30 October 2020 - NW2223
Waters, Mr M to ask the Minister of Sports, Arts and Culture
(a). What (i) is the total amount that was given by FIFA to the 2010 World Cup Trust, (ii) is the total amount that was spent on each specified project, (iii) was the nature of each project and (iv) is the name of each person who is a signatory to the account and (b) how were the projects approved?
This is the reply to both question number: 2162 and 2223.
The FIFA 2010 World Cup Legacy indicated the following. That;
a) (i) FIFA donated R450,762,816 to the Legacy Trust. The Legacy Trust held this amount in interest bearing bank accounts.
(ii) The total amounts spent on each project are shown on the Management report. See the attached management report as at the end of August 2020, prepared by the appointed independent financial platform performed by EY South Africa.
(iii) The following is the nature of each project
1. Funding for development projects as identified by SAFA: R392,433,691
2. Funding to SAFA regions : R45,755,000
3. Funding to SAFA Local Football Associations : R10,750,000
4. NGO Funding : R36,079,107
i. Funding to the 20 Football for Hope centres
ii. Funding to NGO’s that use football for social development
5. Bursary allocation to approved beneficiaries within football : R2, 569,886
(iv) The following are persons who are signatory to the account
1. Yusuf Carrim – 2010 FWC Legacy Trust manager
2. Mansoor Parker – ENSafrica (Edward Nathan Sonnenbergs Inc)
(v) The projects are approved as follows;
1. The Legacy Trust’s management team compiles the applications for grant funding which it presents to the Legacy Trust’s board of trustees, the highest decision making body within the Legacy Trust, for approval.
2. The Trustees consider the applications for grant funding and approve (with or without modifications) or reject these applications at their Trustees’ meetings.