As a foundation we believe in using technology to advance our cause to transform schools in our nation. This platform is the first of its kind in South Africa reaching out to more than 33000 schools throughout our country and offering them an online store where they can purchase the most important products needed to run and maintain their schools. The product categories we are offering via the platform include the following
- Teaching aids.
- Building materials.
- School furniture.
- Technology equipment and
- Sporting equipment
Not only will the platform be available to all schools in South Africa but also to any individual or business in South Africa or abroad, that would like to sponsor a school by purchasing items advertised on the give-a-lot online store. Sponsors can purchase items for a school of their choice or any of the schools who have joined the project 500 program. The needs of the schools who are part of this program will be displayed on the give-a-lot platform to make it easy for sponsors to select them.
We are looking for suppliers for each of the categories i have mentioned earlier and we are asking you, to become a preferred supplier to schools and sponsors of schools in South Africa.
As a preferred supplier we are asking you to give a discount of no less then 20% on the items provided in each category. This discount will be passed on to the schools and in exchange, we will give your company a section 18a tax exemption certificate to the value of the discounted amount.
It is important to note that the tax-deductible donations given by companies can be claimed in terms of section 18a of the income tax act. Companies can claim up to 10% of their annual taxable income given to charitable donations. For example, if your taxable income for the year is r1mill you can claim up to r100 000 back from SARS, if you donate that amount to the Songa Mbele Foundation, this is only 10% of your annual income. Any amount exceeding the 10% will not be lost, as sars will carry over the excess to the next tax assessment year.
In addition to the tax benefit received for the discount you give, you will have access to 33000 schools and millions of individual and corporate sponsors who will be using give-a-lot platform to purchase products at discounted rates. As a preferred supplier you will also receive advertising space on the give-a-lot platform to further expose your brand.
We invite you to be part of this worthy cause and become a preferred supplier to the Songa Mbele Foundation today. Our team would like to meet with you to present the platform and its benefits in more detail. We will be in contact with you to arrange a meeting. Should you have any questions, you are welcome to email us at firstname.lastname@example.org or contact us on the number provided on our website.