Corporate membership guidelines
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 dissemination of free market ideas.
Senior corporate members
Contributions by larger companies vary between R100,000 and R250,000 per annum, whilst medium sized companies contribute R50,000 to R100,000 and small companies between R20,000 and R50,000.
Corporate members who do not wish to contribute at the Senior Corporate level pay subscriptions varying between the minimum of R5,000 and R20,000.
The FMF 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 FMF is employed by members to promote a market economy in which they earn higher profits.
Section 18A approved Public Benefit Organisation
The FMF is a section 18A approved Public Benefit Organisation (PBO Exemption No 930 017 343) and donations in cash or kind to the FMF are tax deductible in the hands of donors. Companies can donate and deduct a maximum of 10% of their taxable incomes to Section 18A approved public benefit organisations.
The FMF is a Section 18A Public Benefit Organisation (No: 930 017 343). Payments of R300 or more per annum are treated as a donation for which you will receive a Section 18A certificate for SARS. Individuals (and companies) can donate and deduct for tax purposes a maximum of 10% of their taxable incomes to Section 18A approved public benefit organisations.
To join or donate to the FMF, follow these four easy steps:
- Complete the form below or log in if you are already a member
- Decide on payment frequency (monthly or annually or once-off)
- Decide on your donation amount (R300 minimum per year)
- Decide on payment method (credit card / EFT / debit order)
- Titanium membership: R1,000 per month
- Platinum membership: R200 per month
- Gold membership: R100 per month
- Silver membership: R600 per year
- Bronze membership: R300 per year