Benefits of donating to UJ

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Whether you choose to give towards bursaries or another project, UJ is committed to good governance when administering funds on behalf of donors.

From inception, UJ has prioritised the need to provide financial and other support to its students, many of whom come from severely disadvantaged backgrounds. Today, UJ manages in the region of R600 million annually through its Financial Aid Office, and we manage bursaries for individual students on behalf of many companies. The Postgraduate School is responsible for postgraduate student bursary administration. Internal controls are in place to ensure that the selection of students awarded bursaries is fair, transparent and fulfils the criteria as given by bursary providers.

Thank You, your donation is in good hands and will go where you intend it to!

As a partner who invests in UJ’s projects and initiatives, your organisation can benefit from:

  • Access to UJ leading research and programmes
  • A possible reduction of tax liability, with UJ issuing the Section 18A Tax Certificate in terms of the Income Tax Act, for your donation towards the project
  • Possible eligibility for a Research and Development Incentive, through Section 11D, which allows a deduction equal to 150% of the expenditure incurred directly for Research and Development
  • Increased B-BBEE scorecard points
  • Enhancing your corporate social citizenship profile, recruiting talented professionals and expanding a marketing awareness to a prestigious target audience of UJ students, alumni and academics
  • Meeting your business and Corporate Social Investment (CSI) objectives

Tax Benefits

Bona fide donations qualify for tax rebates in terms of Section 18A of the Income Tax Act as amended

If you donate, as an individual, to a public benefit organisation such as UJ, it can result in you reducing your tax liability upon submission of their annual tax return. When you donate to UJ, we will ensure that you are issued with a Section 18A certificate to submit to SARS with your annual tax return.

Charitable donations from corporates have tax benefits too, and UJ will issue the organisation with a section 18A certificate on receipt of the contribution. Provided we have all the information required for the certificate, we aim to issue the certificate via email within 2 weeks of receiving the gift in our bank account. ​

Research and Development Incentive

Donations made toward Science and Technology Research and development may be eligibility for a Research and Development Incentive, through Section 11D. The main aim of this incentive is to encourage South African companies to invest in scientific or technological research and development. For more information on the Research and Development Incentive, visit the South African Revenue Service by clicking here.

Click here to complete the Section 18A Tax Certificate information form, should you require additional assistance please contact

Ms Cagney Govender at the UJ Development and Fundraising Office on (011) 559 6340

 

Increase your company’s BBB-EE score

In terms of B-BBEE scoring status, the three main sectors are categorised as, Socio-Economic Development, Supplier Development and Skills Development. UJ has a variety of worthwhile projects across these categories that you can invest in. All qualifying donations will receive a letter confirming the B-BBEE scoring status.

By investing in initiatives that increase in your company’s B-BBEE status, you will be able to bid for tender opportunities that require a high B-BBEE score.
By donating towards bursaries, corporates can increase their B-BBEE points by investing in the skills development of unemployed youths.
Private companies that engage in business with each other may also reap the benefits of being B-BBEE compliant through preferential procurement. Larger businesses are incentivised to do business with you because it improves their B-BBEE score.

 

Expand market awareness

There are numerous marketing, branding and PR opportunities when donating to UJ. UJ will use our media platforms to promote your brand by publishing news about your donation. Additionally, you can spread the word about your donation by posting on your social media platforms and your website.