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FALF seeks to develop a pipeline of South African, African and Africans of mixed ancestry female academic leaders in tertiary institutions (Chancellor’s Fellows). This initiative was informed by the slow racial and gender transformation at leadership level in tertiary institutions nationally, especially when it comes to black females.
Out of the 26 Vice Chancellors, only 4 are women; out of 30 Deputy Vice Chancellors, only 12 are women; less than 5% of Professors are black females (MTT Report 2020). FALF’s objectives are the transformation of academic leadership, the contributors to the body of knowledge and the creation of role models and mentors, starting with the University of the Witwatersrand. The initiative adds to an existing University Transformation Plan that has been in place for more than ten years at Wits. FALF intends to create a cohort of no less than 100 (One Hundred) Chancellor’s Fellows in the first five years.
The Wits Foundation Trust shall be principally responsible for receiving, managing and dispersing funds raised for the FALF Programme in accordance with all applicable laws, it’s PBO status, and in a manner consistent with the ethical and transparency standards expected from a PBO of this nature, and shall promptly issue the relevant section 18A tax deductible certificates to FALF in the prescribed form once the Funds are disbursed to the qualifyingAcademics.
Funds raised for the Project will be deposited and held in a WF’s Investment Endowment Fund and WF shall prepare financial accounts and account separately to the FALF board as to the investment and management of the Funds by WF.
The number of academics that the FALF programme will support will depend on funds raised and support required by each academic during its tenure. The programme will undergo a five-year review through an independent evaluation process.