Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any person who holds property, authority, or a position of trust or responsibility for the benefit of another. A trustee can also refer to a person who is allowed to do certain tasks but not able to gain income. Although in the strictest sense of the term a trustee is the holder of property on behalf of a beneficiary, the more expansive sense encompasses persons who serve, for example, on the board of trustees of an institution that operates for a charity, for the benefit of the general public, or a person in the local government.
The Sugar Industry Fund for Education is a Non-profit organisation managed by Trustees. These Trustees manage the Trust Fund out of goodwill and do not gain income for services rendered.
The Sugar Industry Trust Fund for Education (SITFE) was launched in 1965 as a private sector initiative and is regarded as one of the oldest Trust Funds in South Africa. The mission of SITFE is to support, promote and advance sustainable, quality education in South African sugarcane growing areas.
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