6-Point Charity Fund Model

Receipient : GNANAM

Feb-10 Mar-10 Apr-10 May-10 Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Total

Sponsorship from YB Elizabeth Wong 3,900.00 3,900.00

Public donations-actual(cash) -
- paul wong (22/2/2010) 600.00 600.00
- sunny lim (3/3/2010) 100.00 100.00
- rodi tahir (6/3/2010) 100.00 100.00
- queenie khoo (6/3/2010) 100.00 100.00

Inflows 4,500.00 300.00 - - - - - - - - - - - - - - - - 4,800.00

Cambridge A-levels (B. A.C.)

tuition fees * 2,500.00 2,500.00
examination fee* 1,400.00 1,400.00

Subsistence expenses:
Meals (1) 30.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 120.00 2,070.00
transport(2) 10.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 690.00
out-of-pocket (3) 10.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 690.00
disbursed on 25/2/2010 - cash
Miscellaneous:
TM netbook with 1 mibps streamyx broadband 80.00 80.00 80.00 80.00 80.00 80.00 80.00 80.00 80.00 80.00 80.00 80.00 80.00 1,040.00
(College/Uni pack from TM)
TM homeline:(a requirement for TM Uni-pack)
- initial deposit 75.00 75.00
- stamp fee 10.00 10.00
- monthly rental charge 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 25.00 325.00
- installation/wiring charges 50.00 50.00

Outflows 3,950.00 200.00 200.00 200.00 200.00 440.00 305.00 305.00 305.00 305.00 305.00 305.00 305.00 305.00 305.00 305.00 305.00 305.00 8,850.00

Inflows over Outflows 550.00 100.00 (200.00) (200.00) (200.00) (440.00) (305.00) (305.00) (305.00) (305.00) (305.00) (305.00) (305.00) (305.00) (305.00) (305.00) (305.00) (305.00) (4,050.00)
B/F Surplus/(Deficit) - 550.00 650.00 450.00 250.00 50.00 (390.00) (695.00) (1,000.00) (1,305.00) (1,610.00) (1,915.00) (2,220.00) (2,525.00) (2,830.00) (3,135.00) (3,440.00) (3,745.00)
C/F Surplus/(Deficit) - buffer funds 550.00 650.00 450.00 250.00 50.00 (390.00) (695.00) (1,000.00) (1,305.00) (1,610.00) (1,915.00) (2,220.00) (2,525.00) (2,830.00) (3,135.00) (3,440.00) (3,745.00) (4,050.00)

Remarks:
* YB Elizabeth Wong's office has kindly sponsored the course/exam. fees for Gnanam. total buffer funds to cover future contingencies: an estuimation
1) CLP : ( examination month : July each year)
course fees (full payment)
Subsistence assistance from donations:an estimation - registration & resource fees 1,500.00
(1) meals: RM5 x 3 meals per day x 8 times (per month) approx. RM120 per month - lump sum course fee 4,500.00
(2) transport money (to & fro college) - say RM5 per day x 8 times (per month) approx. RM40 per month 6,000.00
(3) out-of-pocket expenses - say RM5 per day x 8 times (per month) approx. RM40 per month examination fee (payable to
Legal Qualifying Board)
Helping Gnanam - registration fee 3,000.00
This is a 6-Point Charity Fund Model tailored on compassionate grounds. - examination fee 1,000.00
1. We try to raise donations from public. (variable factor) 4,000.00
2. Outflows reflect the boy's immediate basic needs. total fees payable 10,000.00
3. Regulated disbursements of funds to ease financial burden of committed study and some emotional independence.
4. Mentoring and trustee functions cease when the boy graduates from law school. 2) subsistence allowances 3,450.00
5. Generate residual savings as a starting platform of long term financial security.
6. Explore avenues for Gnanam to get a secure job in the future. 3) cushioning factor 885.00 10% of total outflows

4) residual savings (18,385.00) (to be reinvested under FD in trust for Gnanam.) - variable factor
The 6-Point Charity Fund Model looks beyond race, religion & color. It is a straightforward, yet simple and compassionate
approach to helping someone to get out of the doldrums of poverty and marginalized perception. buffer funds (4,050.00) - variable factor
A caring society with good and persistent mentoring responsibilities will be the main criteria for the successful implementation
A caring society with good funding support will also see to the successful duplication of this pilot model for others.

prepared by : Paul Wong