Legacy through Charity Trust
The Tekkie Tax campaign is conducted under the auspices of a Charitable Trust called "Legacy through Charity" (LtC). Registered with the Master of the South Gauteng High Court under registration number IT 2455/2012.
PBO 930041253 with Art18A status
So why are we doing this?
- Simply having an auditor on board does unfortunately not guarantee that a fundraising campaign or any other service is run honestly. The structure of the Tekkie Tax campaign ensures that no one person or welfare organisation alone will control the campaign bank account, enriching itself by it - or be in a position to mismanage money to the detriment of the other beneficiaries.
- Any service costs money, whether it is run internally or externally by an NGO. Salaries, telephone lines and administration costs will still have to be paid. Combining the fundraising efforts of welfare organisations via this campaign will save huge amounts of money and ensure that the overall costs of running fundraising campaigns are reduced drastically.
- There are ample examples of welfare organisations that have lost huge sums of money in trying to run a fundraising campaign themselves. Tekkie Tax allows even a small organisation with limited resources to participate in a national fundraising campaign, with 0% risk and maximum benefit.
The trustees of the LTC Trust are:
Turnstone Corporate Trustee (SA) (Pty) Ltd