Inyathelo in the Headlines

Crunch time for university funding - 13 November 2017 - The New Age (Western Cape), Careers

UNIVERSITIES operate in a changing and challenging environment which requires strong leaders capable to adopt innovative funding models, with a particular focus on philanthropy. The CEO of the Southern African Trust, Dr Bhekinkos Moyo, made the comments during his main address at the ninth annual InyatheloKresge Foundation leadership retreat in Stellenbosch on October 20. The event was held for university vice-chancellors, directors and philanthropic organisations to debate the changing funding landscape and leadership needs. Advancement is an integrated approach which transcends fundraising to position an organisation for long term sustainability. "If philanthropy is to contribute to development and academia, we have to invest in it so it's a source of income and knowledge.”It must be treated as a discipline," Moyo said. According to the Inyathelo 2016 Annual Survey of Philanthropy in Higher Education, philanthropists donated just more than R1.2bn to 11 South African universities in 2015. This was a massive R 515m more than recorded for 10 universities in 2013. Dr Moyo said an increase in individual megagifts was a global trend in university philanthropy. Increasingly, individuals give more than foundations, and this usually has the added advantage of being provided without predetermined conditions. Philanthropists prefer to give to higher education institutions because universities can absorb and implement large donations, they track results and tertiary education is a diverse sector. The government faces many funding challenges of its own and is turning to more nimble nonprofit organisations that are funded largely by philanthropy money, to assist with greater service delivery. Inyathelo honoured four universities, plus the Children's Hospital Trust, for their successes achieved through the Inyathelo Kresge programme. Inyathelo programme director Nazli Abrahams said: "These organisations were selected on the basis of the clear and comprehensive vision that they displayed in their application to the programme. They went on to use the Kresge programme and the opportunities that came with it, to INNOVATE: Dr Bhekinkosi Moyo. Build advancement practices that have greatly increased giving and capacity in all of the institutions." The Children's Hospital Trust launched a capital campaign for new theatres and raised 95% of the targeted R 50m within seven months. Its direct marketing programme was transformed to embrace digital opportunities and online facilities. The Cape Peninsula University of Technology significantly developed its alumni database and grew funding by 172%. This was achieved while merging the Cape Technikon and the Bellville Technikon into CPUT. The University of Pretoria overhauled its Department of Institutional Advancement and the Tuks Alumni Office. The alumni office developed an enviable alumni database and could create several staff posts. The University of the Western Cape, individual giving increased through initiatives such as the highly successful phonathon. The University of the Witwatersrand joined in 2007 to transform its advancement initiative and take part in the challenge grant. Kresge rewarded institutions with additional funding if they met funding targets. Wits began an array of capital projects, completing its fundraising for these within two to three years. This email address is being protected from spambots. You need JavaScript enabled to view it.


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