FREQUENTLY ASKED QUESTION
IS SOZO A NON PROFIT OGRANISATION?
The Sozo Foundation is a Non Profit Organisation (036-344-NPO) and Public Benefit Organisation (930 013 534), registered as a Trust. We have seven fully functional trustees. THE TRUSTEES OVERSEE THE FOUNDATION’S WORK AND HELP GUIDE OUR DECISION-MAKING PROCESS.

Please note: We do not make donations to any organisations or individuals. We are a non-profit organisation raising funds and donations in kind for our programmes.
What about Section 18A Certification Rights?
Yes! For all donations received, Section 18A Certificates can be awarded. These certificates can be presented to SARS for further tax relief. Section 18A of the Income Tax Act No 58 of 1962 (the Act) allows donors to deduct donations made to registered Section 18A organisations from their taxable income (limiting such deductions to 10% of the taxable income of both corporate entities and individuals).
Can I see your financials?
You’re more than welcome to take a look at how we allocate your generous donations. Our financial reports are audited and are available here - link to Annual Report page
Are you BEE Compliant?
Yes! A BEE Scorecard will be made available to sponsors to simplify this claim on your BEE Scorecard.
Can I make a direct deposit?
Yes! While we have a dance party in your honour, please use the bank details below:


Account Name: The Sozo Foundation
Bank: First National Bank
Branch: COMM ACCOUNT SERVICES
Branch Code: 210-554
Swift code: FIRNZAJJ

Are there other ways that I can give?

Start a fundraising campaign
Volunteer your time or skills
Help us spread the word by sharing our posts on social media

Do you have a wish list?
Yes, we do. Take a look at the list below or email us for more info.

Prizes for Fundraising Events
Office Supplies
Prizes for student graduation celebrations
Please contact fundraising@thesozofoundation.org.za for more information.
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BROAD-BASED BLACK ECONOMIC EMPOWERMENT BENEFITS

  • As a registered NPO working to bring hope, skills and opportunity to the marginalised, The Sozo Foundation is perfectly positioned to assist partners in meeting requirements for B-BBEE compliance in Skills Development and Socio-Economic Development.
  • B-BBEE presents companies with an opportunity to align skills spend with initiatives and values that are meaningful to your company.
  • We offer our partners the benefit of being able to fulfill more than one element on the scorecard, allowing organisations to better structure their contributions to achieve maximum points.
  • The Sozo Foundation is an established and trusted partner, with robust governance and strong fiscal management. We have received clean professional audits year on year since inception and have maintained a Level 1 B-BBEE status.
  • Being a registered Non-profit and Public Benefit Organisation means that quantifiable (invoiced) product or financial donations to The Sozo Foundation, from within 10% of your company’s gross annual income, are tax deductible.
  • Marketing opportunities for example, through branding of sponsored mobile barista units, implying further return on your social and marketing/PR investment.
  • Opportunity to broaden the recruitment pool for your company’s entry level vacancies.
  • Various staff involvement opportunities.

SKILLS DEVELOPMENT

Depending on the size of the organisation, enterprises are required to spend 3-6% of payroll costs on skills development. Of this, Category F and G may contribute 15%. The amended code states that beneficiaries do not have to be the entity’s employees, but can also be qualifying black people in general.

The Sozo Foundation is able to assist companies seeking to maximise their points in this priority element. We work closely with our partners to ensure efficient, recognisable skills development spend that is targeted at deserving candidates in the correct demographics.

Our various initiatives equip youth beneficiaries with the hard and soft skills needed to flourish in all areas, as they seek to enter the job-market. This training qualifies for Category F and G of the Skills Development code: informal, work-based training, which leads to an increased understanding of work or improved performance in skills.
We offer two fully accredited courses for our youth beneficiaries – a General Education Diploma Certificate and Software Development course, in partnership with CodeSpace Academy, an accredited MICT SETA institution.

SOCIO-ECONOMIC DEVELOPMENT

An entity may obtain a maximum of 5 B-BBEE points for spending 1% of net profit (after tax) on SED contributions, where 75% of the value directly benefits black people. In particular, education has been identified as a core socio-economic development initiative. The Sozo Foundation is a verified SED partner. In excess of 75% of the value of benefits accrues to black people, and therefore any SED donations are fully recognisable for this element. Our training, development and coaching models not only meet the requirements of the law but are also according to the spirit of the law, which places emphasis on educational and job-creating activities.
As a registered NPO, we may also issue S18A tax certificates for any individual, CSI or SED donations received.