ABOUT US - Finance
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HOW DO STUDENTS RAISE THEIR FEES?
- A few students have worked and saved and are able to pay their own way.
- Some are helped – by parents, relations, friends, a church.
- About half of GWC’s students are from economically deprived backgrounds and are only able to study through the help of a bursary or loan.
- The GWC Trust exists to seek help for students and award bursaries and scholarships.
Tax deductibility is possible for gifts to provide bursaries for students (South Africa, UK, USA and Australia), though unfortunately not for parents to help their own children.
GIFTS AND TAXATION
(In all email addresses below, replace "(a)" with "@", and "-dot-" with ".")
South Africa
GWC is a registered Public Benefit Organization, a Section 21 Not for Profit Company, and is registered as a Non-Profit Organization. It is provisionally registered as a Private Higher Education Institution. It is therefore exempt from paying income tax, and a legitimate beneficiary of donations from charitable trusts etc.
Donations
Donations for operating costs can be made directly to the college. We are authorised to issue tax exemption receipts under Section 18A of the South African Income Tax Act.
Enquiries: Rod Hoek email r.hoek(a)gwc-dot-ac-dot-za
| George Whitefield College's Banking Details Account Name: George Whitefield College Bank Name: Standard Bank Account No.: 072-100-974 Branch: Fish Hoek, Cape Town Branch Code: 036-009 For international payments: Branch Address: 77 Main Road, Fish Hoek, Cape Town, South Africa S.W.I.F.T. Number: SB-ZAZAJJ |
Bursaries
Donations for bursaries can be made to the GWC Trust which is able to issue tax exemption receipts under Section 18A of the South African Income Tax Act.
Enquiries: Mr Alan Beckman email abeckman(a)gwc-dot-ac-dot-za
| The George Whitefield College Trust Banking
Details Account Name: The George Whitefield College Trust Bank Name: Standard Bank Account Number: 270-385-746 Branch: Fish Hoek, Cape Town Branch Code: 036-009 For international payments: Branch Address: 77 Main Road, Fish Hoek, Cape Town, South Africa S.W.I.F.T. Number: SB-ZAZAJJ |
United Kingdom
GWC is helped in UK by the Friends of GWC Trust. The Treasurer is Mr Fred
Pink. Donations to this trust enjoy Gift Aid.
Donations can be made direct to the account of:
The Friends of GWC Trust
Charity No 1053480
Natwest Bank
Sort Code: 600001 Account No:95878513
Or cheques and enquiries to Mr Fred Pink, 22 The Courtyard, St John’s Hill Road, Woking GU21 7QX.
Phone: 01483 776606. fredpink(a)fiddlewood-dot-co-dot-uk
Australia
GWC is a partner of African Enterprise, a charitable organization which
issues tax deductible receipts for suitable projects. Gifts to AE should be
designated: “For the education of disadvantaged African students at GWC.”
AE normally deducts a small handling charge (which goes to their other excellent
work).
Send gifts to African Enterprise Limited, 2G/5 Byfield St, Macquarie Park NSW
2113.
Enquiries: Phone: 02 98891799
ae(a)africanenterprise-dot-com-dot-au or you can donate on line with AE’s website
www.africanenterprise.com.au
USA
GWC is a partner institution of Overseas Council International (OCI). OCI is
a 501(c)(3) organization. All gifts to OCI on GWC’s behalf are tax-deductible
for US income tax purposes and administered and disbursed under the control of
the Overseas Council International Board of Directors. Donation information is
stated on the OCI website.
OCI guarantees us as a bona fides educational institution in terms of US tax
law, making the College eligible for funds direct from foundations and trusts.
OCI
PO Box 17368
Indianapolis IN
46217-0368 USA
Tel +1 (317) 788-7250
Fax +1 (317)788-7257
Toll Free +1 (877)788-7250
E-mail: info(a)overseas-dot-org
Website: www.overseas.org
GWC also enjoys membership of The American Fund for Charities, which is a 501(c)(3) tax-exempt organization. Donors to The American Fund for Charities can suggest where they would like their donation to go. Normally the Fund retains a handling commission of 7.5% on the first $10,000, 5% on the next $90,000, 2.5% of the remainder.
AFC ID No: AFC603
American Fund for Charities
601 Pennsylvania Avenue NW, Suite 900, South Building, Washington DC. 20004
Tel: +1 202 220 3012
Fax: +1 202 639 8238