PRASANNA JYOTHI A home for homeless girls Presentation

PRASANNA JYOTHI A home for homeless girls Presentation of Budget 2009 -10

PRASANNA JYOTHI Income 2008 -09 Rs. Estimate Expenses Actuals 2008 -09 Rs. Rs Estimate Actuals Foreign Sources Asha Foundation 246161 226279 Education - Note 1 207418 187109 Ms. Schapper 185000 125000 Food 204287 203942 40000 30000 Salary 44000 38892 117263 98387 Share of Head Office Expenses Salary of one staff member 150000 13145 8145 Repair & Maintenance Note 2 360032 536280 601569 487811 Electricity 50000 43446 Health Care 25000 41700 Transport - Note 3 217317 224654 Telephone 13229 9878 5000 4247 15000 4006 1291283 1444154 -177519 -302805 1113764 1141349 MICO Child Sponsorship Other Donations Sub - Total Domestic Sources Annadhana 170000 184089 Printing & Stationary Jnandhana 130000 145000 Property Tax Child Sponsorship 150000 250970 62195 73479 512195 653538 Other Donations Sub-Total Sub-total Deficit to be met from Corpus Total 1113764 1141349 Total

A LOOK AT ASHA’S FUNDING 2008 -09 Apr to Sep 08: US$3450 = 144, 900 INR (Based on currency XE on May 1, 2008: US$1= 42 INR) Oct 08 to Mar 09: US$1670 = 81, 830 INR (Based on currency XE on Nov 1, 2008: US$1= 49 INR Total disbursed in USD = $5120 Total disbursed in INR = 226, 730 Rps* (*note: some bank transactional fees are involved so the final amount reflected in PJ accounts is 226, 279 Rps) Actual educational expenses = 187, 109 Rps

Prasanna Jyothi Income 2009 -10 I half 2009 -10 II half 2009 -10 Total Rs. Estimate Expenses 2009 -10 I half 2009 -10 II half 2009 -10 Total Rs. Rs Rs. Estimate Foreign Sources Asha Foundation 115000 Ms. Schapper MICO Child Sponsorship Other Donations Sub - Total 15000 115000 230000 Education - Note 1 287700 75300 363000 100000 Food 110000 220000 15000 30000 Salary 22500 45000 Share of Head Office Expenses Salary of one staff member 75000 150000 Repair & Maintenance 20000 30000 50000 Electricity 250000 Health Care 22000 23000 45000 Transport 130000 150000 280000 Telephone 5000 7000 12000 50000 100000 7500 15000 187500 287500 475000 Domestic Sources Annadhana 90000 100000 190000 Printing & Stationary 2500 5000 Jnandhana 60000 70000 130000 Property Tax 5000 0 5000 Construction of School Bulding 50000 4500000 Sub-total 754700 970300 1725000 Deficit to be met from Corpus -257200 -327800 -585000 Total 497500 642500 1140000 Child Sponsorship Other Donations Sub-Total 130000 140000 270000 30000 45000 75000 310000 355000 665000 497500 642500 1140000 Note 1 - Nineteen children have been shifted to a different school to improve standard of education and on concerns of safety. Hence, for the academic year 2009 -10, we have already remitted a fee of Rs. 206, 000/- towards admission fees; books; and three months tuition fees.

Breakdown of Educational Expenses No. of Children Grade Expense item Amount (INR) 4 LKG/UKG Admission fees; tuition fees for 3 months and text books 38, 000 14 1 st to 6 th std Admission fees; tuition fees for 3 months and text books 1, 68, 000 1 7 th Tuition fees for 2 months and text books 3, 400 18 LKG to 6 th Tuition fees for 3 months of I half of 09 -10 21, 600 1 7 th Tuition fees for 4 months of I half of 09 -10 700 All Uniforms / Shoes / Note books 38, 000 All Private tuition fees 18, 000 TOTAL: 287, 700

REQUEST FOR INCREASE IN CONTRIBUTION • There has been no change in sponsorship rate of $20/month in 9 years, however, educational expenses have increased significantly from 154, 000 Rps (2000 -2001) to 363, 000 Rps (2009 -10). • In particular, this year, due to the change of school, the educational expenses have increased significantly. • Requested increase of $5/month, giving a new rate of $25/month for the period Apr 09 -Mar 10. • New total = $25 x 12 months x 22 children = $6, 600 ≈ 328, 614 INR which will cover approx. 90% of their educational expenses.