The Ingwe Education Foundation is a non-profit company (NPC) which was formed in order to support the continued provision of high-quality education in the Upper Highway area, with a focus on Kloof High School.
The Foundation has been approved as a Section 18A public benefit organisation (PBO) to allow for donations to be tax-deductible in the hands of the donor. This deduction is up to 10% of taxable income. Any amount in excess of that 10% can roll over to future years. South Africa has reciprocity for 18A deductions with the UK and USA.
Ingwe’s accounts are subject to an external audit, and at present, administrative functions are performed by the business manager and admin staff of Kloof High via a memorandum of understanding (MOA) with the school.
Community Investment
The role of Ingwe is to attract donations from alumni, past and current parents, and potential benefactors, both locally and abroad. These donations will be used to fund scholarships, capital projects to enhance the school facilities and, in general, to promote education at Kloof High School.
Donors will have the opportunity to:
Provide a scholarship to fund learners
Contribute to a capital project either as a major donor with naming rights or as a part contribution to the project
Contribute to a project as a group, for example, the class of 19xx project
To fund development in a particular sphere of the school, for example – Academics, sport, or culture
Banking Details
Please use the following details for EFT contributions to support our scholarships and capital projects. Thank you for investing in the future of Kloof High School.
Bank
FNB
Account Name
Ingwe Education Foundation NPC
Account Type
Cheque
Account Number
63042813493
Branch Code
250 655
Branch
Kloof
Swift Code
FIRNZAJJ
All donations are tax-deductable under Section 18A
