SAB Foundation

The SAB Foundation holds 8.4 million SAB Ltd shares and applies the dividend and special dividend income received from these shares for the benefit of the wider South African community.

SAB Foundation was the first organisation in South Africa to received tax exemption and is registered as a tax exempt Small Business Funding Entity under section 10(1)(cQ) of the Income Tax Act.

The object of the SAB Foundation is as follows:

• The provision of funding for small, medium and micro-sized enterprises, in order to contribute to the economic and social empowerment of historically disadvantaged persons, primarily (but not necessarily exclusively) by means of entrepreneurship development and with a priority focus on providing opportunities within small, medium and micro-sized enterprises for women and youth in the rural areas, as well as persons with disabilities.

• Bridgit Evans heads up the SAB Foundation which invests in and provides business support to entrepreneurs and social innovators. Prior to this, Bridgit was the CEO of the GreaterGood Group, a firm specialising in socio economic development consulting across eight African countries to international aid agencies, impact investment professionals, social enterprises, the private sector and South African government departments.

  Bridgit began her career at Tshikululu Social Investments, philanthropic grant managers for Anglo American, De Beers and the First Rand Group. She also spent time at the Gordon Institute of Business Science running the Social Entrepreneurship Programme as well as the Imagination Leadership Programme. Bridgit has two degrees in Psychology and an MBA from University of Cape Town and the Indian School of Business in Hyderabad. She currently serves on three boards including Global Entrepreneurship Network (GEN) South Africa. She is an Archbishop Tutu Leadership Fellow with a passion for unlocking opportunities for people to transform their lives and realise their potential.