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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Trevor Manuel, who served three South African Presidents as Minister of Finance and later was Minister in the Presidency for the National Planning Commission, is the Founding Patron of the Mitchell’s Plain Bursary and Role Model Trust. You can read about how the Trust came into being here.
He continues to play an extremely committed, hands-on role in the activities of the Trust, and knows each and every beneficiary and their background personally