The following is July 2024’s financial summary for the project to fund St. Bakhita Foundation Orphanage.
Gift of the Butterfly Funds
- Carried over from June 2024: $382.60
- Total Donations Received: $700.00
- McClain Family Contribution: $500.00
- June Funds Available: $1582.60 (Includes 500.00 of McClain family contribution)
St. Bakhita Foundation Funds
- Total Donations Distributed in July: $800.00 (Includes 500.00 of McClain Family contribution)
- Remaining June Disbursement: $196.07
- St. Bakhita June Funds Available: $996.07 (Includes $500.00 of McClain Family contribution)
Distributed Donations Paid for*:
- Rent: $328.95
- Utilities: $69.08
- School Fees: $00.00
- Food and Toiletries: $118.42
- Provisions: $00.00
- Maintenance: $00.00
- Emergency Medical Bill: $55.86
- Transportation from/to Boarding School: $00.00
- Transportation to University: $00.00
- Transportation to Apprenticeship: $00.00
- Transportation to Church: $00.00
- Grooming: $00.00
- Phone Bill: $00.00
- Graduation Fees for 4 girls finishing secondary: $399.34
- Apprenticeship Fees: $00.00
- Clothing and shoes: $00.00
- Total Disbursed Funds Used: $971.65
- Remainder: $24.43
- 31 July 2024 Friends of St. Bakhita Account Balance: $782.60
Outstanding Bills**:
- School Fees: 22/23 Term 1 $467.33
- 22/23 Term 2 $1124.00
- 22/23 Term 3 1124.00
- 23/24 Term 1 $1160.00
- 23/24 Term 2 $1160.00
- 23/24 Term 3 $1160.00
- Rent: $2666.67 (to meet the three-year lease )
- Medical Bills: $952.67
- School Provisions: $806.67
- Total Outstanding Bills***: $10621.34
August Bills***:
- Utilities: $103
- Food and Toiletries: $333
- Maintenance Costs: $53
- Emergency Fund: $8
- Transportation to University: $87
- Transportation to Apprenticeship: $102
- Transportation to Church: $45
- Grooming: $78
- University Housing and Provisions: $585
- University Tuition and fees: $1016
- Transport to High School: $28
- High School Provisions: $434 (total for 5 girls)
- Partial Payment of Debt: $2140
- Total August Bills $5012
Upcoming Additional Expenditures***:
September
- 24/25 Term 1 Junior School Tuition and supplies: $1,880****
- Nursing School Tuition and Fees $285
*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 15.0 Ghana Cedi/US dollar.
****Reflects actual tuition costs at a rate of 15.0 Ghana Cedi/US dollar.