Finance

For the 2015/2016 financial year TAC has a budget of R35 million (approximately US$3.5 million). At the time of writing, only a fraction of that has been secured. Ideally, the TAC would have R40 million ($4 million) per year secured for the next five years. This would allow us to focus on ensuring everyone in South Africa has access to the healthcare services they need.

The TAC’s finances are audited annually by independent external auditors. Any fraud, corruption or mismanagement is vigorously addressed in terms of our strict internal policies and the relevant laws.

 

Fundraising & Donations

You can access the TAC's generic fundraising proposal for the 2015/16 financial year here. If you would like any further information on the TAC, would like to donate money, or are from a grant making organisation please do not hesitate to get in touch with Malvin from our resource mobilisation team on malvin.nhaitayi@tac.org.za

As decided by our elected decision making body, the National Council, the TAC does not accept donations from the South African Government or from the pharmaceutical industry. Money deposited in our bank account from these institutions will be returned.

 

Audits

Below is a list of the TAC's financial audits since inception and other financial information. 

The 2013 Audited Financial Statement will be published shortly. We apologise for any inconvenience that this delay may cause.

TAC audit for Year ending February 2013 (pdf file)

TAC audit for Year ending February 2012 (pdf file)

TAC audit for Year ending February 2011 (pdf file)

TAC audit for Year ending February 2010 (6.4MB pdf file)

TAC audit for Year ending February 2009 (4.3MB pdf file)

TAC audit for Year ending February 2008 (1.2MB pdf file)

TAC audit for year ending February 2007 (1.2MB pdf file)

TAC audit for year ending February 2006 (1.2MB pdf file)

TAC audit for year ending February 2005 (1.2MB pdf file)

TAC audit for year ending February 2004 (2.1MB pdf file)

TAC audit for year ending February 2003 (pdf)

TAC audit for the period ending February 2002

TAC audit for the period ending February 2001

Download the entire TAC audit for the period ending February 2001

TAC audit for the period ending February 2000

Download the entire TAC audit for the period ending February 2000

TAC Section 21 : Certificate of Incorporation of a Company not having a Share Capital