CORPORATE SOCIAL INVESTMENT:
FROM THE GOLDEN ARROW FOUNDATION TO THE HCI FOUNDATION
The Golden Arrow Foundation (GAF) was founded in 1993 as a way to give back to the communities served by Golden Arrow’s scheduled bus services. Having always taken great pride in community involvement the donation of 50% of the Company’s shares as a capital base for the newly formed foundation was merely the formalisation and extension of many years of philanthropic involvement. Following the acquisition of Golden Arrow Bus Services by Hosken Consolidated Investments (HCI) the Golden Arrow Foundation was incorporated into the HCI Foundation.
Since then the Foundation has continued to provide financial support to a number of community initiatives across a wide-spectrum including education and early childhood development, health and welfare and social development.
The last seven years have seen Golden Arrow’s Community Transport Support Project touch the lives of thousands of people across the peninsula. This specific project falls under the auspices of the HCI Foundation and functions as a partnership between the Foundation, Golden Arrow Bus Services, and the projects which deliver a variety of educational and recreational programmes to various communities. These programmes range from providing an opportunity for children from underprivileged communities to enjoy and participate in performing arts, heritage, sport and educational excursions; to providing visual arts lessons for teachers and children as well as extra maths and science lessons for school learners. The programme has proved so successful that it was awarded the 2009 BASA award in the Sponsorship in Kind category.
Golden Arrow’s Company Social Investment (CSI) efforts were also recognised by the National Department of Social Development and the CSI Registrar as being a “Level 3 Gold Contributor”. The certificate of recognition “commends and honours Golden Arrow for the continued compassion and generosity demonstrated in assisting those least fortunate of Our Nation”.