Our budgetted costs (staffing and web related services)
for the current financial year are expected to be:
US$40 000
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To view income sources from a specific financial year: |
CYC-NET is a registered Non-Profit Organisation in South Africa. CYC-NET is also approved by the South African Revenue Service as a public benefit organisation and as such is exempt from paying taxes and duties [Section 10(1) (cN) of the Act]. Furthermore, as an approved public benefit organisation, donations to CYC-NET made inside the Republic of South Africa are tax deductable in the hands of the donors [Section 18A(1)(a)]
The CYC-NET Constitution lists three important items about membership and funds:
1. Ordinary membership is free
All people interested or involved in the field of child and youth care are
welcome to participate in its discussions and make use of its web site.
2. Voluntary paid
membership
Those who wish to make a contribution and who are thereby also welcome if
they wish to participate more fully in CYC-NET's affairs (e.g. nominate
Board members, vote at meetings, receive reports, etc.):
Associate membership (for individuals)
Collegiate membership (for agencies, colleges, etc)
3. CYC-NET can receive donations
Membership Fees and donations
Because of the international nature of CYC-NET and the wide diversity in our members, we have considered the following two ideas:
1. Fees and Donation options are price-tagged in US dollars. This currency is universally understood and gives a common basis for calculation.
2. Members and donors may choose a price range which is comfortable for them. An Associate Member (Individual) may choose, for example, a $15, a $30 or a $50 price tag for Associate Membership.*
* Note that international exchange rates differ so widely that $20 may be a reasonable fee for a developed country, but may be quite out of reach for a member living within a developing economy.