The Foundation

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The work done by the Nedbank Foundation, which is the bank’s primary corporate social investment (CSI) arm, is key to Nedbank Group’s social sustainability efforts. To ensure that the difference it makes to individuals and communities is a lasting one, the foundation has four focus areas: education, community development, skills development and health.

Nedbank Group is committed, to the development of intellectual sustainability in South Arica, education receives the largest budget allocation at the Nedbank Foundation. The Nedbankers who work at the foundation follow an approach they describe as ‘smart with heart’.

This means that they strive to uplift people in need by helping to deliver sustainable, life-changing solutions rather than merely making financial hand-outs.


Zamokuhle Primary School
– Science Laboratory

As many as 50% of the children living in the area of the Embalenhle township in Mpumalanga where the school is situated are orphaned as a result of HIV/Aids. Having built the science lab, the school ran out of funds to equip it. Funds from the Nedbank Foundation were then obtained to equip the science laboratory for learners from grades 5 to 7.

TRAC SA

Using a mobile laboratory fitted with computer technology, TRAC SA has developed 40 curriculum-based science experiments for grades 10 to 12. Data obtained from experiments is represented on screen, in real time, while learners complete TRAC worksheets. The Nedbank Foundation has partnered with TRAC SA since 2008.

The KwaDukuza Resource Centre

The KwaDukuza Resource Centre in KwaZulu-Natal aims to improve the standard of maths, science and technology education among learners. With funds from the Nedbank Foundation the centre will assist 40 grade 11 and 40 grade 12 learners, with the goal of raising their marks in these subjects to between 60% and 70%. The centre also develops case studies of the learners’ progress for future interventions.

Nedbank Fundisa Maths and Sciences Project

Initiated in 2011, this programme is aimed at providing a holistic intervention in maths and science for Grade 10, 11 and 12, looking at the development of both teachers and learners from participating schools in Eastern Cape and Limpopo. Select educators were granted the opportunity to enrol at Unisa for a one-year course and then provided with extensive, classroom-based support by facilitators. A total of 600 learners also receive supplementary tuition with the aim of getting them to achieve decent passes at matric.

M2 Mathematics Project

This project is based in Kimberly, Northern Cape. Funding from the Nedbank Foundation has helped disadvantaged learners from grades 9 to 12 receive extra weekly lessons in mathematics and has enabled these learners to attend holiday academies. A supplementary initiative – the M2 Coffee Shop project – focuses on empowering teachers, student teachers and parents of learners to become more involved in children’s maths education.

Matric Exam Revision Programme

In 2010 the Nedbank Foundation helped sponsor a pilot project in 25 schools, across five provinces. Altogether 2 000 learners were enrolled in the programme, with 25 tutors employed in various subjects. In reality, more than 6 000 learners attended the programme. Building on the lessons of the 2010 intervention, this year’s programme will be run, more as a supplementary school programme, and over a longer period (April to December).

The Nedbank Mobile Library Project

To help create a literate environment, and to promote a culture of reading, this year Nedbank is providing funding to procure 12 mobile libraries and books for the benefit of up to 10 schools in rural areas across nine provinces.

My Future, My Career

This project aims at providing career guidance to previously disadvantaged learners in grades 9 to 12. Utilising unused time slots at cinemas around the country, the hour-long episodes take the form of interviews with individuals in various careers, and across different industries and sectors.






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