Leave a Legacy to Masicorp

At Masicorp, we believe in an end to poverty through education.

With your help, we have been transforming the lives of families in Masiphumelele for over 20 years. We have already achieved so much – creating a crèche and a day centre, libraries, training centres and sports facilities which educate, train and inspire change for over 5300 individuals each year.

A simple way you can continue to support our future work is through a gift in your will (also known as a bequest, a legacy or a planned gift).

As Masicorp is a registered charity in the UK, a tax-exempt public charity in the USA and a registered NGO in South Africa, your gift may reduce the tax burden on your estate.

Regardless of size, each and every gift is an investment in the future of the Masiphumelele.

If you are considering a charitable gift in your will, and after you remember your loved ones, please consider supporting the future work of Masicorp.

Thank you.

DOWNLOAD THE MASICORP LEGACY BROCHURE

How Your Legacy Can Change Lives

There are many ways in which your gift can make a real and lasting difference.

  • Supporting bright young minds

Children, pupils and students in Masiphumelele are faced with the challenges of poverty and a lack of equal access to opportunities, information and resources for their education. At Masicorp we develop programmes that offer them access to educational resources and opportunities which enable them to reach their full potential. Programmes are on offer to support pupils and students from pre-school age, through primary school and high school as well as University, college and further education level.

  • Changing lives through training and development 

Masicorp provides funding to help the whole community to gain the skills they need to get jobs or start their own businesses. We do this through a variety of skills training programmes covering Basic English, Computer and Sewing Skills. These programmes offer graduates the opportunity to help themselves out of poverty and into paid work.

  • Helping build facilities to support education, training and sport

Your gift could help to build and develop education and learning environments and sporting facilities to support future generations.

Education and Learning: Since 1999, donations from supporters have helped us to build a crèche and day centre, a youth centre and library, all aimed at providing access to educational opportunities from pre-school age upwards. Find out more about how a gift in your will could change the lives of people like Sanelisiwe in Masiphumele here.

Sporting facilities: The MCC MASI 750 Sports Club was established in 2017 and has rejuvenated sport at the only primary school, Ukhanyo. It offers primary school access to quality coaching, organized school sport and competitive matches/tournaments through full participation. The new facilities are transforming the youth, their families and school in Masiphumelele through sport and life-skills training, but the project needs future support to ensure this great work continues. Find out more about the incredible work being accomplished through the MCC Masi 750 Sports Club

How to make a gift in your will

If you would like to leave a gift to support the life-changing work of Masicorp, thank you.

Please share your intentions with us by emailing legacies@masicorp.org. Doing so allows us to thank you for your pledge during your lifetime in a way that is appropriate for you.

Frequently asked questions

Can I update or include Masicorp in my existing will?

I am a supporter from the UK

Yes, we suggest you contact your legal advisor to make the arrangements to draft the necessary document.

I am a supporter from South Africa

Yes, we suggest you contact your legal advisor to make the arrangements to draft the necessary document.

I am a supporter from the USA

Yes, we suggest you contact your legal advisor to make the arrangements to draft the necessary document.

What types of legacy gift are there?

Residuary gift: a gift of all or a percentage or share of your estate after expenses, pecuniary and specific bequests. The advantage is that it maintains its value, regardless of inflation.

Pecuniary gift: A gift of a fixed sum of money. Inflation may mean the value of the gift may reduce over time.

Specific gift: A gift of specific property, such as land, buildings, stocks and shares, etc.

What are the tax benefits of supporting a charity in my will?

UK: As Masicorp is a registered charity in the UK (Charity N° 1137358) your gift will be exempt from Income and Inheritance Tax (IHT). This means you could reduce the amount of tax you pay on your estate. Gifts of stocks, shares or property can also reduce the tax burden on your estate.

