Solidarity Fund Overview 15 May 2020 Internal Agenda Purpose and - - PowerPoint PPT Presentation

Internal

Solidarity Fund Overview

15 May 2020

Internal

• Purpose and mandate
• Focus areas
• Governance
• Fund activities
• Q & A

Agenda

2

Internal

Solidarity Fund | Overview

Announced by President Cyril Ramaphosa on 23 March 2020 to unite the nation in our response to the COVID-19 crisis 1 2 3 4 5 6 A platform for the public and private sectors, civil society and public to contribute to one consolidated effort Rapid response vehicle funding impactful initiatives

• Augmenting the national health response and humanitarian effort, mobilising South

Africans to act to stop the virus Work closely with the Government and Business for South Africa, but separate and independent – a fund for all of South Africa Custodian of contributions by organisations and individuals across society and accountable to them Independently administered and transparently governed Responsibly administered, disbursements with the greatest possible impact combatting the pandemic and ameliorating its effects

3

Internal

Mobilise and coordinate financial and in-kind contributions from all South Africans and members of the international community Use contributions to ameliorate the health crisis and the social consequences of the pandemic Bring South Africans together to play their part in combatting COVID-19

Solidarity Fund | Mandate

1 2 3 Prevent Prevent the spread of the

infection by supporting campaigns and communication measures to flatten the curve Detect Detect and understand the magnitude of the disease through the supply of testing kits and research Care Care for those in hospital

• r medical care by

ensuring a supply of PPE (Personal Protective Equipment) Support Support those whose lives have been disrupted by the pandemic through the support of feeding and shelter programmes across the country

4

Internal

Solidarity Fund | Areas of Focus

Rapid response vehicle, where pooled contributions are deployed to fund high-impact initiatives in three key focus areas:

1

Health Response

Supporting urgent aspects of the health system response, and supporting and protecting front-line health workers

3 2

Solidarity Campaign

A Solidarity Campaign that will unite the nation in action against COVID–19 and encourage behaviour change in local communities

Humanitarian Effort

Providing humanitarian support to and strengthening the most vulnerable households and communities Range of Disbursement Allocation

70–75%

Range of Disbursement Allocation

5–10%

Range of Disbursement Allocation

20–25%

5

Internal

Solidarity Fund | Health Response

• Augment Government and private sector’s efforts to prepare the health system for the

increased burden

• Completely aligned with the national health response led by the Department of Health
• Enhance the national effort led by our Government, not to create a separate effort
• Comparatively smaller resources than what is being mobilised by the Government – but

contribution to larger state health effort will not be marginal

• Targeted at high-impact procurement where Government is not able to act with the speed

required, or where outside the state’s capacity

• Additionality in each intervention; the scale of impact would unlikely have happened were

it not for the Fund’s intervention

6

Internal

Solidarity Fund | Humanitarian Response

• Socio-economic impact as a result of this pandemic expected to be vast
• Targeting initial humanitarian response on
• Providing support to food security relief for the most vulnerable communities
• Assist in interventions around the escalation of gender based violence
• Enabling resilience through augmenting Government and Business’ efforts in providing

humanitarian aid and support to vulnerable households and communities

• Enhance the ability to cope, through sustaining access to food and care
• Mobilise and coordinate the resources of Business, civil society and communities to

respond to humanitarian challenges

7

Internal

Solidarity Fund | Solidarity Campaign

• Government alone cannot stop COVID-19 or soften its blow – need the nation to act to slow the

infection rate

• Require the small actions of every South African
• Aim to inspire and mobilise South Africans to
• Act individually and collectively to flatten the curve and support those affected
• Create a sense of unity in action, pull together as a country, each play our part
• Capitalise on unprecedented willingness of South Africans to lean in
• Direct energy and resources to where they can best support the national effort - celebrate acts,

expressions or moments of solidarity

• At its core, a behavioural change initiative to encourage the modified behaviours required to

manage the pandemic

• Replace fear, distrust and panic with hope, belief and calm determination

8

Internal

Solidarity Fund | Governance Framework

The governance framework with decision making, approval and oversight bodies, operating under the oversight of the independent Board of Directors

Fundraising Solidarity Campaign

Nomkhita Nqweni (Interim CEO)

Health Response Humanitarian Response

Gloria Tomatoe Serobe (Chairman) Adi Enthoven (Deputy Chairman) Michael Katz Kgomotso Makhupola Minister Tito Mboweni Minister Ebrahim Pat Ayanda Ntsaluba (Chairman Disbursements) Tryphosa Ramano (Chairman Audit and Risk) Sizwe Nxasana (Chairman Fundraising)

