Acc name: | Mitchell's Plain Bursary Role model Trust |
Bank: | RMB Private Bank |
Type: | Cheque account |
Account no.: | 62615881423 |
The Mitchells Plain Bursary and role model trust is a South African registered Public Benefit Organisation (PBO) in terms of both section 30 and 18A of the Income Tax Act. A PBO which is recognised under section 18A is entitled to issue receipts to South African donors under section 18A(2). Armed with those receipts, the donors can treat their donations to the PBO as tax-deductible expenses (thereby effectively only paying sixty (60) percent of the face value of the donation).
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The Mitchell’s Plain Bursary and Role Model Trust provides financial assistance to deserving learners from Mitchell’s Plain who study at a registered tertiary institution such as a university, university of technology, college or FET college. The Trust currently provides assistance with registration fees and partially cover tuition to a maximum value of R25 000. In 2015 the Trust allocated R1 million in financial assistance to 82 students who are in their first, second and third year of study. R25 000 has been allocated to students in 2018.
Your company can really make a difference in young peoples’ lives by making a donation to the Mitchell’s Plain Bursary and Role Model Trust. Not only will the individual learners and South Africa as a whole benefit, but so will your company:
We select candidates who have achieved consistent academic performance and are motivated and focused on achieving their study and career goals.
100% of your donation will go directly to the financial needs of deserving, recommended students.