The following is March 2024’s financial summary for the project to fund St. Bakhita Foundation Orphanage.
Gift of the Butterfly Funds
- Carried over from Feb 2023: $344.60
- Total Donations Received: $1064.00
- McClain Family Contribution: $582.00
- March Funds Available: $1986.60
St. Bakhita Foundation Funds
- Total Donations Distributed in Mar: 1916.00 (Includes $82 of McClain Family contribution)
- Remaining Feb Disbursement: $901.87 (Includes $500 of McClain Family contribution)
- St. Bakhita March Funds Available: $2817.87 (Includes $582 of McClain Family contribution)
Distributed Donations Paid for*:
- Rent: $400.00
- Utilities: $124.00
- School Fees: $550.81
- Food and Toiletries: $399.05
- Provisions Repayment: $310.28
- Maintenance: $00.00
- Emergency Medical Bill: $56.00
- Transportation to University: $102.77
- Transportation to Church: $35.97
- Grooming: $79.05
- Phone Bill: $15.81
- Total Disbursed Funds Used: $2073.74
- Remainder (includes $44.13 set aside for maintenance): $744.13
- 31 Mar 2024 Friends of St. Bakhita Account Balance: $74.60
Outstanding Bills**:
- School Fees: 21/22 Term 3 $976.42
- 22/23 Term 1 $1,370.73
- 22/23 Term 2 $1,370.73
- 22/23 Term 3 $1,370.73
- 23/24 Term 1 $1,414.63
- 23/24 Term 2 $1,414.63
- Rent: $4471.54 (to meet the three-year lease )
- Medical Bills: $386.18
- Total Outstanding Bills***: $11404.88
Apr Bills***:
- Utilities: $145
- Food and Toiletries $405
- Maintenance Costs $55
- Emergency Fund $17
- Transportation to University $105
- Transportation to Church $40
- Grooming $81
- Term 3 Tuition $1415 (total for 14 girls)
- Term 3 Supplies and Lunches $667 (total for 14 girls)
- Term 3 Provisions for high school $951 (total for 9 girls)
- Transport to/from high school $100 (total for 9 girls round trip)
- Partial Payment of Debt $1267
- Total April Bills $5244
Upcoming Additional Expenditures***:
- Apprenticeship/Vocational Fees $150-475 per student depending on the school/program
May
- University Tuition for University student #4: $205
June
- Transport from high school $50 (total for 9 girls)
*All dollar amounts for paid bills reflect the exchange rate at the time of exchange.
**Outstanding bills are bills that are past due. This includes the three-year advance requirements for housing which is a regular occurrence due to the housing shortage in Accra.
***All dollar amounts for outstanding bills and budgeted costs are calculated at a rate of 12.3 Ghana Cedi/US dollar.