JB Marks Education Trust Fund

The JB Marks Education Trust Fund was formed in 1997 by the National Union of Mineworkers (NUM), as a means to address the need for empowering NUM members and dependents of NUM members, specifically those studying towards qualifications in the construction, mining and energy sectors.

The Trust was named after John Beaver Marks, a South African activest and leader and strong believer in empowerment and emancipation for workers via education. The Trust’s mission has always been to fund the educational expenses of its members and since its inception has funded over 1000 bursars and awarded over R280 million to more than 2000 beneficiaries.

Most of the funding is received from the Mineworkers Investment Trust (MIT) via Mineworkers Investment Company (MIC) dividends.