DISABILITY EMPOWERMENT CONCERNS
Copyright © 2016 DEC Trust. All rights reserved.
DEC’s mandate from the underlying beneficiary organisations is to develop a sizeable diversified portfolio of investments that will, in time, yield a significant and sustainable income stream in support of their empowerment work.
DEC started distributions to beneficiary organisations the same year it turned cash positive.
The track record has been as follows:
Distributions are made equally between the 6 beneficiary NGOs and DEC also facilitates direct CSI contributions to the beneficiary organisations from DEC’s investment partners. In October 2015, the DEC Trustees approved a new, more aggressive distribution policy whereby all yield less capital gains is now distributed.
As at May 2016, the DEC Group had invested R65m, distributed R61m and held a sizable amount of cash to redeploy in new investments.