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Get in touch
RMB Private Bank's Philanthropy Centre experts will work with you to accomplish maximum impact with your social investment, in order to attain your philanthropy goals.
Call: 087 736 5905
Email: philanthropycentre@fnb.co.za
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Individuals - Your philanthropy vision
Establishing a private foundation trust is one way in which families can create a lasting legacy. We will help you set up a private foundation trust and ensure compliance with all necessary regulatory and legislative requirements.
What is important is to see your gratuitous giving benefitting both the communities and the causes that you seek to support through a structured social investment and achieving your philanthropy objectives well into the future.
We will assist you to apply for the relevant tax exemptions and registration as a Public Benefit Organisation (PBO).
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Facilitate registration and setup
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Tax exemption applications
We can serve as the operational office for the administration of your foundation trust, identify and approve causes/organisations and monitor and report on the utilisation of the grants/donations.
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Organisations - Measurable impact
We work with you to optimise your giving.
For Public Benefit Organisations (PBOs)
We assist existing public benefit organisations (PBOs) to comply with relevant legislative requirements. We can serve as the operational office for the administration of your public benefit activities, identify and approve causes and non-profit organisations, monitor and report on the utilisation of the grants/donations. All approved causes and NPOs will undergo the necessary due diligence process.
For Non-Profit Organisations (NPO'S)
We also work with non-profit organisations in fulfilling their public benefit activities. A non-profit Organisation can be associations, charities, corporates, and other voluntary organisations formed to further public service objectives. We assist these organisations to comply with relevant legislative requirements including tax exemptions approval. We assist them in identifying and matching donors. We work with the NPOs to monitor and report on the utilisation of the grants/ donations.
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CSI - Social impact
Structure your corporates social investments initiative to be more impactful. We assist corporate social investment (CSI) programmes with effective administration and governance.
South African companies are playing a significant role in the societal transformation through their (CSI) initiatives. CSI encompasses projects that are external to the normal business activities of a company and are not for purposes of increasing company profit.
Having a socio-economic development (SED) structure enable CSI initiatives to be more effective and impactful. A company's funding of corporate foundations will qualify for SED points, distributions to beneficiaries can only be made after careful consideration and due diligence of the intended beneficiaries.
These projects are developmental in nature and utilise company resources to benefit and uplift communities. We assist corporates who have existing CSI programmes or who want to set up such structures with effective administration, governance, facilitated due diligence of beneficiaries and approval, monitoring and reporting.
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Set up
Our team of experts at RMB Private Bank's Philanthrophy Centre offer the following services:
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Legal structural guidance and specialist services in relation to tax exemption information and drafting of founding documents
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Registration of an appropriate entity
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Tax exemption applications (registration as a PBO and/or in terms of section 18A of the Income Tax Act)
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Open bank accounts
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Financial investment
Through our fund and wealth management specialist we will optimise donor capital ensuring that the short- term liquidity of organisation and long-term capital growth is achieved, by:
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Ongoing fund and investment management
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Tailored investment solutions
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Investment monitoring and reporting
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Investment and wealth management specifically geared towards ensuring the sustainability of your organisation.
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Due diligence
We do the sourcing and researching of beneficiaries and also advise on best practice in relation to philanthropic ventures by attending to:
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Beneficiary sourcing and research
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Beneficiary review and due diligence checks
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Impact monitoring and evaluation
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Grant management
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Advice on best practice and governance
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Relationship management
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Single point of contact for foundation for all third-party relations
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All funding requests received and screened with recommendations to the board/trustees/committees
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Administration
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Provision of independent professional trustees
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Facilitate foundation trust meetings
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Drafting of minutes and resolutions
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Accounting and financial control
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Annual tax returns and submissions
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Bank account management
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Attend to all payments
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Governance
Individuals - Your philanthropy vision
Organisations - Measurable impact
CSI 
