FuelTrade presents GH¢1m to GETFund

FuelTrade Ghana Limited has presented a cheque for GH¢1 million to the Ghana Education Trust Fund (GETFund).

The presentation formed part of FuelTrade’s corporate social responsibility and dovetailed into GETFund’s novel strategic partnerships with the private sector.

The presentation represented the first major corporate partnership secured by its newly established Fundraising department.

Presenting the cheque on behalf of FuelTrade, the Chief Human Resource Manager, Christabel Sewornu, pointed out that the partnership presented the company with an opportunity to support impactful and sustainable educational interventions, particularly in the areas of scholarship and infrastructure, which are essential elements for youth empowerment.

A communique signed and issued by the Deputy Director of Finance of FuelTrade, Baffour Appiah Danquah, expressed their pleasure to collaborate with GETFund through the initiative.

Receiving the cheque, the GETFund Administrator, Paul Adjei, expressed appreciation to FuelTrade, while describing the contribution as a demonstration of corporate responsibility and confidence in education as a driver of national development.

Mr Adjei pointed out that the donation aligned with GETFund’s vision of improving access to quality education through the provision of infrastructure and strengthening the learning environment for students across the country.

Task reliefs

As part of the partnership framework, he disclosed that GETFund had negotiated with the Ghana Revenue Authority (GRA) to ensure that donations to the Fund qualified for tax deductions under the Income Tax Act 2015 (ACT 896).

Such an arrangement, Mr Adjei explained, enabled corporate entities to fulfil their corporate social responsibilities while supporting national educational priorities.