Back to the home pageStatement of Activities
During 2025, the TNF continued to prioritise mission- driven impact through targeted programme implementation and strategic grant funding. The financial outcome reflects planned investments in key initiatives, supported by responsible stewardship of resources and a continued focus on organisational sustainability
INCOME
| 2025 | 2024 | |
|---|---|---|
| Unrestricted | 44 234 637 | 49 915 104 |
| Restricted | 5 380 225 | 3 527 160 |
| Total Income | 49 614 861 | 53 442 264 |
EXPENDITURE
| 2025 | 2024 | |
|---|---|---|
| General Administration | 4 389 383 | 3 594 260 |
| Programme Support | 6 266 159 | 7 069 410 |
| Direct Programmes | ||
| Khulani Nathi Innovation Fund | 13 547 674 | - |
| Education Changemakers | 6 200 106 | 3 477 782 |
| Direct Programme Salary Costs | 5 604 886 | 2 751 577 |
| Psychosocial Support | 2 569 915 | 713 908 |
| Literacy | 2 183 935 | 1 741 732 |
| Value-Based Leadership | 1 454 624 | 1 567 835 |
| Career Guidance | 1 395 307 | 1 519 642 |
| Digital Skills, AI & Robotics | 1 439 352 | 2 256 558 |
| Inclusive Education | 1 086 383 | - |
| Infrastructure (Faranani) | 881 091 | 16 468 500 |
| Ecosystem Enablement & Sustainability | 912 314 | 476 895 |
| Total Direct Programmes | 37 275 587 | 31 975 865 |
| Total Expenditure | 47 931 129 | 42 639 535 |
| Net Surplus / (Deficit) | 1 683 732 | 6 340 294 |
EXPENSES BY FUNCTION
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Direct Programmes | 77,8% | 75,0% | - |
| Programme Support | 13,1% | 16,6% | - |
| General Administration | 9,2% | 8,4% | - |
Overview: Income, Expenditure & Net Surplus
Comparative summary in South African Rand (2024 vs 2025)
20242025
Scroll into view to render chart...
Expenses by Function (% Share)
Proportion of expenditure allocated across programmatic and operational functions
20242025
Scroll into view to render chart...
Direct Programmes Expenditure
For the year ended 31 December 2025
| 2025 Actual (ZAR) | 2025 % | 2024 Actual (ZAR) | 2024 % | |
|---|---|---|---|---|
| Khulani Nathi Innovation Fund ★ new | 13 547 674 | 36,34% | - | - |
| Education Changemakers | 6 200 106 | 16,63% | 3 477 782 | 10,88% |
| Direct Programme Salary Costs | 5 604 886 | 15,04% | 3 438 577 | 10,75% |
| Psychosocial Support | 2 569 915 | 6,89% | 713 908 | 2,23% |
| Literacy | 2 183 935 | 5,86% | 1 741 732 | 5,45% |
| Value-Based Leadership | 1 454 624 | 3,90% | 1 567 835 | 4,90% |
| Career Guidance | 1 395 307 | 3,74% | 1 519 642 | 4,75% |
| Digital Skills, AI & Robotics | 1 439 352 | 3,86% | 2 088 168 | 6,53% |
| Inclusive Education ★ new | 1 086 383 | 2,91% | - | - |
| Infrastructure (Faranani) | 881 091 | 2,36% | 16 468 500 | 51,50% |
| Ecosystem Enablement & Sustainability ★ new | 912 314 | 2,45% | - | - |
| Monitoring & Evaluation ⚑ | - | - | 314 437 | 0,98% |
| Total | 37 275 587 | 100,00% | 31 975 865 | 100,00% |
Direct Programmes Expenditure (2024 vs 2025)
Key programme investments comparing 2024 Actuals and 2025 Actuals (in ZAR)
2024 Actual2025 Actual
Scroll into view to render chart...
* Note: Infrastructure (Faranani) reflected major capital phase completion in 2024 (R16.47M). Khulani Nathi Innovation Fund (KNIF) launched in 2025 with R13.55M committed.