The University of Venda Foundation Trust (Univen Foundation) is a registered charitable trust (number IT821/88), a public benefit organization under South African Law.
The Univen Foundation establishes projects that, on the one hand, advance the interests of the University, and on the other, respond to the critical development needs of the African continent in particular rural development
To support the University’s status as a comprehensive university by mobilising resources both cash and in kind.
The mission of the Foundation is to secure investment in the development of the University. The Foundation achieved this by procuring bequests, endowments, grants and gifts that advance strategic objectives of the University and to provide stewardship to donors.
The Foundation prioritises institutional development projects that are responsive to societal, economic and technological needs and problems, aim to advance human, environmental and global well-being, and are of immediate relevance or benefit to the local, national and regional communities served by the University.
The Foundation subscribes to the following values of the University, quality and excellence, accountability, transparency, integrity, respect, diversity, social responsibility and community engagement. The staffs is committed to exemplifying the best qualities of Univen, pursue the highest standards of personal and professional conduct, and to observing the code of ethics which is outlined in the strategic document of the University.
The core business of the Univen Foundation is to seek external resources for, the development of the University; that is, for the establishment of new physical infrastructure, new scholarship and bursary schemes, and any other initiatives that serve to build and strengthen the University and assists to meet its strategic goals.
The Foundation is responsible for University-wide fundraising priorities and projects. Realising that the donors’ interests may be focused on a specific program or unit, the Foundation also encourages University units to develop fundraising projects and to build relationships directly with their donors, but this should happen on a coordinated approach.
The Foundation provides fundraising coordination and implementation, serves as the steward for contributions, upholds the highest standards of fiscal responsibility and investment management. These efforts are conducted in relation to the donors’ expressed wishes as well as the instructional, scholarship, and public service pursuits of the University.
The Foundation strategic objectives for fundraising will be guided by the strategic objectives of the University as contained in the strategic plan of the University 2012-2016, which are:
• Conversation to a comprehensive
• Quality teaching and learning
• Advancing the research and innovation mandate
• Integration of community engagement in the core business of the University
• Financial sustainability
• Integrated human resources management and development
• Linkages, partnerships and internationalisation
• Enhancing the quality of student life
• Capital campaign for infrastructure
• Corporate relations building
• Student financial aid campaigns
• Endowment fund
• MoU drive with SETA around the country
Giving makes us feel happy. A 2008 study by Harvard Business School professor Michael Norton and colleagues found that giving money to someone else lifted participants’ happiness more that spending it on themselves (despite participants’ prediction that spending on themselves would make them happier). Happiness expert Sonja Lyubomirsky, a professor of psychology at the University of California, Riverside, saw similar results when she asked people to perform five acts of kindness each week for six weeks. These good feelings are reflected in our biology. In a 2006 study, Jorge Moll and colleagues at the National Institutes of Health found that when people give to charities, it activates regions of the brain associated with pleasure, social connection, and trust, creating a “warm glow” effect. Scientists also believe that altruistic behavior releases endorphins in the brain, producing the positive feeling known as the “helper’s high.”
Giving is good for our health. A wide range of research has linked different forms of generosity to better health, even among the sick and elderly. In his book Why Good Things Happen to Good People, Stephen Post, a professor of preventative medicine at Stony Brook University, reports that giving to others has been shown to increase health benefits in people with chronic illness, including HIV and multiple sclerosis. A 1999 study led by Doug Oman of the University of California, Berkeley, found that elderly people who volunteered for two or more organizations were 44 percent less likely to die over a five-year period than were non-volunteers, even after controlling for their age, exercise habits, general health, and negative health habits like smoking. Stephanie Brown of the University of Michigan saw similar results in a 2003 study on elderly couples. She and her colleagues found that those individuals who provided practical help to friends, relatives, or neighbors, or gave emotional support to their spouses, had a lower risk of dying over a five-year period than those who didn’t. Interestingly, receiving help wasn’t linked to a reduced death risk.
Researchers suggest that one reason giving may improve physical health and longevity is that it helps decrease stress, which is associated with a variety of health problems. In a 2006 study by Rachel Piferi of Johns Hopkins University and Kathleen Lawler of the University of Tennessee, people who provided social support to others had lower blood pressure than participants who didn’t, suggesting a direct physiological benefit to those who give of themselves.
Giving promotes cooperation and social connection. When you give, you’re more likely to get back: Several studies, including work by sociologists Brent Simpson and Robb Willer, have suggested that when you give to others, your generosity is likely to be rewarded by others down the line—sometimes by the person you gave to, sometimes by someone else. These exchanges promote a sense of trust and cooperation that strengthens our ties to others—and research has shown that having positive social interactions is central to good mental and physical health. As researcher John Cacioppo writes in his book Loneliness: Human Nature and the Need for Social Connection, “The more extensive the reciprocal altruism born of social connection . . . the greater the advance toward health, wealth, and happiness.”
What’s more, when we give to others, we don’t only make them feel closer to us; we also feel closer to them. “Being kind and generous leads you to perceive others more positively and more charitably,” writes Lyubomirsky in her book The How of Happiness, and this “fosters a heightened sense of interdependence and cooperation in your social community.”
Giving evokes gratitude. Whether you’re on the giving or receiving end of a gift, that gift can elicit feelings of gratitude—it can be a way of expressing gratitude or instilling gratitude in the recipient. And research has found that gratitude is integral to happiness, health, and social bonds.
Robert Emmons and Michael McCullough, co-directors of the Research Project on Gratitude and Thankfulness, found that teaching college students to “count their blessings” and cultivate gratitude caused them to exercise more, be more optimistic, and feel better about their lives overall. A recent study led by Nathaniel Lambert at Florida State University found that expressing gratitude to a close friend or romantic partner strengthens our sense of connection to that person.
