The girls gather under the tents at Laboma Beach for a Christmas Picnic

Gift of the Butterfly Charitable Giving Monthly Financial Report – March

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.