Overview

What is a Trust?

Trusts are usually established by one or more parties for the benefit of another party/beneficiary (or beneficiaries) and involve: the Founding Trustees (parties or donors who create the trust), Nominated Trustees (who hold and manages property for the benefit of the grantor and others), and one or more Beneficiaries (who are entitled to the benefits).



What is ACT?

ACT is the oldest funding agency in democratic South Africa. It was established to secure financial and other resources for arts, culture and heritage; and to project the needs and role of the sector into the public domain.



Vision

To establish a self-sustaining perpetual fund for the development of arts, culture and heritage in South Africa.



Mission

To attract and provide funding for the sustainable development and growth of the arts, culture and heritage in South Africa, actualised through mutually beneficial partnerships between the corporate, public and cultural sectors focused on making a positive difference to the lives of all South Africans.



Operations

In line with the terms set out in the ACT Deed of Trust as regulated by Trust Property Control Act 57 of 1988, ACT has been established for the benefit of all South Africans for:



Due regard is given to ensuring a spread of projects across all the cultural and artistic disciplines including but not limited to arts administration, arts education, community art, festival, heritage, craft, fine art, dance, music, theatre, literature, multi-disciplinary, and new media. More than just a funding agency, ACT is a proactive proponent of the arts in South Africa. Annual ACT Awards for example, recognise the significant contributions made by communities, artists, administrators, educators and journalists towards the development and advancement of arts and culture in South Africa.



External Evaluation of ACT (2002-2007)