Established in 2001 and first launched in 2005 the Tiso Foundation is a self-sustained public benefit organization (PBO) focusing on supporting youth education, development and leadership.
The Foundation became an independent functioning entity when the founders of the Tiso Group dedicated a substantial portion of their shares to establish an organisation that would actively develop African potential and talent through quality education, becoming a beacon of hope and agent for positive change. To date the Foundation has reached over 42 000 lives and invested over R100 million in educational and skills development programs.
-Value-based, holistic support to deserving student
-Partnership and collaboration with leading South African and international institutions
-A dedicated drive towards unlocking and developing future leaders
-The establishment of a self-sufficient African philanthropic organisation
The Tiso Foundation (the Foundation) was one of the principal and founding shareholders of the Tiso Group (Pty) Ltd (Tiso Group), an investment holding company established in June 2001. In July 2011 Tiso Group merged with Kagiso Trust Investments to form Kagiso Tiso Holdings (KTH) resulting in Tiso Foundation becoming a principal shareholder in KTH.
The deliberate decision to bequeath a substantial portion of their individual shares, by the founders of Tiso Group stands as testimony to their vision. The vision of creating a leading pan-African investment holding company owned and managed by African professionals and simultaneously enabling the creation of a self-sustainable, independent Foundation that will ensure that previously disadvantaged youth and communities benefit from the commercial endeavours of the company without dependence.
The Foundation was registered as a Public Benefit Organisation (PBO) in May 2002 and the shareholding value of the Foundation in KTH is today worth approximately R750 million. The Foundation’s founding trustees mandated the organisation to prioritise support to the development of black youth whose future fortunes are intricately tied to the future of our country.
“South Africa can never invest sufficiently in the development of world class skills. Government, business, civil society organisations need to agree that the effort to develop suitable skills, educational facilities and leaders of the future is a national priority that benefits all.”
Bishop Mvume Dandala – May, 2002