Strategy / Disbursements / Execution Input think tank Fund administration & Operations Finance, risk and reporting Communications / Reporting Management of disbursements Coordination Fundraising Board Sub-Committe

Fundraising oversight

Disbursements Board Sub-Committe

Oversight of disbursements into Health, Humanitarian and the Solidarity Campaign

Audit and Risk Board Sub-Committe

Financial and other reporting oversight, the control environment and overall compliance

Tryphosa Ramano Michael Katz Kgomotso Makhupola Ayanda Ntsaluba Adrian Enthoven Sizwe Nxasana Sizwe Nxasana Adrian Enthoven Thulani Tshefuta Non-Exec Exec

9

Internal

Solidarity Fund | Reporting

Old Mutual | Fund Administrator

• Complete transparency
• Report on donations, whilst

respecting donors wish to remain anonymous

• S18A certificates
• Report on disbursements, including

nature of disbursements

• Collection and disbursement of funds

subject to normal vetting and

• versight

Tshikululu | Monitoring & impact

• Transparency in monitoring

deployment programs and evaluating impact

• Regular reported in an appropriate

manner

• Internal Control Environment
• End to end functions, processes and

associated controls Fund Administration & Reporting Monitoring & Evaluation All service providers supporting the Solidarity Fund are providing their capabilities pro bono PwC | External Auditors

• “Non Profit Company” without

members under the Companies Act

• Registered with SARS as a Public

Benefit Organisation

• Granted Income Tax Exemption in

terms of section 10(1)(cN) of the Act with effect from 25 March 2020 Statutory Compliance

10

Internal 11

AS AT 13 MAY 2020 – OPENING BALANCES

Total number of donations received Donations received through crowdfunding partners

Number of donations 2,609 Amount raised, R 2,596,652 Crowdfunding Partner Backabuddy 14,075 1,930,286 Sun International Amount paid over, R 134,819 997,199 Shoprite 509,519 207 393,684 Outvest 364,230 3,296 300,000 Dischem 300,000 166 185,507 Givengain 131,268 177 11,780 Wootware 11,780

• Payflex
• 155,349

6,415,107 Total 3,913,449 2,596,652

7 705 466 120 485 Approved 106 14 Disbursed 1,317 587 +730 Prevent Support Detect Care

Approvals and disbursements, Rmn Actual disbursements vs approvals and allocations, Rmn

238 Available balance6 7 14 471 Approvals not yet paid 730 1,616 +886 Amount allocated Amount approved Amount disbursed

900 300 2,900 120 (9%) 1,190 (90%) 7 (1%) 106 480 70 -75% 20 -25% 5 -10% x % Allocated

Solidarity Campaign Health response Humanitarian Effort 643 28-Apr 5-May 24-Mar 14-Apr 172 31-Mar 7-Apr 1,186 21-Apr 12-May 19-May 26-May 1,149 2-Jun 9-Jun 9 64 344 845 1,004 1,531 1,599 1,635

Weekly donations received (cumulative), Rmn3

Actual Forecast4 Pledges 16 20 47 2,085 Donations 2,792 2,169

Corporate / Foundation Payroll giving Individuals2 Foreign donations1

Movement From 12/05 56,2 8,9 From 06/05 71,8 148,1

Pledges and donations received, Rmn Payroll giving received, Rmn

Julius Malema and EFF 6,0 Yellowwoods 2,5 Coronation Fund Managers 2,2 Pepkor Holdings 2,0 Anonymous 0,5 Clicks Group Limited 0,5 Goldfields/South Deep 0,5 Vodacom Group Limited 0,4 Anonymous 0,1 Democratic Alliance 1,5

Top 10 donations, Rmn

Mary Oppenheimer and Daughters 1000 Naspers Limited 500 Lottery South Africa 50 Telesure Investment Holdings 50 Ninety One Limited 40 Yellowwoods 20 Export Credit Insurance 20 Exxaro Resources 20 Anonymous 20 Fynbos Kapitaal 32

174,508

Donations in total

5,024

Anonymous

11,556

Individuals

156,443

Fundraising partners5

1,482

Corporates/ trusts

• 1. USD/ZAR exchange rate of R18.59 2. Includes individual donations and anonymous donations 3. Figures exclude Oppenheimer R1bn to allow better

scale 4. Based on forecast conversion of pledges 5. Includes third party payment channels that sweep funds to SF bank account in batches (e.g. Ecentric, Snapscan) 6. Includes balances in Standard bank ZAR account, Standard bank foreign currency account and RMB/FNB account

Solidarity Fund | Fundraising

Internal

• 5

10 15 20 15 16 17 18 19 20 21 13/04 20/04 27/04 01/05 04/05

TVR's and Reach by week

TVR Reach

Solidarity Fund | Impact Tracking – Prevent Highlights

12

38% 31% 17% 8% 6% COMMUNICATIONS SPEND (25 PARTICIPANTS)

TV Radio DOOH Digital Print

*Partially complete: Only TV data for now.

