Shaping a Sustainable Future
NBI Credentials
Page Content
Taxation
Registered Public Benefit Organisation, fully tax exempt
Section 18a, providing tax deductibility to donors
Welfare registered, allow for additional benefits under VAT regulations
BBBEE Codes of Good Practice (COGP)
Level 1 / AAA+ BBBEE contributor, affording 135% procurement recognition to donors
Certified 80% black beneficiary base, supporting benefits under ED and SED for donations
Financial Reporting & Governance
Annual financial statements complies with IFRS – international financial reporting standards
Complies with King 2 and in process of implementing King 3
Registered section 21 in terms of companies act
Registered Non Profit Organisation (NPO) with National Department of Social Development
Independent Board of Directors, comprising 45 members drawn from corporate and NPO sector
Assessed
Carbon Footprint
Energy Use
Water Use