You can do more with your more.
When you have given your all to have it all, to reach ultimate success, we want you to ask, “What now?”
This is where our first donor-advised fund of its kind in South Africa comes in. It enables individuals and corporates to donate to the foundation and to make recommendations as to how those funds are invested and distributed.
Effectively, it is a collective foundation (one foundation, many sub-accounts).
The Citadel Philanthropy Foundation Trust is a registered public benefit organisation in terms of the Income Tax Act (PBO registration number 930 042 339).
As a donor you will be able to personalise your account and, if desired, make grants in your account’s name.
The CPF is a good alternative to a private foundation. It offers all the benefits, but with lower associated costs and zero administration.
Donations to the CPF are immediately eligible for tax benefits; the foundation also facilitates all tax incentives and B-BBEE points.