The Procedures to Set Up a Foundation in South Africa
How much money do you need to start a foundation in South Africa?
It can cost anywhere between R10 000 and R20 000 to set up a foundation. If you have a non-profit organization (NPO), you can apply online to a provincial social development office. NPOs can be found in trusts, companies, or other associations established for the purpose of public service.
How do I start my own foundation?
How To Start a Foundation, Step by Step
- Define your purpose.
- Decide between trust and nonprofit.
- Apply for an employer identification number (EIN)
- File for tax-exempt status with the IRS.
- File for tax-exempt status with your state.
- Regulations and penalties.
How do I start a foundation with no money in South Africa?
If yours is a non-profit organization and is not part of government, you can apply for registration. You can submit your non-profit organization (NPO) application at your nearest provincial social development office.
How do I start a private foundation in South Africa?
You can submit your application at your nearest provincial Social Development office, post it to The Directorate, Non-profit organizations, Department of Social Development, Private Bag X901, Pretoria, 0001 or deliver it by hand to the Department of Social Development, 134 Pretorius Street, HSRC Building, Pretoria.
