The Schauenburg Education Trust was established in 2015 in response to the vision of its founder, Florian G. Schauenburg, to make a positive contribution to the socio-economic transformation of South Africa. In establishing the Trust, the Schauenburg family has made a significant contribution to BEE ownership of their interests in the country and to the full compliance of the Mining Charter and to the BBBEE requirements of South African companies. The Trust furthermore signifies the intention of the founder to ensure sustainable growth of scarce skills and a commitment to continue contributing to the prosperous growth of the people of South Africa.

OUR MISSION
To uplift disadvantaged black individuals and communities through educational opportunities and development projects.

OUR VISION
We want to provide a quality education for deserving individuals who can contribute positively to the future industrial growth and socio-economic transformation of South Africa.

OUR VALUES

• Care & respect for the bursars of the Trust
• Integrity and honesty, thereby upholding the aims of the Trust as captured in the Trust Deed
• Compliance by undertaking all activities of the Trust with good governance being applied

Our initiatives

The Schauenburg Education Trust awards bursaries to deserving individuals who would otherwise not have had the financial means to undertake further education at tertiary institutions. This opportunity is focused on black students and black women in particular from previously disadvantaged communities. The focus of the bursaries are on technical skills in the electronic, industrial and production engineering domains but also extends to the areas of business administration. The bursary covers full tuition and residence costs as well the costs of textbooks – this will vary from institution to institution as well the area of study. The trustees and the administrators of the Trust will undertake a formal, transparent and auditable selection process to ensure that the aims of the Trust are met and they will also ensure that the successful bursars are supported financially with their tuition fees and that they have all the non-financial support required to ensure successful completion of their studies. Where possible and feasible, deserving community projects will be considered and undertaken.

Outlook

In five years’ time the Trust aims to have at least 30 students being funded for full-time study at tertiary education institutions in South Africa.

CONTACT
Contact Administrators: Candace Eaton (+27 11 329 6000)
Contact Trustees: Farida Akbur (+27 11 974 0006)