FNB Private Wealth's Philanthropy Centre experts will work with you to accomplish maximum impact with your social investment, in order to attain your philanthropy goals.
Call: 087 736 5905
Email: philanthropycentre@fnb.co.za
Establishing a private foundation trust is one way in which families can create a lasting legacy. We will help you set up a private foundation trust and ensure compliance with all necessary regulatory and legislative requirements.
What is important is to see your gratuitous giving benefitting both the communities and the causes that you seek to support through a structured social investment and achieving your philanthropy objectives well into the future.
We will assist you to apply for the relevant tax exemptions and registration as a Public Benefit Organisation (PBO).
We can serve as the operational office for the administration of your foundation trust, identify and approve causes/organisations and monitor and report on the utilisation of the grants/donations.
We work with you to optimise your giving.
For Public Benefit Organisations (PBO's)
We assist existing Public Benefit Organisations (PBO's) to comply with relevant legislative requirements. We can serve as the operational office for the administration of your public benefit activities, identify and approve causes and Non- Profit organisations, monitor and report on the utilisation of the grants/donations. All approved causes and NPO's will undergo the necessary due diligence process.
For Non-profit Organisations (NPO's)
We also work with Non-Profit organisations in fulfilling their public benefit activities. A Non-Profit Organisation can be associations, charities, corporates, and other voluntary organisations formed to further public service objectives. We assist these organisations to comply with relevant legislative requirements including tax exemptions approval. We assist them in identifying and matching donors. We work with the NPO's to monitor and report on the utilisation of the grants/ donations.
South African companies are playing a significant role in the societal transformation through their Corporate Social Investment (CSI) initiatives. CSI encompasses projects that are external to the normal business activities of a company\ and are not for purposes of increasing company profit. Having a Socio-Economic Development (SED) structure enable CSI initiatives to be more effective and impactful. A company's funding of Corporate Foundations trust will qualify for SED points, distributions to beneficiaries can only be made after careful consideration and due diligence of the intended beneficiaries.
These projects are developmental in nature and utilise company resources to benefit and uplift communities. We assist corporates who have existing CSI programmes or who want to set up such structures with, effective administration, governance, facilitated due diligence of beneficiaries and approval, monitoring and reporting.
Our team of experts at Private Whealth's Philanthrophy Centre offer the following service:
Through our fund and wealth management specialist we will optimise donor capital ensuring that the short-term liquidity of organisation and long-term capital growth is achieved, by:
Our Philanthropy Centre's team of experts can ensure results. They are equipped to set up, manage and maintain your philanthropic goals. Here is a bit more information on the service we offer.
