DGMT Institutional Investment
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Partner(s):The fields of education and welfare currently constitute the majority and the principal beneficiaries of the DG Murray Trust (DGMT) annual donations. Amongst other causes supported, DGMT enables schools in rural and urban areas as well as informal settlements to use information technology. DGMT also has a track record of supporting high impact adult learning community programs operated by Community Based Organisations (CBOs) and other Public Benefit Organisations (PBOs) and Non Governmental Organisations (NGOs). An independent private charitable trust, The DGMT was established by the late Douglas George Murray and was initially capitalized from his personal financial resources. Our Involvement:SAIE seeks to break the vicious cycle of unpredictable availability of funds that has traditionally afflicted NGOs. In an attempt to bring financial sustainability SAIE has established an Institutional Strengthening Fund that supports operating costs since donors generally prefer to sponsor projects directly over operational or institutional development support. SAIE has approached the DGMT for an investment in this Institutional Fund which will be invested on the money market such that the interest will be used for SAIE’s operating costs. Project Progress:The DG Murray Trust has approved a grant for SAIE's Insitutional Strengthening for three years. The Trust will be receiving progress reports from SAIE on the utilisation of the grant, the performance of the fund in the money market and the viability of the funding mechanism. |
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Funder:DG Murray Trust |
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Location:Western Cape Project Completion: |






