MAD Leadership Foundation provides tailored sustainable corporate investment solutions to achieve business endurance and social impact. This is done through the B-BBEE priority element of Skills Development, Socio-Economic Development and Corporate Social Investment (CSI) initiatives.
- Demonstrates a commitment to address core societal issues of unemployment and economic productivity.
- Strengthens social engagement and impact.
- Increases the supply of talented and skilled graduates with leadership qualities to meet your business needs.
- Achieves B-BBEE points and compliance under the Skills Development and Socio-Economic Development elements.
- Additionally, we involve our partners in the whole process while they don’t have to spend time on administrative issues. Therefore, MAD Leadership Foundation takes care of all preparations and legislative matters.
SKILLS DEVELOPMENT (CODE 300)
Under the revised B-BBEE codes, your investment with MAD Leadership Foundation has a greater impact. The revised codes make it possible to contribute up to 6% (up from 3%) of payroll (leviable amount) to either employees or non-employees or a combination of both. Through our scholarship programme, corporate funds are split over the economically active population and allocated to bursaries for our scholars (above age 16 through tertiary level) which qualify as skills development spend. Therefore, by contributing to our programme, you can achieve points for category A (bursaries) on the Skills Development priority element.
SOCIO-ECONOMIC DEVELOPMENT (CODE 500)
MAD Leadership Foundation is a level 1 B-BBEE Contributor. Thus, contributing 1% of your net profit after tax to our organisation will achieve the full score of 5 points for socio-economic development spend. Additionally, our programme is aligned with the intent of CSI to address the problems of society and make appropriate interventions to achieve and sustain positive social developments. Furthermore, our programme addresses key educational issues by providing fully-funded scholarships, mentorship and leadership development. The educational issues we address include low matric rates, lack of financial resources and tertiary success of scholars. Your support is therefore critical in this effort.
Please get in touch with us to find out how you can make a sustainable difference while enjoying the benefits of compliance.