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Corporate Governance

Legal Status And Registrations

The Orphans Endowment Fund is registered as a trust in terms of the legislation in South Africa. Therefore the policies, activities and delegation of authority comply with the provisions of the Trust Deed.

The Orphans Endowment Fund is a registered Public Benefit Organisation with the South African Revenue Services (SARS) in South Africa.

The Orphans Endowment Fund has been granted Section 18A status by SARS which would entitle a taxpayer (individual, company, close corporation or trust) to deduct annually donations to the Orphans Endowment Fund not exceeding 5% of taxable income.

Board of Trustees of the Orphans Endowment Fund

The Board of Trustees is the ultimate governing body of the Trust. The current Trustees are:

Dr Mahmoud Youssef Baker (Chairman)
Mr Waleed Davids (Public Officer)
Shabir Ahmed Chohan
Yusuf Patel
Adv Mohamed Vahed

Auditors

The auditors of the OEWF are KPMG South Africa