The Ghana Education Trust Fund (GETFund) has received a donation of GH¢1 million from Fueltrade Ghana Limited, a wholly Ghanaian-owned Bulk Distribution Company (BDC), to support educational development.
The contribution forms part of Fueltrade’s corporate social responsibility efforts and aligns with GETFund’s strategy to strengthen partnerships with the private sector.
It also represents the first major corporate partnership secured by GETFund’s newly established fundraising department.
Presenting the cheque on behalf of Fueltrade, the company’s Chief Human Resource Manager, Christabel Sewornu, said the partnership offers the company an opportunity to support impactful and sustainable educational interventions.
She noted that the initiative will particularly support scholarships and educational infrastructure, which she described as critical elements in empowering young people.
In a communiqué signed by Fueltrade’s Deputy Director of Finance, Baffour Appiah Danquah, the company expressed its pleasure in collaborating with GETFund through the initiative.
He emphasised that Fueltrade remains committed to investing in the communities in which it operates and supporting programmes that promote long-term socio-economic development.
Receiving the cheque, the Administrator of GETFund, Paul Adjei, expressed appreciation to Fueltrade for the support. He described the donation as a strong demonstration of corporate responsibility and confidence in education as a driver of national development.
Mr Adjei noted that the contribution aligns with GETFund’s vision of expanding access to quality education by providing infrastructure and improving learning environments across the country.
As part of the partnership framework, he disclosed that GETFund has engaged the Ghana Revenue Authority (GRA) to ensure that donations to the Fund qualify for tax deductions under the Income Tax Act, 2015 (Act 896).
According to him, the arrangement enables corporate organisations to fulfil their corporate social responsibilities while contributing to national educational priorities.
Mr Adjei assured that the funds, along with other donations received by the Fund, will be used efficiently and with full accountability.
He added that regular updates and impact reports on the use of such donations will be shared with the public through GETFund’s official platforms.
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Source: www.myjoyonline.com