Donations
SAC has now extended into a public movement to better engage with our community and to direct specific fundraising efforts in support of programs and initiatives that will benefit the youth.
Donations
SAC has highlighted priority areas requiring funding. Donors can choose the cause that they wish to support from among the priority areas. Donors are encouraged to support the student education database academy to ensure that the organisation has funds in reserve for future youth projects. To make a monthly or once off contribution click on the relevant link below:
Ways to Give
There are various ways to get financially involved at SAC. You can make a personal donation, corporate donation, or leave a bequest.
Personal Donations
Donations can be outright gifts in any amount paid in cash, cheque or credit card. A donation may also be “in kind”. Our easy to use online giving platform makes donating safe and secure. Your donation is handled by EasyPay, PayFast GivenGain, PayGate, Zapper, PayPal, and SnapScan are secure payment gateways to process online donations.
- To donate via our online form click HERE or from the safety of your own internet banking account via electronic funds transfer.
Bursaries
SAC requires funding beyond what government can give so that it can be successful in attracting the very best student talent.
On average a TVET National Certificate student needs R60, 000 p.a. (for an average of 18 Months) for tuition, accommodation and living expenses.
And a minimum of R95, 000 (for an average of 24 Months Certificate or Diploma Program) for tuition, accommodation and living expenses.
On average an undergraduate student needs R115, 000 p.a. (for an average of 3 years) for tuition, accommodation and living expenses.
On average a postgraduate student requires a minimum of R95, 000 p.a (master’s level) and more at PhD or postdoctoral level.
- Contact admin@sac.org.za or Free Call 0800 014 569 or Whatsapp +27 76 541 5740
International Donations
Donations can be outright gifts in any amount paid in cash, cheque or credit card. In the USA and UK there are options for donating to SAC in a tax friendly way. The full Rand value of your bequest is deductible in determining your net estate duty liability. To donate via GivenGain choose one of the following options:
- I live in the USA
- I live in the UK
- I live Asia
Bank: First National Bank; Bank address: Johannesburg Town; Account Name: Students Application Centre; Account Number: 62897024693; Branch Code: 250655; S.W.I.F.T. address: FIRNZAJJ (Send proof of payment to Steven: accounts@sac.org.za
Corporate Donations
Corporate donations can take place via your company’s corporate social investment policy, sponsorship or as a philanthropic donation (philanthropic donations have tax benefits). Our development staff will advise you on the tax implications of each strategy. Tel: + 0800014569 or +27 76 734 9419)
SAC Corporate Social Investment (CSI) Projects
SAC will convert all donations received for CSI into tangible and measurable outputs. Our Development Officers are actively seeking for partners to fund community-based projects.
Organisations and individuals looking for a strategic partner to engage in responsible community projects are encouraged to contact us.
Gift in your will
You can make SAC a beneficiary in your will by bequeathing cash, shares or any other form of property to SAC. The full Rand value of charitable gifts in your will is tax deductible and can reduce your estate duty liability significantly.
Making a bequest is easy – simply draw up a new will or add a codicil to an existing will.
Your Tax Break
Currently, estate duty is levied at a rate of 20% on assets exceeding R3, 5 million in your estate at the time of your death.
One way of minimising your estate duty liability is by making a bequest to SAC. Charitable gifts of this nature are deducted from the value of the estate before estate duty is calculated.
Please remember to update your will regularly to keep pace with changes in your personal life and in legislation