In short its all about funding ... All money received is accounted for and SARS Section 18A receipts can be issued. Cash donated can be claimed back ...
A taxpayer (individual, trust or company) making a bona fide donation in cash or of property in kind to a section 18A approved organisation, is entitled to a deduction from taxable income if the donation is supported by the necessary section 18A receipt issued by the organisation ..... Read More
SARS Tax Exemption Unit on +27 12 483 1700
SB ZAZA JJ
Standard Bank confirmation letter:
Without our set of current supporters what we do would simply not be possible. So many broken hearts and promises... We will be and are indented to the corporations and friends listed below.. Thank you but please keep us afloat ... So many dream depend on it ...
Altech Auto Page
BMW South Africa
Carl & Emily Fuchs Foundation
Sizwe Ntsaluba Gabodo