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- Which products can be linked to Nedbank Arts Affinity?
Products that can be linked to Nedbank Arts Affinity include: - Current accounts
- Credit cards (classic or gold)
- Savings accounts
- Who administers the trust?
The Arts & Culture Trust CEO, Wendeen Lieberman-Condé.
Tel 011 295 8455 or email info@act.org.za
- Can clients belong to more than one ‘Affinity’?
Yes, clients can belong to more than one ’Affinity’. For example, they can have a Nedbank Green credit card and a Nedbank Arts current account and a Nedbank Sport savings account, should they want to support each cause. Of course, most clients prefer to ’pool’ their support and channel it into one cause. This choice is entirely up to the individual.
- What are the different ‘Affinities’?
The three ’Affinities’ that clients can link their current account, credit card and savings accounts to are: - Nedbank Arts Affinity;
- Nedbank Green Affinity; and
- Nedbank Sport Affinity.
- How are the donations from Nedbank Arts made to the Arts & Culture Trust?
The donations made by Nedbank on Nedbank Arts clients’ behalf include a percentage of credit card transactions and savings account balance (at no cost to clients), and a fee for each new cheque book (small cost to client - currently R9 - July 2002).
Nedbank’s donations are paid directly to the trusts on a monthly basis. The trusts in turn allocate the funding to grassroots projects.
- How long has the Arts & Culture Trust been in existence?
The Arts & Culture Trust was founded in 1994 (by Nedbank, Sun International, the Department of Arts, Culture, Science and Technology, the Royal Netherlands Embassy and Vodacom).
- What is Nedbank Arts Affinity?
Nedbank Arts Affinity is an integral part of the character of Nedbank. People who choose to become Nedbank Arts clients are not simply product users but become Nedbank’s partners, sharing the bank’s vision of a prosperous and inspirational future for all. Nedbank Arts enables clients to forge a personal connection with Nedbank and encourages genuine goodwill and loyalty.
Nedbank’s vision is to make a real and tangible difference by contributing to a bright artistic future.
Through the Nedbank Arts programme, our clients can: - contribute visibly to the broader community;
- become involved with the issues of our society;
- develop interests which are close to their heart.
- What’s the difference between a normal and a Nedbank Arts Afffinity current account, savings account or credit card account?
By choosing a Nedbank Arts Affinity account, clients are ensuring that funds are being donated to a cause that is close to their hearts, with certainty that the money is used productively: Nedbank makes a donation to a charitable trust - the Arts & Culture Trust - based on a percentage of its clients’ turnover, at no extra cost to them. Clients receive newsletters and can use the website to get regular trust feedback reports and updates on projects funded.
Another major difference between normal and ’affinities’ accounts is that the faces of the cards and cheque books have colourful images relating to the Arts ’affinity’, or cause, that clients have chosen. These images are a testimony to the fact that the client supports that cause.
- What are the funds used for?
The Arts & Culture Trust focuses on the development of our country’s rich diversity of artistic and cultural talent.
- How much has been contributed to the Trust to date?
Nedbank has made a significant contribution to the R6-million disbursed by ACT since its inception.
- How does Nedbank Arts Affinity work?
Nedbank Arts Affinity is underpinned by the Nedbank Arts current account, savings account and credit card products. Nedbank donates money of behalf of its Nedbank Arts clients (generated primarily through product usage) to the Arts & Culture Trust. The trust is an autonomous body; in other words it is not part of Nedbank - although Nedbank has representation on the committees.
- Is it more difficult to open a Nedbank Arts Affinity account compared to a normal account?
No, clients use exactly the same forms to open a Nedbank Arts Affinity account as a normal account. All that is different is the account type indicator on the form.
- What are the advantages of having a Nedbank Arts Affinity account?
- Nedbank Arts Affinity clients lend support in the form of a donation or contribution, which is used to assist the less fortunate or disadvantaged, to give equal opportunities to all, to help with developing skills and talents and to protect the environment.
- Clients benefit from being able to donate money to a cause close to their hearts, conveniently and in the absolute certainty that the money is used productively.
- Clients receive feedback and special offers unique to the Arts lifestyle programme they have chosen, which will enrich and add to their quality of life.
- Clients can feel good knowing they are contributing to a positive and successful future of South Africa and its people.
- Who benefits from the funds generated by Nedbank Arts Affinity?
The trust to benefit from Nedbank Arts Affinity is the Arts & Culture Trust, founded in 1994. In turn, projects which support and preserve South Africa’s rich artistic and cultural heritage are funded by the trust.
The Arts & Culture Trust is an independent trust administered by an independent board of trustees.
- How much does it cost clients to become a Nedbank Arts Affinity client?
There is no extra cost associated with being a Nedbank Arts Affinity client compared to a normal Nedbank client.
- How does the Trust raise its funds?
ACT raises funds through means such as corporate donations, fundraising events, international donations, capital investment and income-generating affinity products, as well as mutually beneficial partnerships between the corporate, public and cultural sectors focused on making a positive difference to the lives of all South Africans.
