Adv Sankie Morata, chair of the board of trustees, launched the FISA Bursary Scheme Trust at the 8th Annual FISA Conference.
The FISA Council decided some time ago to form a trust to supply bursaries to previously disadvantaged individuals who qualify to enrol for a tertiary qualification applicable to the fiduciary industry and who are employed, or express a desire to be employed in the industry, and who can make a positive contribution to, and promote the development of equal opportunities in, the fiduciary industry.
The FISA Council has earmarked an amount of R110,000 from FISA’s funds over the last two years as seed money for the trust and is appealing to employers in the industry to contribute to the trust. The trust is registered as a public benefit organisation and contributions to the trust will qualify for a tax deduction under sec 18A of the Income Tax Act, 1962.
Prospective donors can contact email@example.com.
A copy of the trust deed can be accessed by clicking here.