The country’s biggest fundraiser benefits 19 education charities
From providing innovative technological assets to numeracy & literacy assistance, special needs training and even a daily meal to at-risk children, the beneficiaries of the upcoming AfrAsia Bank Cape Wine Auction are a substantial group of non-profit organizations helping to transform the Cape Winelands’ education landscape.
In all, 19 Cape Winelands organizations, supporting 13,000 members of the community – are set to benefit handsomely from this year’s AfrAsia Bank Cape Wine Auction, to be held at Klein Constantia, Cape Town, on February 12 and 13 2016.
Established in 2014, the AfrAsia Bank Cape Wine Auction is today South Africa’s biggest philanthropic event and managed under the guidance of five of South Africa’s top businesspeople.
With education being the basis of significant social progress, especially in disadvantaged communities, the Trustees – including CEO of Wines of South Africa, Siobhan Thompson; MD of Warwick Wine Estate & Vilafonté Mike Ratcliffe; Ken Kinsey-Quick former London fund manager and founder of the Diamond Fund; one of the Leading Woman Entrepreneurs of the World and owner of De Morgenzon wines Wendy Appelbaum and founder of Montegray Capital, Michael Jordaan – have sought to make meaningful improvement from a grassroots level.
“At a time when South African education is in crisis and donor fatigue is on the rise, we went in search of a new giving model, one which focuses on maximum impact and long-term sustainability – from creche to career,” says Mike Ratcliffe, Trustee of the Cape Wine Auction Trust.
In turn, the 19 beneficiaries of the Trust find the most effective way – including collaboration – to contribute to youth transformation and holistic education approaches in the region, from primary education to job creation.
Some of the phenomenal charities at the heart of the Auction’s efforts include The Pebbles Project which supports special needs children by providing vital training to local wine farm & township crèches while, aiming to transform the teaching and learning model, Eduvate, arms schools with innovative technological assets for effective learning practices.
Critical assistance with literacy and numeracy are provided by the Anna Foundation while the Lunchbox Fund ensures that real learning is substantiated by providing orphaned, at-risk youth with a daily meal.
More than R17 million has been raised to date through the AfrAsia Bank Cape Wine Auction, all of which was provided, without offset or deduction, to the Cape Wine Auction Trust and given directly to the recipient charities.
To date over 1,637 hours of social worker counseling at disadvantaged schools in vulnerable communities have been funded while 230 000 meals are delivered annually to children who arrive at school without having eaten breakfast, some without dinner the night before.
“We’re hoping that this year’s Auction will be even bigger – it’s an event that makes a meaningful impact on the lives of so many children in our region,” adds Mike Ratcliffe.
The AfrAsia Bank Cape Wine Auction, which attracts bidders from around the world, takes place at Klein Constantia Estate in Cape Town, on 12 and 13 February 2016. Online bidding opens is now open and live global telephone bidding is available on the day.
About the Cape Wine Auction Trust
Established in 2014, the Cape Wine Auction Trust was created to assist education in the winelands. It is well established that the most effective method for uplifting underprivileged communities is education. The Cape Wine Auction Trust is made up of a board of five entrepreneurial individuals who bring a broad spectrum of business experience to the Trust. Each is an expert in their own field and they are united by a common philanthropic goal.
Trustees, in conjunction with audit firm PriceWaterhouseCoopers are responsible for the allocation and monitoring of charitable funds raised. The purpose of the trustees is to guide the allocation and channeling of funds and to maintain complete transparency in all of the procedures.
About the AfrAsia Bank Cape Wine Auction
Exquisite wines, incredible food and VIP access to some of the most beautiful private locations in the Western Cape. The Cape Wine Auction is not only the chance to buy exceptional, once in a lifetime experiences, but it’s all for a very good cause. Over and above the Auction itself, there is also a Friday night ‘Barrel Auction’ sponsored by American Express Centurion and hosted by Constantia Glen where guests have a chance to taste from 18 hand-selected barrels with the individual winemakers, and then place a bid on a case.
The 2015 AfrAsia Bank Cape Wine Auction, which took place on Saturday 14th February last year ascended to new heights when an astounding R10.565 million was raised for education in the Cape Winelands, achieving a significant 50% increase on the R7.045 million raised at the inaugural 2014 Auction.