The ‘10% rule’. In the UK the nil-rate band is £325,000 (until 2020/2021 tax year) and IHT is charged on any sum above that threshold. It is worth bearing in mind that if you leave 10% or more of your estate to a registered charity in your will, you may reduce the rate of tax above the threshold from 40% to 36%. We strongly advise consulting your solicitor, accountant or financial advisor for more details.

USA: Legacy gifts from USA taxpayers can be channelled through ‘Masiphumelele Corporation [US]’ – an organisation in the USA, which has charitable status under section 501(c) (3) of the USA Internal Revenue Code (EIN number: 02-0511758). This means that if you are a USA taxpayer, you can offset a donation against your tax bill.

South Africa: Masiphumelele Corporation [SA] is registered as a public benefit organisation (PBO) in terms of section 30 of the Income Tax Act (PBO No 9300015544). Bequests to Masicorp will be exempt from tax and may lead to savings in the amount of estate duty payable, if your estate amounts to more than R3.5 million. We recommend you first consult your attorney should you wish to have your will drafted or updated.

Can I specify which programme or area of support I would like to benefit from my gift?

Yes. There are many ways in which your gift can make a real and lasting difference. We understand that some of the different programmes and areas of support at Masicorp mean something special to each donor. When you are drafting your gift to Masicorp you can specify your preference as to how your gift is used (Please refer to "How should I word my gift in my will?" question). Please understand that programmes and projects may change over the years and decades in order to respond to the changing needs of the communities in Masiphumelele, however, our charitable vision will remain unchanged and we will ensure your gift is used as you wish, where possible.

How should I word my gift in my will?

UK: “I give to Masiphumelele Trust Ltd (registered UK charity No. 1137358) a percentage or share of my residuary estate OR the sum of (in figures and in words) free from all taxes and duties, to be applied to the general purposes (or your preferred area) of the said charity and I declare that the receipt of the Trustees or other authorised officers shall be good and sufficient discharge to my Executors.”

USA: “I give to Masiphumelele Corporation [US] Code (EIN number: 02-0511758) a percentage or share of my residuary estate OR the sum of (in figures and in words) free from all taxes and duties, to be applied to the general purposes (or your preferred area) of the said charity and I declare that the receipt of the Trustees or other authorised officers shall be good and sufficient discharge to my Executors.”

SA: “I give to Masiphumelele Corporation [SA] (PBO No 9300015544) a percentage or share of my residuary estate OR the sum of (in figures and in words) free from all taxes and duties, to be applied to the general purposes (or your preferred area) of the said charity and I declare that the receipt of the Trustees or other authorised officers shall be good and sufficient discharge to my Executors.”

How will my legacy pledge be recognised?

If you plan to leave a gift in your Will to Masicorp, thank you. We will invite you to join the Friends of Masicorp. You'll be listed as a member on our donor roll of honour, receive invitations to attend special events and receive communications on how legacy giving is making a crucial difference. If you would prefer not to be listed as a member of Friends of Masicorp we will of course respect your wishes.

How can I contact you?

Please email us at legacies@masicorp.org with any queries or for information that may help support your decision.

UK: You can write to us at our registered address:
Masiphumelele Trust Ltd
Wheel House
Moor Park
Beckwithshaw
Harrogate HG3 1QN
North Yorkshire

USA: You can write to us at our registered address:
Masiphumelele Corporation [US]
PO Box 221
Centre Harbor NH 03226
United States of America

SA: You can write to us at our registered address:
Masiphumelele Corporation [SA]
PostNet Sun Valley 537
Private Bag X4
Sun Valley
Cape Town 7975
South Africa

The Gift of Education

In 2017, we received an unexpected gift from the late Robin Ellis - a friend and donor to Masicorp for many years. When he had written his will, Robin had chosen to include a charitable gift to Masicorp. Robin’s thoughtful and generous legacy was allocated to our Maths and English Lab projects at Ukhanyo Primary School in the township. This donation secured much-needed funding for these two key educational projects for 18 months. Robin’s simple act of kindness has changed the lives of over 500 young children in Masiphumele and their families for generations to come.