Barbara Fredrickson, a pioneering happiness researcher, suggests that cultivating gratitude in everyday life is one of the keys to increasing personal happiness. “When you express your gratitude in words or actions, you not only boost your own positivity but [other people’s] as well,” she writes in her book Positivity. “And in the process you reinforce their kindness and strengthen your bond to one another.”
Giving is contagious. When we give, we don’t only help the immediate recipient of our gift. We also spur a ripple effect of generosity through our community. A study by James Fowler of the University of California, San Diego, and Nicholas Christakis of Harvard, published in the Proceedings of the National Academy of Science, shows that when one person behaves generously, it inspires observers to behave generously later, toward different people. In fact, the researchers found that altruism could spread by three degrees—from person to person to person to person. “As a result,” they write, “each person in a network can influence dozens or even hundreds of people, some of whom he or she does not know and has not met.”
Giving has also been linked to the release of oxytocin, a hormone (also released during sex and breast feeding) that induces feelings of warmth, euphoria, and connection to others. In laboratory studies, Paul Zak, the director of the Center for Neuroeconomics Studies at Claremont Graduate University, has found that a dose of oxytocin will cause people to give more generously and to feel more empathy towards others, with “symptoms” lasting up to two hours. And those people on an “oxytocin high” can potentially jumpstart a “virtuous circle, where one person’sgenerous behavior triggers another’s,” says Zak.
So whether you buy gifts, volunteer your time, or donate money to charity this holiday season, your giving is much more than just a year-end chore. It may help you build stronger social connections and even jumpstart a cascade of generosity through your community. And don’t be surprised if you find yourself benefiting from a big dose of happiness in the process.(source internet, ways to give)
Gifts and grants are tax deductible in South Africa.
Giving to the Univen Foundation is an excellent way to invest in education and the social engagement of Univen foundation.
Thanks to donors like you, the Foundation has seen record successes in responding to significant challenges in South Africa. Make a tax deductible donation today to help improve lives! You can help us provide a wide range of programmes that will enable the Univen Foundation to:
• Respond to Univen’s strategic needs.
• Advance teaching and learning.
• Create centres of Excellence.
• Enable students of talent to prosper.
We invite you to Partner with us by donating now!
There are number of convenient options for making your gift to Univen. You can use your credit card, debit card or cheque account to make a gift using our secure form or you can use a variety of other ways. Please use the link at the left to find out more about how you direct your gift to Univen like.
• Automated recurring payments
This will enable you to make automatic, recurring gifts to Univen of the amount you choose and the frequency of giving. It provides you with the opportunity to make annual contribution in instalments by authorizing payments to be made directly from accounts
• Payroll deduction
Univen employees can make charitable contribution to the University by payroll deduction. To enrol, fill out an authorization form and sent it to Univen Foundation office.
• Matching gifts
You may be able to multiply the value of your gift by participating in matching gift program provided by Univen; Univen will match employee contribution at a rate of 1:1, 2:1 or even greater.
• Endowment Fund
An endowment campaign is a fund-raising campaign that raises money for an organization to invest rather than spend. The proceeds from an endowment campaign are placed in an endowment fund, the income from which is used by the organization to meet ongoing expenses, cover capital expenditures, or fund special projects and programs.
A gift of Personal Property, such as money, stock, bonds, or jewelry, owned by a decedent at the time of death which is directed by the provisions of the decedent’s will; a legacy. A bequest is not the same as a devise (a testamentary gift of real property) although the terms are often used interchangeably. When this occurs, a bequest can be a gift of real property if the testator’s intention to dispose of real property is clearly demonstrated in the will. There are different types of bequests. A charitable bequest is a gift intended to serve a religious, educational, political, or general social purpose to benefit mankind, aimed at the community or a particular segment of it. Charitable bequests also reduce the estate taxes that might be owed on the estate left by a decedent. A demonstrative bequest is a gift of money that must be paid from a particular source, such as a designated bank account or the sale of stock in a designated corporation. • A general bequest is a gift of money or other property that can be paid or taken from the decedent’s general assets and not from a specific fund designated by the terms of the will.
• The gift of personal property under the terms of a will. Bequests are not always outright, but may be “conditional” upon the happening or non-happening of an event (such as marriage), or “executor” in which the gift is contingent upon a future event. Bequest can be of specific assets or of the “residue” (what is left after specific gifts have been made).
Areas to Give to
• Schools • University wide • Disabled Student Unit • Infrastructure campaign • Student Financial assistance • Capacity building
Special gift opportunity
This is particularly good news for high-income taxpayers. Because your gift to or donation to charitable distribution will be excluded from your taxable income, it can prevent you from being subject to the new higher income tax rate. And because the distribution is simply excluded from income – rather than claimed
Our banking details are
The University of Venda Foundation Trust Standard Bank of South Africa Ltd
Type of Account: Current Account
Account Number: 031 434 681
Branch No: 052- 849
- Domba Trust
- Education, Training and Development Practices Sector Education and Training Authority (ETDP SETA)
- Services Sector Education and Training Authority (SERVICE SETA)
- Manufacturing, Engineering and Related Services Sector Education and Training Authority (MERSETA)
- Manufacturing, Engineering and Related Services Sector Education and Training Authority (MERSETA)
- Transport Education and Training Authority (TETA)
- Agriculture Sector Education and Training Authority (AGRISETA)
- Insurance Sector Education and Training Authority (INSETA)
- Safety and Security Sector Education & Training Authority (SASSETA)
- Mining Qualifications Authority (MQA)
Univen Foundation Manager
Tel: +27 15 962 8191 / 8823 / 8621