PRASANNA JYOTHI FINANCE UPDATE APRIL 2011 MARCH 2012

PRASANNA JYOTHI FINANCE UPDATE APRIL 2011 – MARCH 2012

� Asha Austin has supported the project since 2004 � $39, 146 in funds have been sent by Asha Austin to-date � The main impact of the funding has been to provide opportunities for the girls to become independent through education � The vision and goals of the project remain the same – to nurture and empower young girls to become independent through education

Funding Cycle Educational Budget Exchange Rate Budget US$ Disbursement by Asha No. of children Oct-03 144000 48. 07 2996 1680 18 2004 -05 170000 45. 66 3723 3600 21 2005 -06 230021 43. 7 5264 4200 18 2006 -07 168191 44. 27 3799 5476 19 2007 -08 200000 44. 18 4527 5250 19 2008 -09 187109 39. 41 4748 5120 22 2009 -10 415000 48. 56 8546 6800 23 2010 -11 350000 44. 35 7892 7020 23 2011 -12 290, 950 44. 75 6495 21

PJ BUDGET 2011 -2012 Prasanna Jyothi - A unit of Prasanna Trust 2010 -11 Revised Estimate Income 1 2010 -11 2011 -12 Estimate Provisional Actuals I Half II Half 2010 -11 Total Expenses Rs. Rs. 2 3 4 5 6(4+5) 7 2010 -11 2011 -12 Estimate Provisional Revised Estimate Actuals I Half II Half Total Rs. Rs. 8 9 10 11 12(10+11) Foreign Sources Asha Foundation 313859 317884 165000 Ms. Schapper 100000 0 0 20000 0 135172 14664 MICO Child Sponsorship Other Donations Sub - Total 583695 330000 Education 273958 282158 192000 51000 243000 0 0 Food 274508 297421 160000 320000 0 Salary 68500 75856 40000 80000 134415 70000 165000 82500 165000 15562 8000 132715 142473 40000 80000 Electricity 58830 53961 30000 60000 Health Care 95022 88433 45000 90000 230995 218542 120000 240000 Telephone 5251 6250 3000 4000 7000 Printing & Stationary 6275 7104 4000 3000 7000 4006 0 4006 1315060 1341204 720506 575500 1296006 -70046 -202415 -129506 15500 -114006 1245014 1138789 591000 1182000 467861 243000 Share of Head Office Expenses - Salary of 140000 one staff member Repairs & 16000 Mainenance 486000 Transport Domestic Sources Annadhana 170703 173951 90000 180000 Property Tax Jnandhana 114610 116610 60000 120000 Child Sponsorship 305000 309500 160000 320000 71006 70867 38000 76000 661319 670928 348000 Other Donations Sub-Total 696000 Sub-total Deficit Met / to be met from Corpus Surplus taken to Corpus Total 1245014 1138789 591000 1182000 Total

PER CHILD Tuition Fee Computer Fee Text Books 1200 Maintenance Fee Uniform (3 sets) Note Books 250 Shoe / Socks In first half Rs. 3000 1500 In second half Rs. 3000 0 0 600 1500 0 Total per child Total - 17 children 300 0 ------------------8350 3000 141, 950 51, 000 Adhoc for Child 1 who will be going to College (11 th Std) 25, 000 Adhoc for Child 2 who has to go to Special school Total for the year 25, 000 -------------------191950 51000 Living expenses For 2 girls for 1 yr 24, 000 TOTAL FUNDING REQUEST = 24, 000 290, 950 INR

PJ’s funding request is 290, 950 INR (~US$6495) 1 st half: 215, 950 INR (~US$4821) 2 nd half: 75, 000 INR(~US$1674)

� In 2009, PJ raised $7717, PJ disbursed $6900, balance in PJ bucket at end of 2009 = $817 � In 2010, PJ raised $8456(in Austin) + $160 (transferred from Asha. Wide). PJ disbursed $7020. So, as of 12/31/2010, combined balance for PJ = $2413 � As per the meeting in March, the additional chapter funds that towards PJ for the first half of this year is $973 � So total $$ available for current disbursement = $2413 + $973 = $3386

Total expected funds from SAC program for 2011 -2012 (21 x $300): 6300 I. Funds received from SAC donors: 2250 II. Funds to be collected from SAC donors: � Expected funds from SAC donors: � Sponsorship required: � Total: 3450 600 4050 III. Available funds: � Carried over from 2010 (includes SAC donors contributions in I): 3386 � � Funds designated for 2012 -2013: Balance available for this year: Funds contributed by non-SAC donors since Jan 2011: Total on hand: 300 3086 176 3262