Established in 1998 as a stand-alone legal entity, the Foundation has invested more than R700 million in corporate social investment projects, enriching and uplifting the lives of many thousands of people in need across South Africa.
The companies within the FirstRand Group (First National Bank, Momentum, Rand Merchant Bank and WesBank) each contribute 1% of their after-tax profits to the FirstRand Foundation, which channels the funds to a variety of causes.