Kagiso Trust InBrief Issue#17 August 2015 Aug 2015 | Page 10

www.kagiso.co.za G lobally, as in South Africa, NGO’s are challenged by the scarcity of resources. Even successful NGO’s such as South African based poverty alleviation organisation, Kagiso Trust are reminded of this reality. Speaking at the workshop, Thabiso Ratsomo, a Kagiso Trust trustee acknowledged that it had taken the NGO over 20 years to become sustainable, and that to this day, the organisation relies on government and corporate partnerships to deliver the development services it does. “Kagiso Trust didn’t have it easy. When the European Union (EU) decided to redirect funding to the South African government following democracy, we made a choice not to close down because we thought the work of the trust was still relevant. At that time the EU was our main donor and their decision to pull out presented a very difficult period for the organisation, but this also gave us the opportunity to reassess how we operated and to consider thinking and strategies that would overcome this challenge,” Ratsomo said. Over 400 guests who represent NGO’s and various community organisations attended the panel discussion and workshop at the Imbizo Hall to pose and ask questions relating to the topic. Investments On the eve of the democratic elections, Kagiso Trust launched its investment arm Kagiso Trust Investments which changed the direction of the NGO, ensuring its sustainability while allowing it to continue with its development work. Mokgethi Tshabalala, CEO of Thebe Foundation agreed adding how Thebe had taken a similar approach with Thebe Foundation in setting up Thebe Investments. “Thebe Investment Corporation was started in 1992 by an NGO and is now sitting at a worth of R6 billion and the community trust is still a shareholder.” Tshabalala shared with the audience the importance of looking at ways within your organisation to become more sustainable. “If you are in feeding, one basic thing that you constantly need is mealie-meal. Instead of procuring at Makro, for example, talk to the Department of Trade and Industry about producing your own food .” Tshabalala mentioned that the advent of B-BBEE meant that big companies were looking for strategic partners. “The main problem lies with the way Non Profit Organisation’s procure services”, added Khosi Mvulane, Founder and Managing Director of G.A.D Consulting Services. G.A. D is a Governance, Auditing and Accounting firm that provides its services to NPOs and SMEs. “In our experience sustainability isn’t there from the beginning. For example, you can’t run an HIV NGO if that’s no longer the reason South Africans are dying. You need to address the problem, a problem in your community. Additionally, you need to keep evolving as your environment evolves”, said Mvulane. She also made the point that many NGO’s find it difficult to account to their donors because they are not acquiring services from properly registered service providers. Another issue standing in the way of growth in the NGO sector is the fear to collaborate with other NGO’s. “Often NGO’s spread their resources too wide and for this reason NGO leaders find it difficult to be experts at anything.” Mvulane added, “NGO’s need to decide which areas to focus on and in which projects monies belong in.” In their bottomsup approach, Kagiso Trust has always been rooted in the community, prioritizing poverty alleviation through education. With this in mind 10| Kagiso Trust InBrief August 2015 Kagiso Trust will host several such community engagement workshops around the country during its 30th anniversary celebration in order to inspire and to offer lessons learnt on its journey with other NGO’s looking to become sustainable. “Our sector is at the cutting edge of providing solutions and we believe in the power of the NGO sector,” Themba Mola, acting CEO of Kagiso Trust told audiences. “We are looking at working with different NGO’s and also receiving their pearls of wisdom to address the issue of our current relevance, this we believe will be accomplished by shifting our mind set of always receiving and, as we have realised, make use of the other alternatives to funding such as through investments.” This is the second of six panel discussions that Kagiso Trust will be hosting in accordance with its ‘pearls of wisdom’ campaign which aligns with the organisation’s 30th anniversary this year. Celebrating 30 years The ‘pearls of wisdom’ campaign