(1) The Foundation is exempt from the payment of income tax and property tax.
(2) All instruments executed by or on behalf of the Foundation are exempt from stamp duty.
(3) Despite any law or enactment in force, all gifts, property or financial securities donated to the Foundation by a company shall be allowed as a tax deduction up to the full value of such donation for the purpose of income or estate taxes, as the case may be. (Substituted by Act 4 of 2016)