor and adjust the investment portfolio achieve a real return (i.e.: the nominal return to achieve the desired investment return into less the inflation rate) of at least 4.5% p.a. over the future. the long run within acceptable degrees of risk. This is in line with the Board\u2019s intention to maintain the Foundation\u2019s \u2018spend rate\u2019 from these Endowment Reserves (i.e.: the total expenses covered by the Endowment Reserves as a percentage of the Endowment Reserves) at or below 4.5% per year over time, thus ensuring the ability to sustainably support the Foundation\u2019s work and the scholarships funded from this source of donations in perpetuity. 61G O V E R N A N C E","DONORS AND SUPPORTERS The MRF\u2019s founding benefaction came from the partnership that Mr Nelson Mandela entered into with the Rhodes Trust in 2003. Since then, we have benefited from the extraordinary generosity of major donors who have made funds available to establish further Mandela Rhodes Scholarships. These donors share our vision of equipping the next generation of leaders who will make meaningful positive change on the African continent. ENDOWMENT DONORS These organisations and individuals have made significant donations to our endowment, covering the cost of one or more Mandela Rhodes Scholarships in perpetuity. \\\"46664 is delighted to be in a position to support the work \\\"This is a journey of a million steps and we look forward of The Mandela Rhodes Foundation in identifying and to contributing toward promoting The Mandela Rhodes nurturing the next generations of young African leaders, Foundation\u2019s principles of leadership, education, distinguished by their excellence and their ethics.\\\" entrepreneurship and reconciliation.\\\" David Cohen The Friends of the MRF (US) \\\"The Mandela Rhodes Scholarships represent the future \\\"The Friends of the Mandela Rhodes Foundation (US) I wish for Africa \u2013 education, leadership and civic society \u2013 wishes all at the Foundation and all the Mandela Rhodes together realising the potential of this great continent.\\\" Scholars every success in their continuing endeavours in this important work for Africa.\\\" \\\"Leadership is the key to Africa\u2019s future and the Mandela \\\"The aspirations of The Mandela Rhodes Foundation Rhodes Scholarships Programme plays a crucial role in and The Leverhulme Trust are in the happiest of developing the leaders of tomorrow from Africa, for Africa.\\\" resonance; the target itself remains as crucial and challenging as it ever was.\\\" \\\"We are investing in the success of future Mandela Rhodes \\\"OUP is committed to transformation and empowerment Scholars. We are partnering with the MRF to help nurture in South Africa and we believe that our innovative future leaders, especially in the fields of maths and science. partnership with The Mandela Rhodes Foundation goes This partnership speaks of our commitment to SA and our right to the heart of the spirit of transformation.\\\" drive to invest in education.\\\" 62 D O N O R S A N D S U P P O R T E R S","622 33 35 19 SCHOLARS COUNTRIES DISCIPLINES COHORTS \\\"We are guided by the principle of creating a legacy of \\\"In the end it is about creating opportunities \u2026 leaders and are committed to transformation and making a opportunities to learn, to grow, to develop, to help our positive impact. We are proud to partner with The Mandela youth to become the best they can be.\\\" Rhodes Foundation \u2013 an organisation dedicated to making a difference to the futures of our young people.\\\" Gary Lubner \\\"Creating any serious, new organisation is challenging. History teaches us that creating institutions that will \\\"It is a source of great pleasure to me that we have been endure is even more difficult \u2026 the MRF has achieved the able to bring into being, in the name of my family, an objectives in terms of Mr Mandela\u2019s and the Rhodes Trust\u2019s additional Mandela Rhodes Scholarship. I know that the ideals. More than a decade on, the future of the MRF has beneficiaries will make the most of the opportunity.\\\" never been brighter or more exciting.\\\" \\\"The McCall MacBain Foundation is very proud to support \\\"As the founding fathers of South African democracy the important role The Mandela Rhodes Foundation plays and Sibanye Stillwater, both Nelson Mandela and Cecil in offering unique opportunities for some of Africa\u2019s most John Rhodes have played a significant role in shaping the promising young leaders.\\\" leaders of this country. We are pleased to be associated with The Mandela Rhodes Foundation.\\\" \\\"The Peter Cundill Foundation Trustees believe that their \\\"Unilever South Africa believes true change comes from mission \u2013 promoting the health, education and well-being long-term investment in our country\u2019s young people. We of young people \u2013 fits very well with The Mandela Rhodes are proud to continue Unilever\u2019s legacy of supporting Foundation\u2019s central purpose of building exceptional the development of tomorrow\u2019s leaders through our leadership capacity in Africa.\\\" partnership with The Mandela Rhodes Foundation.