The Ghana Education Trust Fund (GETFund) has received a transformative donation of One Million Ghana Cedis (GH¢1,000,000) from FuelTrade Ghana Limited, a wholly Ghanaian-owned Bulk Distribution Company (BDC).

The donation forms part of FuelTrade’s corporate social responsibility initiatives and dovetails into GETFund’s new strategic partnerships with the private sector. It also represents the first major corporate partnership secured by the Fund’s newly established fundraising department.

Presenting the cheque on behalf of FuelTrade, Christabel Sewornu, Chief Human Resource Manager, stated that the partnership provides the company with an opportunity to support impactful and sustainable educational interventions, particularly in the areas of scholarships and infrastructure, two essential pillars for youth empowerment.

In a communiqué signed by the Deputy Director of Finance of FuelTrade, Baffour Appiah Danquah, the company expressed its pleasure in collaborating with GETFund through the initiative.

He emphasised that FuelTrade remains firmly committed to investing in the communities in which it operates and to supporting initiatives that promote long-term socio-economic development.

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

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

As part of the partnership framework, he disclosed that GETFund has negotiated with 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 Adjei, this arrangement enables corporate entities to fulfil their corporate social responsibility obligations while supporting national educational priorities.

He assured that “this and other donations will be utilised efficiently and with full accountability, and regular updates and impact reports will be shared with the public through GETFund’s official platforms.”