Purpose of Guidelines

Acceptance of any contribution, gift or grant is at the discretion of THOMI AFRICA. It is our policy to accept gifts of cash, securities, and property to be used for the greatest good of our organization.. Gifts of cash may be made directly to us, and gifts of securities and property should be made in conjunction with the Business Office. With respect to anonymous gifts, all information about the donor will only be given to those staff members with a need to know. Please contact the Development Office for specific instructions.

Gifts of Cash

All cash gifts can be made electronically, in person, or through a delivery service. All bank transfers should be made payable to Triumphant Hand of Mercy Initiative  NPC. We will respect the intent of the donor relating to gifts for restricted purposes and those relating to the desire to remain anonymous.

Gifts of Securities

Stocks, bonds, notes or other instruments for which value can be determined in the financial marketplace should be made payable to us. Donors are encouraged to have a conversation with the Development Office to determine the most advantageous method of giving donations of securities. SARS guidelines are followed in establishing the value of donated securities.

Gifts of Real Estate

Gifts of real estate are welcomed by us. It is the donor’s responsibility for obtaining appraisals, EPA studies, etc., for gifts of property except in such cases where we will assume that responsibility. Gifts must be reviewed by the Development Office and the President and other selected counsel for environmental and economic impact, and other issues before accepting gifts of real estate. Our Board has final approval for all gifts of real estate.

Gifts of Personal Property

Gifts of personal property (i.e. antiques, works of art, collections, etc.) are all welcomed by us with approval from the Development Office. The donor is responsible for securing appraisals on such property according to Internal Revenue Service guidelines. The Board of Trustees has final approval of all gifts.

Gifts of Equipment, Electronic Gadgets

Gifts of Electronic Gadgets are encouraged by our organization. However, when such equipment requires additional and/or ongoing maintenance that is not budgeted, prior approval must be received from the Business Office and the receiving area.

Challenge Gifts or Pledges

Challenge gifts or pledges requiring matching funds by the School are welcome but the gifts must receive prior approval from the Development Office.

Gifts In Kind

Gifts in kind (gifts of goods and services) are welcomed and will be accepted at the discretion of our organisation and the receiving area. Please contact the Development Office for specific instructions.

THOMI AFRICA reserves the right to treat each gift on an individual basis, and thereby reserves the right to accept, reject, or modify any agreement and/or gift. The organization will refrain from providing advice about the tax or other treatment of gifts and will encourage donors to seek guidance from professional advisers. We will provide acknowledgments to donors meeting SARS substantiation requirements for all gifts. However, except for gifts of cash and publicly traded securities, no value shall be ascribed to any receipt or other form of substantiation of a gift received by the organisation.