NVFH 2020 Integrated Annual Report

Taking CSR
to the next level
At NVest, we take an active role in uplifting the communities in which
we operate and 2019 proved to be a watershed year in the roll out of
our CSR agenda.
There are so many not-for-profit organisations and charities
doing really impactful work in the Eastern Cape that it’s
not easy to choose which to support because they are all
deserving. For the 2019/2020 financial year though we focused
our CSR spend on education, targeting the early childhood
development (ECD) phase, primary, secondary and tertiary
levels (where possible with a financial literacy bias).
Through a robust selection process we identified three
educational organisations and a student-led Foundation
that we have formally partnered with as Group CSR
beneficiaries going forward.
All three education facilities offer the following:
• Transportation: Children are collected and dropped
off at specific areas to ensure their safety.
• Nutrition: All children receive either one or two healthy
meals a day and nutritious snacks.
• Education: Classes are restricted to a maximum of 20
children and taught by qualified teachers and support
staff.
• Love: All facilities provide emotional care for every
child throughout the school day and in activities
beyond the classroom.
Further below we detail what each organisation or
foundation does and how we would like to support each
one (although we are not limited to doing only what is
proposed). There are also numerous Group fund-raising
events being held over the year, the proceeds of which
can also be split between the various beneficiaries.
The 2019/2020 CSR budget amounted to R420,000
and we are committed to at least 75% of
this spend qualifying as BBBEE
Corporate Social Development.
Group CSR Beneficiaries
After a rigorous selection process which involved site visits and interviews we were
delighted to announce the following Group CSR beneficiaries:
Loaves and Fishes Network (LAFN) - ECD education phase
African Angels - Primary education phase
The mission of LAFN is to engage in community
development by providing holistic childcare training
and development, and appropriate facilities, whilst
mobilising and supporting parent and community
participation in the caring, nurturing and wellbeing
of their children.
African Angels Independent School provides
quality primary school education (6 -13 years) for
economically and socially disadvantaged children
from local townships and surrounding farms. With a
youth unemployment rate of 39%, a quality education is
essential to create future opportunities.
Hope Schools - Senior education phase
Hope Schools aim to achieve the brightest possible future
for children who are infected, affected, or orphaned by
HIV/AIDS by providing excellent education and holistic
care throughout their schooling years.
The Kepe Foundation
Kepe Foundation lends a helping hand to those
in need, via outreach programmes and mentoring.
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NVest Financial Holdings Limited | INTEGRATED ANNUAL REPORT 2020