The following is a budget update from Light of Love, an organization dedicated to rural health and education in Western China. For more information, please see here. The article strives to convey the transparent practices of Light of Love, in corporation with the Tfish Fund, by making public its financials.
Per quarter: 13200 yuan (lunch funds) + 120 yuan (dining monthly) + 100 yuan (subsidy for phone call) = 13420 yuan;
In total: 39600 yuan (lunch funds) + 360 yuan (dining monthly) + 300 yuan (subsidy for phone calls) = 40260 yuan.
Each quarter needs three sets of "dining monthly calendar”: 40 yuan/set * 3 sets = 120 yuan; A year requires nine pieces, for a total of 40 * 9 = 360 yuan.
Each quarter, phone subsidy of RMB 100 for who’s responsible for the investigation in secret by phone, a yearly subsidy of RMB 300.
Green Pond Elementary School costs 13200 yuan for funding children in poverty a quarter (3 months). A year (three quarters, the third quarter-July-September’s funding is not calculated because students are on vacation) total student funding is 39600 yuan (for details, see the above "Subsidizing Money Estimation"). Grants can be given once a quarter, grants are done by local volunteer teacher for poor students, and later feedbacks were also done by teacher volunteers and members of Love Light public welfare.
Since March 2012, the start of Green Pond Elementary School, within one year, at least 55 poor children in the school can have free meals at school.
At least 55 poor students in school got dinner funding; a rural primary school reached 100% of the students can eat meals at noon.
Note: in the information of recipients student, must fill out the phone number and address of the student, parents, and/or close friends, which allows the organization to be able to reach them at any time. Green Pond Primary School currently has at least 55 poverty students. Its main page on the TFish website will be updated early March when school starts, after teaching volunteers collect and file all the relevant docs.
Original Article: http://www.toumingyu.org/cpuaizhiguang/story/8045/.
Original Author: WeiXian Dai; Translated by Tfish Staff ShiShi Ma; Edited by EV intern Sarah Chang.
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