This is the primary fundraising initiative of the FSSO, launched in June 2016. After many years in which the FSSO reliably received generous multi-year funding grants from the Lotto (the National Lotteries Commission), supplemented by an annual grant from the NAC (National Arts Council), these public funding sources have become rather uncertain.
If its core funding is uncertain, the FSSO cannot plan annual concert programmes properly, cannot engage top performers and conductors timeously and cannot market its annual programme to music lovers. The FSSO’s crucial educational role in mentoring and developing a next generation of young musicians, whether as teachers or as performing artists, comes under threat.
We can reduce the FSSO’s vulnerability only if private individuals and the business sector take joint responsibility, in conjunction with government where possible, for the long-term viability of the Free State’s only professional symphony orchestra and orchestral training programme. (This includes a youth symphony orchestra.)
The FSSO has obtain Section 18A status from the SA Revenue Service (SARS) on the basis of its music-educational pipeline. This implies that donations to the FSSO are fully tax-deductible. This greatly reduces the after-tax cost of a donation to any donor.
Monthly or annual donations are sought from individuals and companies in a number of categories (linked to donation thresholds). A debit order form is available on request. Alternatively, donations can be deposited into a FSSO bank account.
Threshold amounts vary from R125 to R1250 per month (for Friends) and R1250 to R5000 or more per month for Patrons.
There also is the option to sponsor the Chairs of the concert master, other principals or co-principals, or tutti players – or to sponsor the Podium of the conductor.
Tax-deductibility dramatically reduces the effective cost of a donation – one typically gets from 30% up to 45% of the amount back from the Receiver of Revenue.
Testamentary bequests to the FSSO Endowment Fund constitute a further and most significant way to make a durable contribution to the FSSO. Bequests are exempted from Estate Tax. A suitable codicil is available on request.
Threshold amounts vary between R25 000 and R250 000 per annum.
Please also contact us if you want to suggest potential patrons or donors (private or individual) that we could approach in this regard.