Financial Controls

Tshikululu manages funds contributed by clients for grantmaking purposes separately from that of the company.

The funds are held in individual trusts, with separate bank accounts. Each client has a Section 18A trust, entitling donors to deduct contributions from taxable income, and a non-Section 18A trust.

All funds and trusts are audited by Deloitte and Touche, and comply with International Financial Reporting Standards.

We implement strict financial controls in all funding relationships, requiring detailed and appropriate reporting from beneficiaries, beginning when organisations apply for support, and continuing throughout the life of the project.

In addition, we manage complex legal and tax issues for our clients where required.