Abraham Kriel - BBBEEE Benefits Donors

BBBEE - What is in it for you?

Donations to Abraham Kriel Childcare can earn your company valuable points on the Socio-Economic Development element of BBBEE. This is because more than 75% of the beneficiaries of Abraham Kriel Childcare are black and previously disadvantaged. It is also because all the expenditure of Abraham Kriel Childcare has as its eventual aim to empower children to become economically viable adults.

The racial profile of beneficiaries is not deliberately managed by Abraham Kriel Childcare, but our focus on reaching some of the most desperately needy children, orphaned by HIV/Aids, has led to this reality. The situation is also not entirely static, but the percentages have varied between 76% and 83% in the last year.

To get these points you need the following:

A section 18/A tax receipt from Abraham Kriel Childcare to prove that you did pay a bona fide donation.
A letter signed by the chief Executive of Abraham Kriel Childcare, stating the beneficiary profile at the time of the donation.

WHAT IF?

What if you bought a painting at an auction during a fundraiser for Abraham Kriel Childcare or for that matter paid for tickets to attend the fundraiser?
We will not be giving you a section 18/A tax receipt as it does not qualify as a donation in the eyes of SARS.
We can give you a copy of our own BBBEE certificate, stating that we are a level 2 contributor to BBBEE, which means you can claim 125% of all you spent on us to earn points on the procurement element of BBBEE.

WHICHEVER WAY YOU LOOK AT IT, YOU CANNOT LOOSE BY SUPPORTING ABRAHAM KRIEL CHILDCARE. THE BEST OF ALL THOUGH IS THAT THE CHILDREN WIN ALL THE WAY INTO A BETTER FUTURE

For more information, click here.

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