foundations

FirstRand’s purpose is to build a future of shared prosperity through enriching the lives of its customers, employees and the societies it serves.

One of the mechanisms that the group uses to deliver on this purpose is social investing (or CSI). CSI is executed through the FirstRand Foundation (FRF) and the FirstRand Empowerment Foundation (FREF). Click on the logos below to learn more about the foundations.

Independent corporate foundation.

1% of net profit after tax of the FirstRand group excluding Aldermore and broader Africa.

firstrand-empowerment-foundation

Independent black economic empowerment
(BEE) ownership trust.

Dividends from endowment of approximately R4 billion.