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NBI Credentials 

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
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