The Gap Fund has called on businesses and individuals to support its effort in helping the most vulnerable communities in South Africa.
Development Diaries learnt that the Gap Fund, which was established by The Mergon Group to help South Africa’s beleaguered non-profit organisations (NPOs), has already raised more than R7m from private funders and allocated funds to more than 80 NPOs.
The work of the NPO beneficiaries includes caring for the frail and elderly people, orphaned and vulnerable children; and providing food and shelter relief for the homeless.
The Executive Trustee of Social Impact NGO Nation Builder, another Mergon initiative, Keri-Leigh Paschal, said, ‘Our social development sector is truly playing an integral part in holding our social fabric together, doing all it can to prevent people from falling through the cracks.
‘The Gap Fund is helping to support our struggling NPOs during the Covid-19 crisis and beyond.
‘While many people think that NPOs are being supported through the crisis, it is difficult for NPOs to access funding for relief efforts and almost impossible for them to access funds for their own sustainability.
‘The Gap Fund is the best place to invest in changing the lives of those who need it the most. Mergon has a 15-year track record in supporting South Africa’s social impact NPOs and channelling funds directly to where they are needed most’.
It was gathered that 100 percent of ticket sales for this year’s sixth annual In Good Company Conference will be donated to the Gap Fund.
The conference, themed ‘Be the regeneration’, will be hosted virtually this year, bringing together business leaders, social innovation experts, and impact investment thinkers to look for creative solutions to the country’s current crisis.
Source: Biz Community
Photo source: Brent Newhall