Creating a benchmark in philanthropy
In 2015 the Cape Wine Auction Trust approved funding of all monies raised to 19 beneficiaries working throughout the Cape winelands. The Trustees spent a number of months refining their mandate of supporting education in the South African winelands.
At a time when South African education is in crisis and donor fatigue is on the rise, they went in search of a new giving model, one which focuses on maximum impact and long-term sustainability. The 19 beneficiaries have been strategically selected for the role that each plays within the holistic cycle of education. The Trust looked at education from Cradle to Career.
Beneficiaries are invited to collaborate and interact with each other, both in person at quarterly workshops, and online via a digital platform. This methodology is in direct contrast to the traditional one of working in “silos”, which has proven to be less than efficient in educational interventions.
The Trustees believe that this model of collaboration and beneficiary interaction will result in less duplication, increased economies of scale and better use of assets. The Trustees are committed to creating an innovative model of philanthropic support, which delivers a return on social investment by way of impact and measurable change.
Our amazing trustees
The Cape Wine Auction Trust Trustees are Siobhan Thompson, Paul Cluver, Mike Ratcliffe, Ken Kinsey-Quick, Wendy Applebaum and Raymond Ndlovu.
In terms of entrepreneurial brain muscle and all round business acumen, it’s a pretty formidable team.
Before joining the family business he studied B.Sc. at Stellenbosch University majoring in Horticulture and Economics. Later on he also obtained a degree in Philosophy majoring in Value and Policy studies.
Together with his family Paul has taken De Rust from being a leading apple producer to being one of South Africa’s top wine estates, stud breeder of Hereford cattle while being rated as a leader in sustainable production and conservation. The family business has also recently launched a craft cider.
Corporate GovernanceEstablished in 2014, the Cape Wine Auction Trust was created to raise money for education in the South African winelands. It is well established that the most effective method for uplifting underprivileged communities is education.
The Trust structureThe Cape Wine Auction Trust is registered in terms of Article 6(1) of the Property Control Act, 1988 (Act 57 of 1988).
The Trust Registration number is IT000532/2014.
The Cape Wine Auction is registered as a Public Benefit organization (PBO set out in section 30(3) of the Income Tax Act No 58 of 1962.
The Trust has been further granted S18 (1) (a) donations tax exemption status.
The financial statements of the Trust are audited by PwC who are one of our international auction partners.