Tax season is the best time to maximise your tax deductions and give back. By making a donation to the GSB Foundation, you can support our work and reduce your taxable income at the same time. We call that a win-win!
Donations allow you to help build better futures through education. By contributing to the GSB Foundation, you create opportunities for aspiring MBAs who might otherwise be unable to pursue their dreams.
Last year, we were able to give such an opportunity to three beneficiaries – all of whom successfully completed the full-time MBA in December – with the help of donations to the Foundation. We are proud to say that Liz, Minaz and Vishal are also class leaders in terms of their achievements, gaining top student awards. They are ambassadors for the GSB and the Foundation and a shining example of our commitment to helping students focus fully on their studies.
With your support, you are making a lasting contribution to the future of Africa. Your donation will provide invaluable assistance and resources to GSB MBA students who have the potential for inspiring positive change in their home countries, this continent and the wider world.
We hope you will help us continue to build leaders building Africa.
On behalf of the GSB Foundation Board of Trustees
– – –
Who we are
The GSB Foundation was started in 2016 by the GSB MBA Class of 1969. To date, with the support of alumni and associates of the GSB, the Foundation has awarded scholarships for 22 students, helping them earn a world-class MBA.
How to donate
You can donate to the GSB Foundation in two convenient ways:
- Make a once-off donation: gsbfoundation.org.za/donate-now/
- Make a regular contribution for as little as R100 per month: gsbfoundation.org.za/get-involved/r100-month/.
The tax benefits of donating – from SA or overseas
As a registered Public Benefit Organisation (PBO), donations to the GSB Foundation are tax-deductible. Are you registered for tax in South Africa? If you are, you can claim an annual donation deduction of up to 10% of your annual taxable income. If you are registered in a country outside South Africa, you might also be eligible for tax benefits. See details here: gsbfoundation.org.za/tax-information/
Why give back?
The mission of the Foundation is: “Building leaders building Africa.” The scholarships allow the most talented students an opportunity to benefit from a world-class UCT GSB education, regardless of their financial circumstances. Our aim is to nurture a diverse leadership that can play a significant role in building the continent.
– – –
GSB Foundation Trustees: Kosta Kontos, GSB MBA 2009/10 (Chair); Stewart Cohen, GSB MBA 1969; Tiger Wessels, GSB MBA 1969; Dr Catherine Duggan, GSB Director; Ian Reid, GSB MBA 1993; Raymond van Niekerk, GSB MBA 1996. The GSB Foundation is registered in South Africa as a trust (IT002858/2015(C)) and non-profit organisation (169-125 NPO). It is registered as a Public Benefit Organisation (PBO ref. no. 930052029) in terms of Section 30(3) of the Income Tax Act No. 58 of 1962 and is approved for the purposes of Section 18A(1)(a) of the Act. The GSB Foundation is a Level 1 B-BBEE contributor.