Ap Foundation logo

Partners in empowering leaders that believe in a transformed South Africa.




B-BOS


Our Foundation is a Broad-Based Ownership Scheme under the rules of the B-BBEE Codes. It was born out of Alternative Prosperity Group’s black ownership transaction, holding a 17,5% stake in the Group. It also acquired a 10% share in Today’s Trustee (Pty) Ltd.


Non-profit


In 2015 the Foundation was registered as a Non-Profit Company (NPC) under the South African Companies Act and a Public Benefit Organisation with SARS. Its objective is to contribute towards black socio-economic empowerment.






Independent


Our Foundation is an independent legal entity and functions autonomously involving independent directors and auditors.


Partnership


Our Foundation appreciates the complexity of transformation and leadership development therefore we partner with likeminded funders and impactful implementers. We don’t reinvent the wheel.