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| Membership | |
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The Free Market Foundation continues to play a defining role in the new South Africa. Our message remains consistent but the accent has changed. Previously we concentrated on arguing for both equal democratic rights, equality before the law, constitutional protection for all, and a free market in which all South Africans would be able to exploit their own individual talents to the fullest. Now we concentrate on arguing for respect for the constitution; proper application of the rule of law (which is enshrined in the constitution); high economic growth as the best means of alleviating and reducing poverty, and economic freedom as the best means of achieving an improvement in all aspects of human development. |
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In order to achieve its goals the Foundation needs the continuing support of its existing members and new members who wish to help us enhance economic freedom in South Africa, which is in many ways a role model for the rest of Africa. The Foundation carries out work towards achieving the environment that you would like to see come about but do not have the time or the specialised skills to carry out yourself. If you agree with what we are attempting to achieve please join the Foundation and give us your financial support. |
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| Senior Corporate Members | Corporate Members |
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Contributions by larger companies vary between R50,000 and R100,000 per annum, whilst medium sized companies contribute R25,000 to R50,000 and small companies between R10,000 and R25,000. Senior Corporate members are invited to take an active part in the activities of the Foundation, eg, attending Council and Executive Committee meetings. |
Corporate membership subscriptions are fixed on a voluntary basis by members themselves, taking into account the size of their companies and the extent to which they wish to support the disemination of free market ideas. Corporate members who do not wish to contribute at the Senior Corporate level pay subscriptions varying between the minimum of R500 and R10,000. |
| Organisation Members | Individual Members |
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The fee for organisations – organised professions, business or labour; other national bodies; policy and research institutes; NGOs and the like – is R300. |
Individual members pay a membership fee of R100 or more. On request the fee may be waived, especially for students, labourers, people who have completed any of the Free Market Foundation’s training programmes, and people who have served the Foundation of kind. |
| Once-off Support | |
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If you don’t want to become a member but wish to provide us with once-off support please complete this section |
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VAT
The Foundation is registered for VAT and 14% VAT is payable on all subscriptions. |
Tax Deductibility
The Foundation is of the view that subscriptions paid by Corporate members are deductible from taxable income in terms of Section 11(a) of the Income Tax Act as being expenditure incurred in the production of income on the basis that the Foundation is employed by members to promote a market ecomony in which they will earn higher profits. |
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