6-Point Charity Fund Model

Receipient : GNANAM
actual position

Feb-10

Sponsorship from YB Elizabeth Wong

4,500.00

Cambridge A-levels (B. A.C.)
tuition fees *
examination fee*

2,500.00
1,400.00

Inflows over Outflows
B/F Surplus/(Deficit)
C/F Surplus/(Deficit) - buffer funds

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

3,900.00

600.00

600.00
100.00
100.00
100.00

100.00
100.00
100.00
939.00
200.00
160.00
200.00
100.00
100.00
50.00
100.00
100.00
50.00

30.00
10.00
10.00

1,439.00

-

560.00

300.00

-

-

219.90
250.00
469.90

-

-

-

-

-

-

-

-

-

-

4,800.00

2,500.00
1,400.00

120.00
40.00
40.00

disbursed on 25/2/2010 - cash

Miscellaneous:
12/3/2010 - Dictionary of law #000044
desktop pc-DELL (27/3/2010)
Epson printer (new)
books & stationeries (19/5/2010)
11/6/2010- shoes/LS shirts
Outflows

Apr-10

3,900.00

Public donations-(cash)
- paul wong (22/2/2010)
- sunny lim (3/3/2010)-Mar
- rodi tahir (6/3/2010)
- queenie khoo (6/3/2010)
- paul wong (27/3/2010) cash
- james kuok (29/3/2010)
- paul wong (20/4/2010) cash
- sunny lim (4/5/2010) cash-Apr/May
- Jayanath Appudurai(8/5/2010)-cash
- estrelita grosse (19/5/2010)-cash
- paul wong (2/6/2010)-cash
- Estrelita Grosse (3/6/2010)-cash
- sunny lim (9/6/2010) - cash
- Angeline Santhanam (26/6/2010-cash
- paul Wong (6/8/2010)
- paul wong (14/9/2010)
Inflows

Subsistence expenses:
Meals (1)
transport(2)
out-of-pocket (3)

Mar-10

120.00
40.00
90.00

120.00
40.00
90.00

120.00
40.00
90.00

120.00
40.00
90.00

120.00
40.00
90.00

120.00
70.00
90.00

120.00
40.00
90.00

27/3/2010

20/04/2010

19/05/2010

21/06/2010

21/07/2010

6/8/2010-RM30

14/9/2010

cash

cash

cash

cash

cash

17/8/2010-RM250

cash

990.00
360.00
680.00

cash

39.90
939.00
160.00

3,950.00

1,178.90

550.00
550.00

260.10
550.00
810.10

250.00

410.00

50.00
150.00
450.00

250.00

250.00

280.00

250.00

-

-

-

-

-

-

-

-

-

(250.00)
810.10
560.10

150.00
560.10
710.10

(150.00)
710.10
560.10

(250.00)
560.10
310.10

(250.00)
310.10
60.10

189.90
60.10
250.00

(250.00)
250.00
-

-

-

-

-

-

-

-

-

-

Remarks:
* YB Elizabeth Wong's office has kindly sponsored the course/exam. fees for Gnanam.

Subsistence assistance from donations:an estimation
(1) meals: RM5 x 3 meals per day x 8 times (per month) approx. RM120 per month
(2) transport money (to & fro college) - say RM5 per day x 8 times (per month) approx. RM40 per month
(3) out-of-pocket expenses - say RM5 per day x 8 times (per month) approx. RM40 per month -- variablefactor
Helping Gnanam
This is a 6-Point Charity Fund Model tailored on compassionate grounds.
1. We try to raise donations from public.
(variable factor)
2. Outflows reflect the boy's immediate basic needs.
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.
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.

(0.00)

total buffer funds to cover future contingencies:
1) CLP : ( examination month : July each year)
course fees (full payment)
- registration & resource fees
1,500.00
- lump sum course fee
4,500.00
6,000.00
examination fee (payable to
Legal Qualifying Board)
- registration fee
3,000.00
- examination fee
1,000.00
4,000.00
total fees payable
10,000.00
2) subsistence allowances
3) cushioning factor
4) residual savings **

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.
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 model for others.

7,268.90

buffer funds

2,030.00
726.89 10% of total outflows
(12,756.89) (to be reinvested under FD in trust for Gnanam.)
(0.00)

- variable factor
- variable factor

note: ** negative value means current inflows insufficient to generate residual savings.

prepared by : Paul Wong

Sign up to vote on this title
UsefulNot useful