Allan & Gill Gray marshal R180m in fight against Covid-19
R50m will go to the Solidarity Fund, and a further R50m will help small businesses via the SA Future Trust
Philanthropies associated with SA’s most famous investor, the late Allan Gray, and his wife Gill, have contributed R180m to be deployed in a variety of ways to fight the fallout of the Covid-19 pandemic.
“We realised this is an all-pervasive pandemic, so we decided to address the humanitarian as well as economic consequences. At one level, we wanted to avoid duplicating systems, so we have decided to donate to the Solidarity Fund and the SA Future Trust (SAFT), respectively, in addition to utilising our existing competence in education to help better understand the effect of the pandemic,” said CEO of the Allan & Gill Gray Philanthropy in Africa, Anthony Farr. ..