Corporate Social Investment
The Cadiz Foundation co-ordinates the corporate social investment (CSI) programme which focuses on education, skills development, enterprise development and social upliftment of people from disadvantaged communities. An internal board of trustees is responsible for determining funding criteria, evaluating requests for grants identifying programmes warranting financial support and assessing the progress of current projects.
Cadiz Foundation supported a number of strategic initiatives in line with its CSI policy.
The Cadiz Foundation also leveraged the social broking potential of GreaterGood South Africa’s South African Social Investment Exchange and Giving Season campaign, generating a further R274,510 for high social impact projects.
| Projects supported are as follows: | |
| Friends of Vista Nova | 100 000 |
| The Kids Foundation | 60 000 |
| Leap Science and Maths School | 50 000 |
| GreaterGood’s Giving Season campaign | 50 000 |
| SASIX projects | 50 000 |
| Western Cape Cerebral Palsy Association | 10 000 |
| Sister Inc | 10 000 |
| Amcare | 20 000 |
| Jeppe Foundation | 10 000 |
| TOTAL | R360 000 |
A ground-breaking joint venture has also been concluded with GreaterGood South Africa to unlock the social and economic benefits of SRI. GreaterGood SA specialises in development sector research, identifying high social impact projects, analysis, reporting and measuring social returns. A joint SRI product has been created which combines investment return imperatives with sustainable development.