Corporate Structure


AFnet’s Corporate Structure


AFnet is formally incorporated in the USA, in South Africa and in the United Kingdom (UK). A panel of 4 international board members under the chairmanship of Mr. Ron Shearer is responsible for overall oversight of the organization. An accredited auditing firm in California audits the books. The responsible person in charge of the annual audit is Mr. Walter Kondrasheff of Thomas, Walters and Kondrasheff, Certified Public Accountants, 1729 Seabright Avenue, Suite B, Santa Cruz, CA 95062, USA.

 

United States of America


In the USA AFnet is incorporated under section 501(a) of the Internal Revenue Code as an organization described in section 501(c)(3). AFnet Inc., therefore, is exempted from both Federal and State taxes in the USA, with Employer ID # : 33-0532248.

 

The United Kingdom


Likewise, in the UK AFnet is incorporated under the name: AFnet (UK) Trust, by the Charity Commission for England and Wales As Charitable Trust # 1093333 AFnet (UK) Trust enjoys full tax exemption in the UK.

 

The Republic of South Africa


In South Africa we are incorporated under Section 21 of the Companies Act 61 of 1973 as a Non-Profit company. The registration number of the company is 91 – 03369/08. But AFnet also is registered with the South African Revenue Services (SARS) as a “Public Benefit Organization” (PBO) with PBO Reference # 930008514. Therefore, all receipts and accruals are exempt from income tax in terms of section 10(1)(cN) of section 30 of the Income Tax Act.

The Field Base is located in Pretoria; at 59 Dr. Van Der Merwe Ave., Montana Park, Pretoria, South Africa. A panel of 7 African Trustees oversees the day to day activities of the organization, implementing and affecting the decisions of the International Board of Directors. As founder and president of the organization, Dr. Combrinck serves as the CEO and on all three boards, USA, UK and South African. His responsibilities include giving visionary direction and overall leadership to all the boards and field teams.

AFnet Inc. was originally set up as a religious non-profit with the aim of training African Leadership and expanding the Christian cause in Africa through strategic church planting efforts across many countries in Africa. However, in time it became evident to the team that apart from the specific Christian cause there also is a desperate cry for Humanitarian Aid all across Africa.

And so, AFnetAid was formed as a third strategic arm of AFnet Inc., but with a non-sectarian agenda. The aim of AFnetAid is humanitarian, with a focus on Community Development and AIDS relief, more specifically focusing on the needs of AIDS Orphans in Africa.

 

Evangelical Council for Financial Accountability


AFnet also is a fully accredited member of the Evangelical Council for Financial Accountability (ECFA). Displaying the ECFA Seal serves as an accredited symbol of trust; providing tangible evidence to donors that a ministry adheres to the highest standards of Christian ethics in financial accounting and reporting. Details op AFnet’s membership can be checked out on the ECFA web site at www.ecfa.org