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    capitec foundation

    about capitec foundation

    Capitec Foundation was established in June 2015 as an independent, non-profit organisation to manage the corporate social investment initiatives of Capitec Bank.

    The Foundation’s main purpose is to campaign for better quality education, particularly in terms of improving numeracy skills and raising the financial literacy levels in South Africa.

    Capitec Foundation aims

    • Improve the performance and numeracy skills of learners in maths for maths-related careers 
    • Improve the financial literacy of consumers through financial life skills programmes 
    • Improve the financial life skills of learners and school leaders 
    • Develop school leaders within education institutions in the communities that Capitec Bank serves 
    • Support organisations that are actively involved in having a long-term, positive impact on the care for and support of abused and neglected women and children with once-off donations

    our activities

    • Fund education support programmes such as IkamvaYouth, Primestars eduCate revision programme, National Science Week and University of Cape Town mathematics competition
    • Bursary programme for selected Grade 10 – 12 learners in the Western and Eastern Cape (as our resources increase we will roll out to other provinces)
    • Bursary programme for selected principals in the Western Cape (as our resources increase we will roll out to other provinces) in partnership with the Graduate School of Business at University of Cape Town 
    • Financial life skills programmes that create awareness around personal bank better, live better 
    • Support community organisations that are actively contributing to the care and safe refuge of children who have been abused, neglected, abandoned and orphaned and support (e.g. through counselling and refuge) women who have been victims of abuse
    • Our approach to national disaster relief is to support existing relief efforts. By choosing this route, we help enhance and further amplify these efforts. We undertake to actively support disaster relief through recognised and legitimate disaster relief organisations. Particularly in cases where a province or the national government has declared a disaster and where our clients are widely affected. Most of our relief efforts are out of the public eye. You can follow our social media channels to see which organisations we support if you also want to get involved. We prefer to allow our clients and employees to choose the cause or organisation that they want to support, while giving them peace of mind that the organisation and account details we supply can be trusted.

    application documents


    Email [email protected] to request assistance with sponsorships.


    Email the completed donation application form to [email protected]

    board of trustees

    The board is made up of 3 independent trustees:

    Carl Fischer (Chairman)
    Carl joined Capitec Bank in 2000 and served as  the Executive: Marketing & Corporate Affairs until mid-2016. Previously he was chief executive of marketing and support services for Boland PKS from 1999 to 2000. Former positions include group marketing and sales director (1996-1998) and group production/operations director (1993–1996) of Stellenbosch Farmers’ Winery.

    Leela Moodley 
    Leela is a former executive director of Juta and company. She recently started her own business, Technology Enabled Learning (TEL), which focuses on people development. She has an MBA from Oxford Brooks University. 

    Linda Rose 
    Linda is the former Chief Director: Districts Western Cape Education Department. She has master’s degrees from the University of Illinois through Fulbright and the University of Liverpool through the British Council.

    structure and governance

    The Foundation has a trust deed, which is aligned with required legislation.