The Rialto Project is funded through the donations of various companies, organisations and family offices.
We currently have three corporate sponsors who have collectively committed more than R2 million to the programme.
Our sponsors include:
The Community Property Fund
The Futuregrowth Community Property Fund has been acquiring and expanding shopping centres catering to the needs of under-serviced communities throughout South Africa for 20 years. The Fund is a flagship fund among Futuregrowth Asset Management’s suite of developmental investments, with R7.3 billion of properties under management and a combined gross lettable area in excess of 421 185m2. The Fund currently owns 24 properties in eight provinces. The shopping centres are located in prime locations within townships and rural areas around the country.
Futuregrowth Asset Management
In the wake of South Africa’s democratic transition, Futuregrowth was founded in 1994 with the vision of creating a sustainable channel for pension funds to invest in disadvantaged communities and national development. This comprised a small suite of investment funds focused on social development and empowerment.
Futuregrowth is a leading fixed interest investment company that, as at 31 December 2021, manages around R193 billion of assets on behalf of its investors which are predominantly South African retirement insurance and retail funds, and has been a leader in responsible and developmental investing in South Africa. .
Capital Land Asset Management
Capital Land is a leading investment property boutique involved in the asset and property management of institutional and private commercial property portfolios. Capital Land manages one of the largest portfolios of specialised retail assets, servicing the high-growth mass market in South Africa. Its portfolio comprises 26 commercial properties valued at approximately R7.4 billion, with a consolidated gross lettable area of around 422 757m2.
The core operations of Capital Land involve commercial property asset management, financial administration, operations, utilities and facilities management, property development, leasing, legal and compliance management, marketing, media and promotions, and the management of corporate social investment programmes.
Further corporate sponsorship and strategic partnerships are required to grow the project and fund further bursaries for deserving candidates.
Each sponsorship is awarded to a selected candidate as agreed by the sponsor, who will be required to pledge sponsorship for the scholar from Grade 8 through to Grade 12.
The Rialto Project undertakes to allocate 100% of the donated funds to the bursary recipient. All management costs of the project are funded by Capital Land. All contributions to the programme qualify for socio-economic development points towards B-BEEE certification.
The Rialto Project is able to issue Section 18(A) certificates for all donations.
Should you wish to join our team and become a corporate sponsor of the Rialto Project, please contact us on 021 673 3300 or email info@rialtoproject.co.za.