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GOVERNORS AND TRUSTEES
The Board of Governors is responsible for maintaining accounting records and preparing financial statements in accordance with South African Statements of GAAP. The auditors are responsible for reporting on the fair presentation of the financial statements. In addition, the Board of Governors is also responsible for the Foundation's system of internal financial control. These controls are designed to provide reasonable assurance as to the reliability of the financial statements; to safeguard, verify and maintain accountability of the assets; and to prevent and detect misstatement and loss. The financial statements are prepared on the going-concern basis, since the Board of Governors has every reason to believe that the Foundation has adequate resources in place to continue in operation for the foreseeable future. The Governors and Trustees are featured below: [Names marked with an asterisk are trustees as well as board members]
	Mr Michael Bashe BCompt Hons, CTA AdvTaxCert (Unisa), Professional Master of Banking (Louisiana State University), Higher Diploma in Financial Markets and Instruments. Managing Director, Eskom Finance Co (Pty) Ltd.
	Mr AI Basserabie BSc (Witwatersrand) FIA ASA FILPA, Strategic business consultant, director of companies. Chairman Torah Academy Scholarship Fund. Awards include MRF Insurance Man of the Year - 1988, Jewish Business Achiever of the Year - 1998, Institute of Marketing Man of the Year - 1998. BSc (Witwatersrand) FIA ASA FILPA, Strategic business consultant, director of companies. Chairman Torah Academy Scholarship Fund. Awards include MRF Insurance Man of the Year - 1988, Jewish Business Achiever of the Year - 1998, Institute of Marketing Man of the Year - 1998.
	Mrs E Bradley * BSc (OFS) MSc (Land), Executive Chairman of Wesco Investments Ltd. Chairman of Toyota SA (Pty) Limited. Director of Companies. Chairperson of Trustees
	Mr CB Brayshaw * CTA (Witwatersrand) CA(SA) FICA (Eng, Wales), former managing partner of Deloitte Pim Goldby, and former Chairman of Deloitte and Touche. Non-executive Chairman of Coronation Investments and Trading Limited and a non-executive director of a number of companies including Datatec Limited, Highveld Steel and Vanadium Corporation Limited adn Johnnic Communications.
	Mr David C Brink BSc(Eng), MSC(Eng) (Witwatersrand) CertBusAdmin (LSE) GradDip Company Direction (GIMT) Hon DCom (UPE); Deputy Chairman ABSA Group Ltd and ABSA Bank Ltd. Director of BHP Billiton Ltd and plc, Sappi Ltd. Past Chairman of Denel Ltd. Vice-President of the South African Institute of Directors. Co-Chair of the Business Trust. Past Director of Industrial Development Corporation, past President of SEIFSA, Business South Africa and the South Africa Foundation. Wits Business School Management Excellence Award. Harvard University Business School "Statesman of the Year" Award.
	Professor Loyiso Nongxa* BSc(Hons) (Fort Hare) DPhil (Oxon), Vice-Chancellor and Principal of the University of the Witwatersrand. First African in South Africa to be awarded a Rhodes Scholarship. South African Harvard Fellow. Member of Rhodes Scholarship Selection Committee. SAUVCA Research Committee.
	Mr A Romanis* CA (UK), former Managing Director and Vice Chairman of Liberty Life Group. Director of companies. Among previous directorships - Standard Bank Group, South African Breweries, Liberty International plc.
	Prof BLW Sparks K StJ MB BCh(Witwatersrand) MFGP(SA) MRCG (UK), FRCGP(Hon) Professor and Head of Department of Family Medicine Wits Medical School.