6-Point Charity Fund Model

Receipient : GNANAM
actual position

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-(cash) -
- paul wong (22/2/2010) 600.00 600.00
- sunny lim (3/3/2010)-Mar 100.00 100.00
- rodi tahir (6/3/2010) 100.00 100.00
- queenie khoo (6/3/2010) 100.00 100.00
- paul wong (27/3/2010) cash 939.00
- james kuok (29/3/2010) 200.00
- paul wong (20/4/2010) cash 160.00
- sunny lim (4/5/2010) cash-Apr/May 200.00
- Jayanath Appudurai(8/5/2010)-cash 100.00
- estrelita grosse (19/5/2010)-cash 100.00
- paul wong (2/6/2010)-cash 50.00
- Estrelita Grosse (3/6/2010)-cash 100.00
- sunny lim (9/6/2010) - cash 100.00
- Angeline Santhanam (26/6/2010-cash 50.00
Inflows 4,500.00 1,439.00 - 560.00 300.00 - - - - - - - - - - - - - 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) 30.00 120.00 120.00 120.00 120.00 120.00 120.00 750.00
transport(2) 10.00 40.00 40.00 40.00 40.00 40.00 40.00 250.00
out-of-pocket (3) 10.00 40.00 90.00 90.00 90.00 90.00 90.00 500.00
disbursed on 25/2/2010 - cash 27/3/2010 20/04/2010 19/05/2010 21/06/2010 21/07/2010
cash cash cash cash cash
Miscellaneous:
12/3/2010 - Dictionary of law #000044 39.90
desktop pc-DELL (27/3/2010) 939.00
Epson printer (new) 160.00
books & stationeries (19/5/2010) 50.00
11/6/2010- shoes/LS shirts 150.00
Outflows 3,950.00 1,178.90 250.00 410.00 450.00 250.00 250.00 - - - - - - - - - - - 6,738.90

Inflows over Outflows 550.00 260.10 (250.00) 150.00 (150.00) (250.00) (250.00) - - - - - - - - - - - 60.10
B/F Surplus/(Deficit) - 550.00 810.10 560.10 710.10 560.10 310.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10
C/F Surplus/(Deficit) - buffer funds 550.00 810.10 560.10 710.10 560.10 310.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10 60.10

Remarks:
* YB Elizabeth Wong's office has kindly sponsored the course/exam. fees for Gnanam. total buffer funds to cover future contingencies:
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 -- variablefactor 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 1,500.00
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 673.89 10% of total outflows

4) residual savings ** (12,113.79) (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 60.10 - 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 model for others.
note: ** negative value means current inflows insufficient to generate residual savings.

prepared by : Paul Wong