Engineering and Design Faculty, Fund-A-Brick Campaign.  Buy your brick for R25

Model representation around the new Engineering and Design Faculty

Wynberg Boys’ High School Engineering and Design Faculty

BACKGROUND

The Supera Moras Trust was established by a number of Wynberg Old Boys in 2008.  The purpose of the Trust is to provide a vehicle for donations to enhance the education of young men attending Wynberg Boys’ High School, Cape Town (Wynberg Boys’ High).

TAX DEDUCTABILITY OF DONATIONS

Any prospective donation tax benefit accruing to the donor will be regulated by the country in which the donations are made. The Supera Moras Trust is a registered Public Benefit Organisation (PBO) with the South African Revenue Service (SARS) and enjoys S18A status which permits the issuing of donation tax certificates to South African tax-payers, who may donate up to 10% of their net taxable income to us without incurring donations tax. Tax certificates will be issued in respect of qualifying donations each year for inclusion in donors’ tax returns.

Bequests from the estates of deceased persons in favour of Wynberg Boys’ High School may also be exempt from the payment of estate duty in terms of section 4(h) of the Estate Duty Act, 45 of 1955. The stipulation by the donor to Wynberg Boys’ High School is that they must state the donation is made: “To cover essential costs which include academic fees, boarding costs, books, uniforms and sporting apparel.”