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Upon termination of operations in South Africa, they must transfer the assets of the South Africa branch to a local PBO, organ of state, or designated institution if more than 15 percent of the branch's receipts and accruals (earned during the three years preceding the termination) were derived from a source within the Republic (Income Tax Act Section 30(3)(b)(iiiA)). Understand you must insure your workers. You will need to do this if you want to open a back account in the name of the project, which is preferable if you are managing other people/s money. The Fund-Raising Act 1978 controls the collection of funds from the public, and is administered by the Minister of Social Development. A non-profit organisation is a trust, company or other association of persons that is started to assist the needy or disadvantaged. How often does their board (committee) meet? Consult an Attorney or Chartered Accountant. Visit FundRaising Success for an article on "Four Steps to Creating a Strong Fundraising Board" By David H. King. Do I need a fundraising number in order to raise funds? It is not just a straightforward description of the institution. NPO Act? Perhaps it would be beneficial to identify a suitable person to be trained as a fundraiser. Do I need to register with SAIF in order to raise funds? Registration as an NPO is done through the Department of Social Development, NPO Directorate, Pretoria (012 312 7500) - http://www.dsd.gov.za/npo/, See www.paralegaladvice.org.za for valuable information regarding the starting up of an NPO and the difference between the various options. What are the legal implications? Lists of Donors/companies/ trusts, etc, go to www.papillonpress.co.za, which has all info on donor directory service. You are not allowed to hold back any fees raised on behalf of a client. Louise Batty came to South Africa from Australia in 1999 and returned as a volunteer with the Department of Health. It enhances the organisation’s public image. What Are the Legal Requirements for Starting a Business? Those organizations generally have a good method of checking the legality of an organisation. It determines and monitors the organisation’s programmes and services. The Director may appoint inspectors whose function is to investigate – either generally or in a particular case – the affairs of any organisation which collects contributions from the public. The lottery must be conducted only in the Republic of South Africa. Where can I lookup such info? A ‘contribution’ is considered to be money, and any property, which can be converted into or exchanged for money, and which is not transferred in fulfilment of an enforceable obligation, or which gives rise to a right to claim anything other than participation in a game or competition (e.g. Charity law in South Africa is broadly classed under the heading of "welfare". SAIF does not approve of commission based fundraising. This is a society lottery. If a person collects contributions, and for which he is remunerated, he may not publish any advertisement or notice (for that purpose) unless it states: clearly, and in a prominent position, that the collection is for remuneration; the places at which, and the times when, his written agreement with the particular fund-raising organisation may be inspected; and. We could help them using our own resources but they have to commit a portion of funds raised to meeting our costs. Where can I get support, network and get inspiration as a fundraiser? Finance, Fundraising and Administration Policy Version 3 2015/06/30 pg. What are the fundraising responsibilities of board members? The people we will serve are not in a position to pay for this help. Running a fundraising event for a charity can be enormously rewarding as you raise money for a worthy cause. South Africa: Mining Laws and Regulations 2021. Proposed Degree: LLM (Corporate Law) Department: ICLG - Mining Laws and Regulations - South Africa covers common issues in mining laws and regulations – including the acquisition of rights, ownership requirements and restrictions, processing, transfer and encumbrance, environmental aspects, native title and land rights – in 15 jurisdictions. Perform a much-needed function in our increasingly financially-challenged Society ( 8 ) read Section. Mutual agreement old fundraising Act has been repealed and under the new Consumer Act. 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