TRAC is funded by external donors from industry and business.  We remain grateful to our financial partners for their support.  Their donations enabled TRAC to continue its operations.

Donors usually select the areas in which they require TRAC to operate.  Normally, these areas coincide with locations where the donors have projects, plants, or factories.  The funding donated to TRAC is then utilised to uplift the communities in the surrounding areas. This implies that the TRAC intervention is provided to beneficiaries from socio-economic development funds at no cost to them.

Any donations made to TRAC are deposited directly into Stellenbosch University's account. From there, it is channelled to the TRAC cost centre in the Stellenbosch University financial system. The consolidated annual financial statements of Stellenbosch University are audited by Price Waterhouse Coopers in terms of International Auditing Standards. The income and expenditure relating to TRAC are included in the various line items in these audited consolidated annual financial statements.

When donations are made to TRAC, the standard process is to capture the legal aspects of the donation in an agreement between the donor and SU.  Donors receive a Section 18A tax redemption certificate for funds donated to TRAC.