Community Trust Administration

Banner image for community trust

Trust Administration for a large international client’s IPP project which is an on-going project. The high-level scope of works includes conducting a Community Needs Assessment, Community Development Plan and the annual budget thereof, Trust Administration establishment and management thereof. 

Activities for the Trust establishment include the development of:

  • Annual budget
  • Trust fund management policies and procedures

Activities for the Trust Administration include:

  • Managing bank accounts, dividend payments and payments to beneficiary projects
  • Management of annual audits and statutory SARS submissions
  • Review of Trial balance and annual financial statements
  • Secretarial duties including meeting planning and minute taking, updating and maintaining governance documents, general documentation preparation and record keeping
  • Communications and submissions to the Master of High Courts, stakeholders, and Trustees
  • Statutory registrations
  • Trustee appointments and resignation support
  • Coordination of applicable procurement processes and general administration support to Trustees
  • Handling social grievances
  • Reporting to various stakeholders