- What kind of projects does the Arts & Culture Trust fund?
ACT provides funding for all forms of arts and culture including literature, music, visual art, theatre, dance, film, festivals, community art, arts management, arts education, museums and heritage. ACT also provides bursary funds to formal and non-formal educational institutions specialising in arts and culture, and these in turn distribute such funds to individual students at their institutions. ACT does not consider individual bursary applications. ACT provides one of South Africa’s most consistent and sustainable sources of funding for the arts. During ACT’s last funding cycle, just over R 1.2 million close to R1 million was given in cash grants to specific 23 projects and bursaries. Beneficiaries included developmental and educational projects, civil society initiatives such as community arts festivals, and organisational management and infrastructure support in all the art disciplines: film, music, theatre, dance, craft, literature, and visual art.
- How is the Trust managed?
The governance structure includes trustees and representatives of the founding parties (founding trustees or advisors). The board of trustees, comprised of leading art practitioners and administrators, is tasked with the implementation of funding policies, the evaluation of projects and the allocation of funds. The managing committee includes the chair and deputy chairs, certain founding partner representatives, chief executive and ACT office administrative assistant. The managing committee is responsible for general management, co-ordination of activities, and reporting. The chief executive and administrative assistant manage and implement all services, fundraising, project management and administration operations, programmes and activities.
- What kind of projects doesn’t the Trust support?
ACT considers projects across all spheres of South Africa arts, culture and heritage. However, only projects that fall within the scope of at least one of the Trust’s five focus areas, and that meet the various criteria set out, will be considered for funding. ACT does not consider individual bursary applications and international travel.
- Who are the Trustees of ACT?
The nominated trustees of ACT are all appropriate arts and culture personalities that span the spectrum of the arts, and representatives of the founding parties (founding trustees or advisors). The trustees are responsible for policy decisions and the allocation of funds. Prof Andries Oliphant (chairperson) – award-winning writer, critic, lecturer and publisher; former chairperson of the Arts and Culture Task Group (ACTAG)
Nise Malange (vice-chairperson) – writer, filmmaker, community arts activist, director of the Bat Centre, Durban
George Mxadana (vice-chairperson) – director of Imilonji KaNtu Choral Society and chairman of the Telkom Old Mutual National Choir Festival
Richard Cock – music conductor and former artistic director of the National Symphony Orchestra
Linda Givon – Goodman Gallery, galleriste extraordinaire
Ansie Kamffer – media and eventing consultant
Marilyn Martin – director of the SA National Gallery
Glen Masokoane – Ladida in Midrand
Tale Motsepe – director: Cultural Development, Department of Arts and Culture
Andre Odendaal – director of The Robben Island Museum
Jay Pather – choreographer, actor and artistic director of Siwela Sonke Dance Theatre
Prof Andrew Tracey – director of the International Library of African Music
Prof Elizabeth Triegaardt – professor of the UCT Ballet School and chair of the Board of Cape Town Ballet
Jill Waterman – dance development specialist and educationalist
- How are the projects chosen?
The 2003 funding cycle focuses on the following five areas of development for upliftment of communities, groups and individuals: - Job creation: Persons employed by and other jobs created by the project.
- Creative skills: Specific artistic skills and number of learners.
- Management skills: Specific managerial skills and number of learners.
- Cultural diversity, awareness and understanding: Promotion of local cultures and facilitation of cultural exchange.
- Cultural tourism and marketing: Expansion of local and international markets for South African culture.
Only projects that fall within the scope of at least one of these five focus areas are considered. The following criteria is taken into account: - Merit: Is the project innovative, well conceived and inherently worthy?
- Impact: What impact will the project make in its focus area?
- Development: How will the project uplift
- Communities/groups/individuals?
- Sustainability: How cost-effective and sustainable is the project?
- Capacity: Does the project have the management and financial skills to succeed?
- Profile: What publicity and branding are offered to ACT and its partners?
The criteria for the evaluation of bursary applications is as follows: - Need for Training Programme: Is there a need for the proposed training?
- Employment Rate: How many completers have been employed?
- Development: How will the programme uplift communities/groups/individuals?
- Standing: Does the programme/institution have a good reputation?
- Impact: What impact will it make in the field and to the learners?
- Profile: What publicity and branding are offered to ACT and its partners?
Applications for funding are considered and selected by the ACT board of trustees, once a year. twice per annum.
- What is the Arts & Culture Trust?
The Arts & Culture Trust, established in 1994, is a private sector initiative which aims to provide much-needed financial support for the development, promotion and celebration of South African arts and culture. While maintaining strong links with its private sector founders, the Ttrust is run by an independent board of trustees drawn from the arts and culture community. The primary aim of the Trust is to increase the amount of funding available for arts and culture, and to distribute these funds in support of innovative, sustainable projects which contribute to South African arts and culture.
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