For companies seeking to earn BBBEE points The Early Care Foundation offers a range of the following donor options:
Enterprise Development (Code 600):
The Early Care Foundation Enterprise Development model develops or creates, a crèche in an underprivileged area into a successful and sustainable entity, providing high-quality ECD care to the children, and through our training programmes, employment for the community.
All our beneficiaries are the so-called Category ‘A’ which enables the donor to claim 125% of their contributions. Together with the 18A tax benefits The Early Care Foundation model is one of the lowest cost per BBBEE point options available.
Socio-Economic Development (Code 700):
All The Early Care Foundation’s activities qualify, as a minimum, for BBBEE SED contributions. Together with the 18A tax receipt this is a highly cost-effective model from a donor point of view.
Ownership (Code 100):
From 2012, The Early Care Foundation is now offering Broad Based Black Economic Empowerment ownership scheme to companies operating within South Africa. In this scheme, The Early Care Foundation owns shares in the company who receives BBBEE points under the Code 100 pillar. This is a really exciting scheme. Contact The Early Care Foundation for further details.
Please contact The Early Care Foundation for a BBBEE certificate.