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NMMU Kickstarts R1 Billion Vision 2020 Fund

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Nelson Mandela Metropolitan University today launched its R1-billion capital and endowment campaign to help realise its Vision 2020 objectives. This fundraising campaign is a first for NMMU and one of the biggest campaigns in the country. And they cannot do it alone.

The “My gift for a better tomorrow” campaign calls on all stakeholders, individuals and organizations, to support the well-being of NMMU and help make it an even greater university.

Substantial contributions were already made – of which the handovers of cheques will take place at the launch. Dimension Data is one of them with a handover amount of R500 000 and also an amount by the Alumni Association of R50 000. Three individual contributions of R100 000 each by Peter Amm, Almorie Maule and Royden Vice have also already been made.

Chairperson: Africa & Middle East (Dimension Data) Dr Andile Ngaba (second from right) today handed over the first contribution to NMU Council Chair Judge Ronnie Pillay, NMMU rector Prof Derrick Swartz and Dr Xolani Mkhwanazi, Chairperson (NMMU Trust). Photo: Leonette Bower

NMMU’s Council adopted Vision 2020 in 2010. It is a plan to raise the quality of education, develop a new generation of academic programmes, boost research and innovation, modernise infrastructure, recruit talented staff and attract better quality students. The campaign has two legs: raising R500m for NMMU projects and establishing an R500m endowment fund to provide financial security and sustainability. The goal is to have an endowment of R500m by 2020. The investment returns after 2020 will be used to fund strategic projects. Various units within NMMU will also contribute to the Endowment Fund.

The university’s alumni relations office today also launched its “Alumni Care” programme. Alumni (past students and friends) are encouraged to show that they care by providing assistance where it is needed in any way that they can. Individual support, especially through the legacy programme, is an important pillar of the capital and endowment campaign together with private and public sector support.

This fundraising campaign is a first for NMMU and one of the biggest campaigns in the country.

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Alan Straton

Chief Cook, Bottle Washer and Broom Mechanic at MyPE
Passionate about Port Elizabeth and definitely NOT packing for Perth. Alan's ethos is epitomised in the words of Nelson Mandela; "I have fought against white domination and I have fought against black domination. I have cherished the idea of a democratic and free society. If need be, it is an ideal for which I am prepared to die." See more articles by Alan.