IEC Electoral Commission : Donate To Multi-Party Democracy Fund

Organisation : Electoral Commission of South Africa (IEC)
Facility Name : Donate To Multi-Party Democracy Fund
Country : South Africa
Website : https://www.elections.org.za/pw/Party-Funding/Multi-Party-Democracy-Fund

How To Donate To Multi-Party Democracy Fund?

The Political Party Funding Act establishes a Multiparty Democracy Fund (MPDF) to raise and distribute donated funds from the private sector to represented political parties. The Electoral Commission is mandated to administer the fund including to raise funds for the MPDF from corporate and private donors and to distribute these funds to parties represented in the national and provincial legislatures.

Related / Similar Facility : IEC Apply For Observer Accreditation For 2024 Elections

The Electoral Commission is entitled to charge the MPDF an administration fee which may not exceed 5 percent of the money credited to the fund in the previous financial year. As is the case with the RPPF, funds from the MPDF are only available to political parties represented in the National Assembly or in any provincial legislature.

Disbursement of Funds:
Funds from the MPDF are distributed according to the formula:
** 1/3 equal (33.3%) representation.
** 2/3 proportional (66.6%) representation.

Prohibited Donations To MPDF:
The Multiparty Democracy Fund may not accept donations from:
** Any organ of state;
** Any state owned enterprise;
** Any foreign government or foreign government agency;
** Right to remain anonymous
** Any donor who contributes to the MPDF may request to remain anonymous.
** Prohibited uses of funds from the MPDF

The use of funds from the MPDF may not be used:
** To pay remuneration to any person representing the party in the national, provincial or municipal legislatures;
** To pay remuneration to any person in the service of the state and who receives remuneration for that service;
** To finance or support any cause in contravention of any code of ethics binding on members of parliament or provincial legislature;
** To establish any business or acquiring or maintaining immovable property (except where that property is to be used solely by the party for party political purposes;
** To defray legal expenses relating to internal party disputes;
** Any other purpose which may be prescribed.

Contributions Into The Fund:
Contributions into the Multi-Party Democracy Fund can be made by depositing in the following Bank Account.

Account Holder: Multi-Party Democracy Fund
Name of Bank: Standard Bank of South Africa
Account Number: 011168099
Branch Code: 000145

For further enquiries on making contributions in to the Multi-Party Democracy Fund, please feel free to contact Ms Boitumelo Ranyane on email: RanyaneB@elections.org.za or telephone: 012 662 5209.

Additional Simplified Procedure

Here’s how to donate to the Multi-Party Democracy Fund (MPDF) in South Africa:

Who Can Donate?
** South African citizens and permanent residents
** Companies and trusts registered in South Africa
** Foreign donors under specific conditions (e.g., intergovernmental organizations)

Who Cannot Donate?
** Foreign governments, government agencies, and state-owned enterprises
** Individuals or entities acting on behalf of foreign governments or entities
** Individuals or entities convicted of specific crimes

Donation Methods:
Electronic Funds Transfer (EFT):
** Account Name: Electoral Commission of South Africa
** Bank: Standard Bank of South Africa
** Account Number: 012015266
** Branch Code: 011044
** Reference: MPDF followed by your name or organization name

Direct deposit:
Visit any Standard Bank branch and deposit directly into the account mentioned above.

Cheque:
Make the cheque payable to “Electoral Commission of South Africa” and write “MPDF” followed by your name or organization name on the back.

Mail the cheque to:
Electoral Commission of South Africa
Attention: Political Party Funding
Private Bag X1000
Pretoria
0001

Donation Limits:
** Individuals:
** Maximum annual donation: R15 million
** Maximum donation per political party: R1 million
** Companies and trusts:
** Maximum annual donation: R15 million
** Maximum donation per political party: R1 million

Tax benefits:
** Donations to the MPDF are tax-deductible.
** Individuals and companies can claim a deduction of up to 100% of their donation against their taxable income.

Important notes:
** Ensure you include the correct reference with your donation to ensure it is allocated to the MPDF.
** You will receive a tax certificate for your donation.
** Keep all records of your donations for at least five years.