The Prescient Foundation started as an initiative to provide Prescient staff with home loans. A decade later, this now falls within the staff economic wellbeing projects.

The Foundation is funded by the Prescient Group subsidiaries who donate a percentage of their profit each year and by fundraising activities. We contribute time, funds and expertise to improving the circumstances of those we support.

Ultimately, we want to contribute to creating a better society for everyone.

Our
Foundation
Projects

01

SCHOLARSHIPS

The Prescient Foundation currently provides secondary education scholarships to learners as part of its Schools and Leadership Programme. The criteria includes selecting from and being accepted by one of the schools limited to the Prescient Foundation’s database. The scholarships cover either school fees, accommodation, transport and stationery or sport. Learners are selected based on merit and need.

The Foundation also includes family members of Prescient staff who qualify to apply for an academic sponsorship. Sport related sponsorships are based on achievements as well as need. In other words, participating in provincial or South African trials or competitions; and the need for financial support to be able to compete are some of the criteria the Foundation considers for eligibility.

As part of our Mentorship Programme, we partner all of our high school learners, along with the Foundation alumni and those who have already graduated from high school, with a mentor from Prescient.

Scholarships
01

SCHOLARSHIPS

02

SCHOOL FUNDING

In 2010, Laerskool Paul Greyling approached the Prescient Foundation to partner with them by funding a project, initiated by the governing body and parents. It identified previously disadvantaged pupils from surrounding areas to attend the school. Learners on the programme are exempt from paying school fees and also receive meals, clothing, stationery and transport.

School Funding
02

SCHOOL FUNDING

03

MADE FOR MORE

The Foundation hosts summits and motivational talks at various schools that cover topics centred around empowerment and upliftment. The leadership program is aimed at aiding learners in their journey to becoming effective leaders by equipping them with the knowledge and skills to do so.

Made For More
03

MADE FOR MORE

04

IT INITIATIVES

The Foundation has partnered with Sakhikamva Foundation and together we host robotics and coding workshops for grade 7 – 12 leaners and equip teachers with the necessary skills to host similar workshops.

The Foundation has also funded the launch of a stream laboratory that enables learners from the area to access facilities such as Laptops, Tablets and robotics and coding equipment.

IT initiatives
04

IT INITIATIVES

05

COMMUNITY INITIATIVES

JUMP IT
This is a rope skipping and gymnastics club established in Khayelitsha. The Foundation funds the salaries of coaches and administrators as well as any fees associated with competitions for Jump It - a rope skipping and gymnastics club established in Khayelitsha.

GRAAF REINET
The Foundation funds the salaries of the teachers involved in its Reading Programme across several schools within the area. In addition, they fund various workshops (leadership, art and first aid) as well a minibus for the Boundless Project in Graaf Reinet.

Community Initiatives
05

COMMUNITY INITIATIVES

06

ADHOC INITIATIVES

CHRISTMAS GIFT BOX DONATIONS
Annual Christmas gift boxes are donated to schools and children's homes.

ST ANNES HOME
The Foundation donates funds and clothing.



OTHER
The Foundation donates funds, blankets, food and clothing to several other organisations in need. We host several drives throughout the year. This includes Women’s Day events, Mandela Day drives, financial literacy programmes, Youth Day events, calculator drives, stationery drives and honouring the public figures that work tirelessly and contribute to the community in the in our areas.

 

Adhoc Initiatives
06

ADHOC INITIATIVES

Meet the Prescient Foundation Team

Nicole Wentzel

Nicole Wentzel

Prescient Foundation CEO

As the Executive Director and CEO of the Prescient Foundation since 2017, Nicole has brought a profound sense of purpose to her role, driven by an unwavering passion for improving the educational landscape in underprivileged and rural communities.

Her journey with Prescient began over a decade ago, in 2013, when she joined Prescient Securities as an accountant. In that role, she honed her financial management and analytical skills, and in 2014, she transitioned to Prescient Profile as an executive assistant.

During her time at Prescient Profile, Nicole's role transcended traditional boundaries. She seamlessly navigated through various responsibilities that spanned research, tax, accounting, and administration. She also played a pivotal role in the operations of the Stadia Capital Group, showcasing a remarkable capacity to manage multifaceted challenges.

In 2017, Nicole's was appointed as the CEO of the Prescient Foundation and is the guiding force behind the Foundation's mission, strategic direction, and day-to-day operations. Nicole's vision extends beyond corporate success; it encompasses a deep-seated commitment to making a positive impact on the community, particularly in the realm of education.

Before her tenure at Prescient, Nicole garnered valuable experience at KPMG in the auditing and forensics departments. Her time at KPMG involved auditing life companies, unit trusts, asset managers, and retirement funds, providing her with a comprehensive understanding of financial ecosystems.

Through her role at the Prescient Foundation, she is not just shaping an organisation; she is shaping the future of countless children in need, one educational initiative at a time.

Get Involved

How can the foundation help you?

The Foundation supports community programmes that focus on the upliftment of people. We are currently focused on communities within the Western Cape and Eastern Cape.

The Foundations Bursary Programme is open to kids within our leadership program or staff kids that meet the criteria of academic excellence and need.

Our leadership programme is open to any schools that are interested in our series of talks for their grade 7s.

Our Legal status

 

The Foundation, established in 2005, is incorporated as an approved Non-Profit Company (Reg. number 2004/034082/08) as defined in the Companies Act [no 71 of 2008]. The Foundation is registered as a Public Benefit Organisation (PBO) (PBO no 930022417) in terms of the Income Tax Act [no 58 of 1962] and is, therefore, tax exempt.

The Foundation complies with the requirements of a Broad-Based Ownership Scheme (B-BOS) as set out in Code 100 of the Department of Trade and Industry’s Broad Based Black Economic Empowerment (B-BBEE) Codes of Good Practice under the Broad-Based Black Economic Empowerment Act [53/2003].

 

The Foundation is audited each year for the purpose of issuing an Independent Competent Person’s Report as required in terms of the Broad-Based Black Economic Empowerment (B-BBEE) legislation.




THE SUBSIDIARIES OF THE PRESCIENT GROUP ARE OUR MAIN SOURCES OF FUNDING.

Meet the Foundation Team


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