R11 Million R7 Million

• 4

8 12 Total Spend "in -kind" Disbursed Approved

Communications Spend Tracker

*Television Rating (TVR) describes % of target market that has been reached within the total audience

Internal

Solidarity Fund | Impact Tracking – Detect Highlights

13

92% 8%

CONTACTS TRACING (19K CONTACTS)

Contacts Allocated Contacts Traced

*Other includes educational material and t-shirts/caps for identification purposes.

• 5 000

10 000 15 000 20 000 06/04 07/04 08/04 09/04 10/04 11/04 12/04 13/04 14/04 15/04 16/04 17/04 18/04 19/04 20/04 21/04 22/04 23/04 24/04 25/04 26/04 27/04 28/04 29/04 30/04 01/05 02/05 03/05 04/05 05/05 06/05 07/05 08/05 09/05 10/05 11/05 12/05 13/05

Confirmed Daily Tests

R485 Million 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% At point of usage Disbursed to NHLS/Other Allocated to NHLS Approved

Testing Kits Tracker

Internal

Solidarity Fund | Impact Tracking – Care Highlights

14

• 3 000 000

6 000 000 9 000 000 Community HCW Government Dept Hospital WholeSale Provincial Depot

Total Delivered by Customer Type

Masks Gloves Sanitizer

0% 2% 14% 40% 27% 1% 1% 10% 4%

PPE PURCHASED - ZAR SPLIT IN (%)

Goggles Gowns N95 Masks Surgical Mask (HCW) Surgical Mask (Patient) Scrubs Surgical Gloves Boot Covers Sanitizer Ventilator

R704 Million 0% 20% 40% 60% 80% 100% At point of usage Landed Paid Out Approved

PPE Tracker

200 000 1 000 000 3 000 000 3 300 000 2 000 000 898 100 500 000 1 000 000 1 500 000 2 000 000 2 500 000 3 000 000 3 500 000 01-Apr 02-Apr 03-Apr 04-Apr 05-Apr 06-Apr 07-Apr 08-Apr 09-Apr 10-Apr 11-Apr 12-Apr 13-Apr 14-Apr 15-Apr 16-Apr 17-Apr 18-Apr 19-Apr 20-Apr 21-Apr 22-Apr 23-Apr 24-Apr 25-Apr 26-Apr 27-Apr 28-Apr 29-Apr 30-Apr 01-May 02-May 03-May 04-May

Inbound Warehouse Deliveries

Surgical mask - Patient Surgical Gloves

Internal

Solidarity Fund | Impact Tracking – Support Highlights

15

• 50 000

100 000 150 000 200 000

Confirmed Cumulative Deliveries

30% 54% 16%

DISTRIBUTION PARTNER (182 479 UNITS)

Provincial Implementing Agents Non-Government Org Community Based Org R120 million

0% 20% 40% 60% 80% 100% Delivered to Households Paid Out Approved

Food Spend Tracker

Internal

16

Credit Card

Secure online portal: www.solidarityfund.co.za

EFT

Bank: Standard Bank Branch name: Sandton City Account name: Solidarity Fund Account no.: 023070021 Account type: Current account Branch code: 051001 SWIFT code: SBZAZAJJ Bank: Standard Bank Branch name: Sandton City Account name: Solidarity Response Fund NPC Account number: 090853741 Account type: Foreign Currency Account (CFC) Currency type: USD Branch code: 8105 SWIFT code: SBZAZAJJ

Foreign Currency Payments For all monetary donations, please include your identity/company registration/trust number/tax reference number, as applicable, to facilitate fund administration and the preparation of Section 18A tax certificates In-kind

Kindly log all offers of in-kind donations or support on the Business for SA website.

Fund Information

Contact details

• Email: info@solidarityfund.co.za
• Phone: 0860 001 001

Important information

• Registration number: 2020/179561/08
• Public Benefit Organisation: #930068904
• Registered address:

c/o ENSafrica, The Marc | Tower 1, 129 Rivonia Road, Sandton, 2196

Solidarity Fund | Payment Options

Internal

Q & A

17