\\\" 63G O V E R N A N C E","64 D O N O R S A N D S U P P O R T E R S","DONORS AND SUPPORTERS Our foundation is a leader GENERAL DONORS in scholarships around the These individuals and organisations have world. We have backed given generously to the programmes, projects The Mandela Rhodes and operations of The Mandela Rhodes Foundation itself. Foundation for about a decade. Why? Well, it is \u2022\t De Beers Fund well-managed, it provides \u2022\t Anglo American Chairman\u2019s Fund scholarships across Africa \u2022\t McCall MacBain Foundation for study in Africa and it \u2022\t Mo Ibrahim Foundation seeks to attract and train \u2022\t Royal Embassy of Norway Africa\u2019s future leaders. \u2022\t Provincial Government of the Western Cape \u2022\t Northam Platinum We are proud to be \u2022\t Louis Vuitton enthusiastic supporters \u2022\t Derek Schrier & Cecily Cameron of The Mandela Rhodes \u2022\t The Foschini Group \u2022\t Individual Rhodes Scholars Foundation. \u2022\t Anonymous Donors \u2022\t Earthquake South Africa John McCall MacBain, \u2022\t Mandela Rhodes Place Trustee \u2022\t Interpark South Africa \u2022\t Compass Travel \u2022\t Solomon Gallery \u2022\t John Hughes \u2022\t Treble Entertainment \u2022\t World President\u2019s Organisation \u2022\t Guiseppe Ciucci \u2022\t Amade \u2022\t Singapore Airlines \u2022\t Ronald Goldblatt \u2022\t Bonhams \u2022\t Isaac & Khumo Shongwe 65G O V E R N A N C E","Would you like to support the work of The Mandela Rhodes Foundation? You can contribute to our endowment fund to create a scholarship in perpetuity, support a scholarship on an annual basis, or make a general donation to the Foundation. The MRF has donation vehicles in South Africa, America, the UK and Europe. 66 H O W T O D O N A T E","HOW TO DONATE BECOME AN ENDOWMENT DONOR Support one or more Mandela Rhodes Scholars each and every year in perpetuity. Endowment donors receive full recognition for their support through the partnering of our name with theirs in respect of the scholarship(s) they support. Furthermore, they are provided with the opportunity (but not obligation) to develop a relationship with the scholars they support. The capital commitment required to establish a single scholarship per year in perpetuity can be donated over a period of five years. SUPPORT AN ANNUALLY-FUNDED SCHOLARSHIP Fund the full cost for a single scholar, or number of scholars, on a year-to-year basis. As in the case of endowment partners, these donors also get similar recognition by the MRF and the opportunity to engage with the scholar(s) they support. MAKE A GENERAL DONATION Many of our donors are unable to fund an entire scholarship but still contribute towards the Mandela Rhodes Scholarships and alumni programming. We gratefully accept all contributions no matter how small. These are aggregated with other donations and when they are sufficient to fund an additional scholarship we add a further scholar to the next cohort. Alternatively we use these donations to fund additional alumni programming. If you would like to donate or have any queries, please get in touch with Operations Director Ernst Gerber on +27 21 424 3346, or via e-mail on [email protected]. It is also possible to make a direct deposit for the benefit of the Foundation. Bank Details Bank name: Nedbank Account holder: The Mandela Rhodes Foundation Branch code: 145-209 Account number: 1452 028 060 SWIFT code: NEDSZAJJ The Mandela Rhodes Foundation is registered as a Trust (Trust No. IT5164\/2003), as a Public Benefit Organisation (PBO No. 930004744) and as a Non-Profit Organisation (NPO No. 038-181-NPO). The Foundation is therefore in a position to issue tax certificates for donations made in compliance with South African Income Tax Law. We also have a B-BBEE vehicle that is reserved exclusively to fund Black South African students selected for our programme. For American donors, we have a donation vehicle which can issue a receipt for US tax filings via the King Baudouin Foundation. GOVERNANCE","YOUNG AFRICAN, Aspire to be a Mandela Rhodes Scholar if you dream of being a leader; a leader in whose blend of character and intellect Africa will take pride. Aspire to this if you believe you have within you the moral force of character and instinct to lead; and understand that leadership is more than personal ambition, it is also service, requiring the will and capacity to inspire and develop fellow human beings to their own excellence; Aspire to this if you believe that the advancement of individual and social fulfilment, human rights, dignity, the achievement of fundamental freedoms, is among the highest of callings; Aspire to this if you believe that hard work is essential, and you esteem the performance of public duties to be among the noblest of aims. Aspire to be a Mandela Rhodes Scholar if you understand education to be both a gift and a tool for the advancement of human development, to the benefit of all. Aspire to this if you value and pursue scholastic attainment, but understand that intellectual excellence is not to be seen in isolation from other qualities of character; that leaders require a roundedness of personality; Aspire to this if you believe that in receiving an exceptional education, an individual embraces a responsibility to foster such opportunities for others; Aspire to this if you believe that your own success might also make a difference to others. Aspire to be a Mandela Rhodes Scholar if you believe in an entrepreneurial spirit to allow Africa to take with dignity its rightful place as an equal and competitive presence in the global world. Aspire to this if you have the vigour to pursue this aim with integrity; and the energy to use your talents to the full, as exemplified by a fondness for and success in team pursuits beyond the confines of your professional career; Aspire to this if you believe that individual human effort, innovation and creativity will lead to the betterment of society and an effective contribution to the world; Aspire to this if you love Africa and all of its peoples. Aspire to be a Mandela Rhodes Scholar if you believe in reconciliation, freedom, peace and prosperity among all human beings, who should share equal citizenship and opportunities in this world. Aspire to this if you believe in being part of creating a humane world in which all individuals and cultures enjoy equal respect; a world whose emergence will say a new order is born in which we are all each other's keepers; Aspire to this if you value truth, courage, devotion to duty, sympathy for and protection of the weak, kindliness, unselfishness and fellowship; Aspire to be a Mandela Rhodes Scholar if you believe that the past, in all its imperfection, should be harnessed to benefit the present and the future."]
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