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The Giving Organisation Blog

Sep 5, 2011

R5 in Payroll Giving can generate over R1 Billion


Category:GeneralPRESS ANNOUNCEMENT

Johannesburg, 30 August 2011 – Payroll Giving through South Africa’s collaborative good cause organisation, The Giving Organisation Trust, has the potential to generate over R1 billion to help those in need. Purely if every earning South African gave R5 per month to be shared amongst the organisation’s ten member non-profit organisations in this easy way.

The Giving Organisation Trust has already signed up 93 companies for Payroll Giving and aims to sign up 200 companies by the end of this financial year. All funds raised are allocated equally amongst the ten charities through this donations mechanism, which was started in 2005 by The Giving Organisation Trust and its predecessor the SA Children’s Charity Trust.

The Payroll Giving donation platform is widely used in the United Kingdom and USA, where around 80% of companies contribute, however only around 10% of companies make use of the platform locally. “The platform provides companies with a basis to improve the Triple Bottom Line. It can improve compliance with JSE listing-requirements in terms of the “Social Responsibility Index” and fulfils a number of King II Reporting criteria,” said Chairman of The Giving Organisation Trust and member of The South African Red Cross Society, Kelvin Glen.

“Payroll Giving has the ability to revolutionise the way that charities operate in South Africa. A joint effort from companies will enable us to touch lives in every sphere of our country,”he said. “Voluntarily donating on a monthly basis will help provide treatment to those who are ill, alleviate poverty, make dreams come true, make a difference in the life of an animal and contribute to the sustainability of our environment.”

The Giving Organisation Trust, whose patrons are Archbishop Emeritus Desmond Tutu and Her Serene Highness, Charlene Princess of Monaco has pioneered a new, collaborative fund raising and sharing approach that is shaping a sustainable financial model for a historically fragmented sector,” said Glen, emphasising that the organisation unites charities across its various focus areas.

The organisation’s Payroll Giving programme enables employees to donate from as little as R5 monthly, which is deducted voluntarily from their monthly salary and paid directly into The Giving OrganisationTrust Account. The funds within the Trust are then equally directed to ten of the country’s most renowned and reputable non-profit organisations on a monthly basis.

The Giving Organisation Trust’s member charities are the ACFS Community Education and Feeding Scheme, Cancer Association of South Africa (CANSA), Childhood Cancer Foundation South Africa (CHOC), Cotlands, Desmond Tutu HIV Foundation, The Hope/Ithemba Trust, National Council of SPCAs (NSPCA), Reach for a Dream Foundation, South African Red Cross Society and the World Wild Fund for Nature (WWF). While working together, they all remain focused on the visions and mission to which each charity subscribes.

To date, companies using Payroll Giving include Accenture, Arup, City Lodge, Ford, iBurst, MTN, Petro SA, Multichoice, SABS, Santam, Strate and Sun International. According to MTN South Africa Payroll Supervisor, Joyce Thobejane, “By signing up for Payroll Giving, we have afforded our staff the opportunity to make a difference to a charitable cause of their choice on an on-going basis. MTN has between 60 to 70% of our staff contributing between R5 to R1 000 on a monthly basis to this amazing programme.”

Companies have the option to either manage the administrative process in-house or nominate The Giving Organisation Trust to handle this function on its behalf. Reporting is delivered to participating companies to provide participating employees with feedback as to the difference being made through their charities of choice. “Every person’s contribution makes a substantial impact on more than one life,” concluded Glen.

To get involved in Payroll Giving, please visit www.payrollgiving.co.za or contact Riana Scheepers on +27 11 675 0650.

The Giving Organisation Trust (Reg nr IT 12425/061) is a registered Public Benefit Organisation and carries section 18(A) tax exemption status. Follow The Giving Organisation Trust on Facebook via www.facebook.com/thegivingorganisation or Twitter at www.twitter.com/TheGivingOrg.

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