TISO Foundation Undergraduate Bursary

    Company description

    TISO FOUNDATION

    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.

    Our Values:

    -African Excellence

    -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

    Roots

    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

    Bursary description

    Undergraduate Bursary
    South Africa is rich with talent and potential, but because of funding constraints and few opportunities, so much of this potential is never fully realised to the detriment of the socio- economic development of our country. The Tiso Foundation through its Undergraduate Bursary Programme in partnership with various South African Universities seeks to identify deserving previously disadvantaged candidates who have demonstrated talent and determination in their previous academic lives. The Foundation nurtures and empowers participants to achieve their academic potential, and go on to a meaningful career that will have a lasting impact on their careers, communities and the country. Scholarships are awarded to under privileged youth from marginalized communities who meet the selection criteria.

    Throughout the programme, beneficiaries are offered life skills training and academic support. Upon completion the Foundation is available to assist the best students to access career opportunities through its network of corporate and institutional relationships.
    The programme aims:
    • To promote equity in the workplace by supporting strong black students to acquire the necessary academic qualifications
    • To help address the skills shortage in the economy
    • To address challenges of poverty through the avenue of human capital development.

    Requirements and eligibility

    Selection criteria include; good to excellent matric results or academic performance (if already registered at University), a dedication to their studies and a willingness to meaningfully participate in upliftment programmes existing in the communities from which they emanate. A highly competitive selection process ensures these bursaries are accessed and utilised by students with the greatest promise.

    Since inception, the Foundation has funded more than 90 students pursuing degrees and national diplomas in accredited institutions of higher learning. Going forward,the Foundation targets to support 65 students per year through partnerships with various stakeholders.
    Candidates must meet these selection criteria:
    • Must be between the ages of 18 and 34
    • Students must be South African citizens
    • You must be from the previously disadvantaged groups as outlined by the South African government (Black, Coloured or Indian)
    • Must be in possession of excellent matric results with a minimum average of 70%.
    • Must produce excellent results if already registered as a full time student a minimum of 65% average.
    • Must be financially needy and unemployed.
    • Must portray and excellent positive attitude.
    • Must be dedicated to their studies.
    • Must provide references.
    • Must be willing to give back to the community.

    How to apply

    Visit the provided website below to access the application:

    https://tisofoundation.co.za/our-programmes/tertiary-bursary-programme/ 

    What it covers
    Location
    Website

    https://tisofoundation.co.za/our-programmes/tertiary-bursary-programme/

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