The Oppenheimer family is delighted to announce a major new endowment of R1billion to the Oppenheimer Memorial Trust. This donation effectively doubles the size of the Trust and underlines the family’s commitment to the advancement of education in South Africa.
The Oppenheimer Memorial Trust was founded by Harry Oppenheimer to honour the memory of his father, Sir Ernest Oppenheimer. From the time of its establishment in 1958, it has carried on the philanthropic traditions of the Oppenheimer family with the intention of making a positive difference to society. The Trust has always focused on the development of people and learning, with an emphasis on enabling individuals to further their education and fulfil their potential. There are many examples of the Trust’s investments in the growth of human capital and many beneficiaries have gone on to make important contributions to public life in South Africa. Over the years, the Trust has also supported a large number of organisations, institutions and good causes in other areas, adapting and responding to changing needs.