The Ubuntu Education Fund is dedicated to helping impoverished children in Port Elizabeth, South Africa with getting their own education in order to find an improved life. The Ubuntu Fund was created by CEO Jacob Lief and it has seen some enormous growth over the years thanks to hefty investments from chairman Andrew Rolfe and the rest of the Board of Directors. Still, the Ubuntu Fund has hit its limit and Lief was aware that things needed to change. Let’s take a look at how the Ubuntu Education Fund has evolved over the years into the new ‘Ubuntu Model’.
Jacob Lief was speaking at the World Economic Forum when he came to a startling realization. Despite the amount of money pouring in via donation, most of it wasn’t getting to where it needed to go. That is to say, despite Andrew Rolfe and Jacob Lief working hard their donations weren’t actually helping these poor South African children. The reason? The money was getting caught up in red tape, stuck in benefactor requests, and completely incapable of getting to the right spots. Something had to change, so Jacob Lief went to Andrew Rolfe and the rest of the board members in order to try and change things up. This led us tot he Ubuntu Model.
The Ubuntu Model was pioneered by Andrew Rolfe and Jacob Lief. The focus here is on accepting donations solely from benefactors who realize the need for creative freedom with said money. The Ubuntu Fund is now focusing solely on donations from wealthy benefactors and solid family foundations. The reason being is simple: these benefactors know that they can be a little more free with their money and thus allow the Ubuntu Fund freedom in return. Having money come through that isn’t caught up in earmarked requests means that the Ubuntu Foundation can actually work to make the changes they believe to be most important.
Andrew Rolfe has played a huge part in the growth of the Ubuntu Fund since his involvement began in 2011. Rolfe has personally donated $100,000 to the fund — helping first hand to see progress for the children of Port Elizabeth.