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Application For Support Under The Power To Make A Difference Programme
We execute our Power to Make a Difference programme through partnerships with registered charitable or non profit organisations.
Charitable organisations applying for support or partnership through the Power to Make a Difference programme must be charities registered with the Board of Inland Revenue. They must be well managed and accountable to donors for funds received. Beneficiaries who receive funds from the Power to Make a Difference programme will have to account for the use of funds through periodic expenditure reports. Funds must be used only for the purpose requested and must not be applied to other purposes without the bank’s written permission.
Charitable organisations seeking funding from the Power to Make a Difference programme must submit comprehensive proposals/plans. The organisation can utilise the application form on this website. However, all supporting documents must be sent via email to email@republictt.com. Where applicable, proposals must be accompanied by the relevant quotations.
For requests related to the purchase of vehicles, one quotation from three certified dealerships must be submitted. A list of all Directors, along with a copy of 1 form of National ID must be included. In making decisions regarding contributions to or partnerships with charitable organisations, we reserve the right to request a visit to the institution to ensure the relevance of the project to the programme's focus and the organisation’s eligibility for funding.
Requests for funding must reach us by April 30th to be considered under the following year's budget. All applications will be acknowledged but note: not all proposals succeed in getting funds. We inform all charitable organisations of their application results by October. We make disbursements according to our financial year which runs from October (of previous year) to September (of the following year). If we allocate funds for your project to be executed in a specific financial year and your organisation fails to do so, you will lose funding. For example, if we grant funds for your project to be executed in the fiscal year 2015/2016 and this is not done, your organisation must reapply to the programme the following year or afterwards.
Successful organisations must submit interim reports on the project’s progress as well as quarterly expenditure statements. Charitable organisations must account for all funds we provide. Also, if funds are allocated for one project, they cannot be transferred to another charitable organisation or project without the bank’s written permission.
Click here to apply to the Power To Make a Difference Programme.
