Our goal is to alleviate poverty and to sustainably
improve the living standards of the poor,
unemployed and marginalised people.
- Patrice Motsepe and Precious Moloi-Motsepe
The Motsepe Foundation was founded in 1999 by Mr Patrice Motsepe and Dr Precious Moloi-Motsepe. In 2013 the Motsepe family were the first on the African continent to join the Giving Pledge, started by Bill and Melinda Gates and Warren Buffet. The Foundation was founded on the philosophy of ‘ubuntu’, the African concept of giving and caring for your neighbour and other members of your community. This selfless and compassionate quality is part of the age-old African culture and expresses the core value of humanity as goodness to our fellow men . The act of giving back has been and still is an integral part of our moral duty and collective responsibility. It is a concept that has held African families and communities together for generations, despite the continent’s many challenges. We are proud to pass it on to the next generation.
Over the last 30 years, worldwide absolute poverty has decreased sharply, from about 40% to under 20%. But in African countries the percentage has barely changed. Still today, over 40% of Africa’s sub-Saharan inhabitants live in absolute poverty. Against this backdrop, the Motsepe Foundation strives to reduce poverty through educational initiatives, job creation and by redressing inequality, with a specific focus on marginalised and rural communities. This commitment is also reflected in the Giving Pledge.