Communal Property Associations and Trusts that operate under the Land Reform Programme are invited to apply for the Vumelana Governance Award 2016 The closing date for submitting applications has been extended to 12h00 on 25 November 2016. WHAT IS THE AWARD? Awards will be made to organisations that best demonstrate good governance practices. Prize money: First prize R200 000 Second prize R100 000 Short listed applicants will be independently assessed. The prize money awarded must be used for the purposes indicated on the application form. The awards will be made at the sole discretion of the Vumelana Advisory Fund. Completion of the application form does not commit Vumelana to make any award. The application form must be completed in English. WHO CAN APPLY? Applications will be considered from organisations that have benefitted from the Land Reform Programme and are registered under The Communal Property Associations Act No. 28 of 1996, or The Trust Property Control Act 57 of 1988. Applications Form Vumelana Governance Award - Rewarding excellence in Communal Property Institution Governance WHY THIS AWARD? This award is given to encourage good governance practices by Communal Property Institutions. Effective governance of these bodies are vital for the wellbeing of their members and requires: Ensuring that the CPI is properly constituted with an approved constitution, that properly elected governing structures are in place, and that AGMs are held and well attended. The members and membership rights and obligations and policies for member management are well defined. Policies and procedures exist to guide the administration and operation of the CPI. Financial management systems are managed in accordance to policies and procedures and that management accounts and audited annual financial statements are produced. Having the capacity to administer the property and other resources under its control through an effectively organised and managed office. HOW CAN WE APPLY? Please complete as much of the information on the attached applications form as you can. If the information is not available leave the space blank. Vumelana will request copies of supporting documentation such as the constitution, financial statements etc. should your application be shortlisted. Completed forms should be submitted to Vumelana either via email or fax: Email to: [email protected] Fax to: 086 6048 212 If you have any queries please contact: Lisa Herbst on 011 612 2000. The closing date for submitting applications is 4 November 2016 Applications Form Vumelana Governance Award - Rewarding excellence in Communal Property Institution Governance VUMELANA GOVERNANCE AWARD 2016 APPLICATION FORM SECTION A: GENERAL INFORMATION How did you learn about the Vumelana Governance Award? City Press Sunday World Sunday Times Informed by the local DRDLR office Other (please specify) Organisation information Name of organisation Type of organisation CPA or Trust When was the organisation registered Registration number of organisation Physical address of the organisation’s office Chairperson details Full name Date appointed Phone number Fax number Email address Details of person completing the application Full name Position and date appointed Phone number Fax number Email address General Does the land in question fall under the Restitution Programme, Redistribution Programme or Tenure Reform Programme How many households are beneficiaries of the Trust or the CPA? Applications Form Vumelana Governance Award - Rewarding excellence in Communal Property Institution Governance SECTION B: CPI GOVERNANCE Constitution Yes / No Does the CPI have an approved constitution? Date approved AGM Has the organisation held an AGM in the last 18 Yes / No months? Date of last AGM Financial Controls Has the organisation produced financial Yes / No statements in the last 18 months? Date of last financial statements SECTION C: MOTIVATION Provide a brief motivation of why this CPI should be considered for this Award? Attach a motivation of not more than 1 page. The motivation can refer to examples of the CPI’s governance achievements to date. SECTION D: USE OF PRIZE MONEY Indicate how the CPI will use the prize money? Attach an indication of the intended use of the prize money of not more than 1 page. This should, for example, describe how the organisation will improve governance, organisation, management, accounting, policies, reporting or other matters with the funds if awarded. SECTION E: FINANCIAL CONTROLS Include a note on the financial controls Include a note on the financial controls. Indicate what financial controls are in place to ensure that prize money is effectively controlled. SECTION F: PREVIOUS WINNERS If you are a previous winner of the Vumelana Governance Award, indicate how being a recipient of the Award has improved your governance. Include a note on the improved governance. Signature: CPI Chairman
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