Max the benefit of your donations this tax season

tax benefits

There is less than a month to tax-year end on 28 February. If you haven’t taken full advantage of the tax-deductible amount you’re donating to charitable causes, then now is the time to do so.

Maximising your donation now will not only save you tax: it may also allow you to increase the amount you donate and benefit others you sponsor even more.

How you can help us fund Africa’s future leaders

You can take advantage of the tax benefits available by donating to the GSB Foundation before the end of February in two convenient ways:

  1. Make a once-off donation via our secure online donation portal. Donate now
  2. Become a regular donor making recurring contributions by signing up for the R100-a-month campaign. You could also pay R1200 or more for the full year up front to boost your tax benefit. Donate now

Your tax benefits

If you are registered for tax in South Africa, you could stretch your donation further by donating up to 10% of your annual income without paying a cent of tax on it. We will also give you a tax certificate to present to SARS, as we are a registered Public Benefit Organisation.

Other countries where you can donate to the GSB Foundation with tax benefits include Australia, Belgium, Canada, France, Germany, Ireland, Spain, Switzerland, the UK and the USA. Benefits vary from country to country, read more here.

For more information on any of the above ways to donate and the particular tax benefits for the country where you pay tax, please email us at [email protected]

Foundation welcomes the 2018 GSB MBAs

Raymond van Niekerk addressing the GSB MBA'lers of 2018

The incoming GSB students of the MBA Full-time 2018 and Modular 2018/19 were treated to a lively, entertaining and somewhat different introduction to the MBA programme by Raymond van Niekerk, member of the GSB Foundation’s Board of Trustees.

Raymond, having done the GSB MBA in 1996, shared his views and tips on how students can get the most out of the programme. There were funny snippets, for example how to survive the legendary Sunrise Challenge (a tradition among MBA students at the GSB). There was also well-meant advice, such as appreciating the diversity of students attending the programme – you work with people from different backgrounds, with different experiences and perspectives. Interacting in class or working together on assignments is, sooner or later, bound to challenge one’s usual approach and spark new ideas; students should leverage this to the max as there is a lot to be gained. Last but not least – connections and friendships will be forged in the year ahead that will last well beyond the programme.

On behalf of the Foundation board and team: A warm welcome to all new students on campus and we look forward to engaging with you in future!

MBA Mod Class of 2006: Philippi Village Project

Modular MBA 2006 Class Alumni Campaign

The MBA Modular Class of 2006 has launched a campaign to provide the GSB Philippi Village campus with a video link back to the main campus at the V&A Waterfront.

The idea was conceived at their 10-year reunion in December 2016, where the class challenged themselves to leave a legacy to the GSB. After visiting the Philippi Village campus, members of the class were highly impressed with the facilities and what they offer, and noted the need for a dedicated video link back to the main GSB campus to bring the school’s world-class teaching directly into the Philippi community.

Says class member and campaign co-ordinator, David Crewe-Brown, “It is an incredible facility and they have had great success already with multiple small businesses running using this [GSB Philippi Village campus] as a base”.

Visit the campaign page and get involved!

I’m currently studying for the MBA…

GSB Foundation Scholar Ntsikakazi Hene

Ntsikakazi “Kiki” Hene / GSB MBA 2017 student and GSB Foundation Scholar // I’m currently studying for the MBA and I noticed that until someone tells you “Go and do this assignment on this particular topic” you always just learn or read what you are comfortable with – you won’t actually expose yourself to other things that are going on around you; and I think that’s what the MBA taught me, to look beyond and not just to keep looking at what I know or what I’m comfortable with.

Epic Scholarship update…

GSB Foundation News and Opinion

Mervyn Christoffels, champion Epic Scholarship with his entry in this year’s Cape Epic race, says that yesterday’s Prologue stage started early which meant cooler riding conditions. However, it is extremely dry which meant very loose surfaces and plenty of riders falling…including the legendary Joel Stransky who is now out of the race. Today the actual Epic begins and “it is going to require discipline [to] ride within our limits” says Mervyn. Follow Team GSB Foundation’s progress here.

You only realise the value of an MBA later…

Team GSB Foundation for the Cape Epic 2017 - Mervyn Christoffels and partner

Mervyn Christoffels / GSB MOD MBA ’06, Executive Director ICT Systems at the University of South Africa and champion of the GSB Foundation’s Epic Scholarship // You only realise the value of an MBA some time after you have completed it. It can be a significant change agent, taking you out of your comfort zone. You have to toughen up to thrive – and you either take on the challenge or not. Yes, doing the course is definitely about acquiring key management skills but they only really count when they become part of your DNA, allowing you to deal with whatever comes your way.

Given what the GSB has done for me…

Peter Thorrington-Smith / GSB MBA ’69, Co-Founder of UTi Worldwide // Given what the GSB has done for me, it’s great that there is now a fund to which I can contribute to in order to express my thanks – and a fund that will allow bright and inspired entrepreneurs without the necessary financial resources to enjoy the GSB experience and make a difference in the world. There is no doubt that this can be a life-changer for talented young men and women.