The following is June 2024’s financial summary for the project to fund St. Bakhita Foundation Orphanage.
Gift of the Butterfly Funds
- Carried over from May 2024: $282.60
- Total Donations Received: $300.00
- McClain Family Contribution: $500.08
- June Funds Available: $1082.60 (Includes 500.08 of McClain family contribution)
St. Bakhita Foundation Funds
- Total Donations Distributed in June: 700.08 (Includes 500.08 oof McClain Family contribution)
- Remaining May Disbursement: $1076.79
- St. Bakhita June Funds Available: $1776.87 (Includes $500.08 of McClain Family contribution)
Distributed Donations Paid for*:
- Rent: $00.00
- Utilities: $6.72
- School Fees: $335.93
- Food and Toiletries: $167.97
- Provisions (1 high-school girls): $195.26
- Maintenance: $178.04 – Plumbing Service for Septic Tank Issue
- Emergency Medical Bill: $00.00
- Transportation from/to Boarding School: $00.00
- Transportation to University: $20.83
- Transportation to Church: $00.00
- Grooming: $00.00
- Phone Bill: $00.00
- University Tuition for Student #4: $174.56
- Apprenticeship Fees (2 Students): $545.80
- Clothing and shoes: 45.69
- Total Disbursed Funds Used: $1559.97
- Remainder: $186.07
- 30 May 2024 Friends of St. Bakhita Account Balance: $382.60
Outstanding Bills**:
- School Fees: 22/23 Term 1 $500.71
- 22/23 Term 2 $1204.29
- 22/23 Term 3 $1204.29
- 23/24 Term 1 $1,242.86
- 23/24 Term 2 $1,242.86
- 23/24 Term 3 $1,242.863
- Rent: $3214.29 (to meet the three-year lease )
- Medical Bills: $339.29
- Term 3 Supplies and Lunches: $581 (total for 14 girls)
- Term 3 Provisions for high school: $535.71 (total for 6 girls)
- Semester provisions for university: $328.58 (total for 2 girls)
- Total Outstanding Bills***: $11055.71
July Bills***:
- Utilities: $111
- Food and Toiletries: $358
- Maintenance Costs: $43
- Emergency Fund: $5
- Transportation to University: $95
- Transportation to Apprenticeship: $110
- Transportation to Church: $35
- Grooming: $72
- Partial Payment of Debt $1843
- Total May Bills $2672
Upcoming Additional Expenditures***:
August
- University Housing and Provisions: $670
- University Tuition and Fees: $1016
- Transport to High School: $30
- High School Provisions: $540
September
- School fees 24/25 Term 1****: $1350
- Term 1 Supplies and Lunches: $581 (total for 14 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 14.0 Ghana Cedi/US dollar.
****Estimated cost for upcoming year. Will update when tuition amounts are announced later in the summer.