As strong governance structures and processes are critical for any organisation seeking funding from donors, it is crucial to ensure accountability and adherence to the principles of good governance. The Legal and Policy Division of the South African Revenue Service has compiled a guide which provides basic information on public benefit organisations with particular reference to income tax.
Have a quick look at this table to assess where your organisation stands with regards to its legal responsibilities:
REFERENCE:
Inyathelo: Good Governance and Board Training for NPOs – September 2012