The following is August 2024’s financial summary for the project to fund St. Bakhita Foundation Orphanage.
Gift of the Butterfly Funds
- Carried over from July 2024: $782.60
- Total Donations Received: $900.00
- McClain Family Contribution: $589.39
- August Funds Available: $2271.99 (Includes 589.39 of McClain family contribution)
St. Bakhita Foundation Funds
- Total Donations Distributed in August: $1789.39 (Includes 589.39 of McClain Family contribution)
- Remaining July Disbursement: $24.43
- St. Bakhita August Funds Available: $1813.82 (Includes $589.39 of McClain Family contribution)
Distributed Donations Paid for*:
- Rent: $00.00
- Utilities: $84.06
- School Fees: $00.00
- Food and Toiletries: $148.39
- Provisions: $00.00
- Maintenance: $00.00
- Emergency Medical Bill: $467.74
- 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
- Tuition and Fees for Post-Secondary Student: 77.02
- Apprenticeship Supplies: $88.10
- Total Disbursed Funds Used: $865.31
- Remainder: $948.51
- 31 August 2024 Friends of St. Bakhita Account Balance: $482.60
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: $632.00
- School Provisions: $806.67
- Total Outstanding Bills***: $10301
September Bills***:
- Utilities: $130
- Food and Toiletries: $333
- Maintenance Costs: $72
- Emergency Fund: $10
- Transportation to University: $87
- Transportation to Apprenticeship: $102
- Transportation to Church: $38
- Grooming: $67
- 24/25 Term 1 Junior School Tuition and Supplies (total for 14 girls) $1880***
- University Housing and Provisions: $655
- University Tuition and fees: $900 -Remainder of August “Disbursed Funds” earmarked for these fees.
- Nursing School Tuition and Fees $285
- Transport to High School: $23
- High School Provisions: $333 (total for 5 girls)
- Partial Payment of Debt: $2576
- Total September Bills $7506
Upcoming Additional Expenditures***:
December
- Transport from High School: $23
December
- 24/25 Term 2 Junior School Tuition and supplies: $1,600
January
- 24/25 Term 2 Junior School Tuition and supplies: $1600
- University Housing and Provisions: $694
- University Tuition and Fees: $2500****
- Transport to high school: $23
- High School Provisions: $333
*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.
***Tuition and fees will vary based on which girls are accepted into which programs. Two previous graduates and four recent graduates have taken tests for admission into various programs which would begin in January.