Donations to non-profit entities may carry a tax benefit for the donor – the hallowed section 18A certificate. This allows the donor to claim a tax refund and encourages donations. Non-profit entities that are Public Benefit Organisations (PBO) can issue these certificates. PBO status is granted by the South African Revenue Service (SARS) under the … Continue reading
You are both. And neither. The charitable sector is peppered with acronyms whose correct usage is not always fully appreciated. This naturally leads to confusion. The common acronyms are: NPO: non-profit organisation/not-for-profit organisation NGO: non-governmental organisation PBO: public benefit organisation NPC: non-profit company When a not-for-profit entity asks ‘What am I?’ the answer can only … Continue reading