The EABL Foundation was established and launched on June 30th, 2005 to spearhead community investment efforts given:

• Board resolution committing minimum 1% of profits after tax towards Foundation Activities.
  
  
• The engagement of PricewaterhouseCoopers, to serve in the capacity of advisory partner.
  
  
• The hiring of a qualified and experienced EABL foundation manager to oversee the effective running of the foundations activities.