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 ,

Prasanna Jyothi - A unit of Prasanna Trust Estimate Estimate Income Revised EstimateProvisional ActualsI HalfII HalfTotalExpensesRevised Estimate Provisional ActualsI HalfII HalfTotal Rs (4+5) (10+11) Foreign Sources Asha Foundation Education Ms. Schapper Food MICO Salary Child Sponsorship Share of Head Office Expenses - Salary of one staff member Other Donations Repairs & Mainenance Electricity Health Care Sub - Total Transport Telephone Domestic Sources Printing & Stationary Annadhana Property Tax Jnandhana Child Sponsorship Other Donations Sub-Total Sub-total Deficit Met / to be met from Corpus Surplus taken to Corpus Total Total

PER CHILD In first half In second halfRs. Tuition Fee Computer Fee Text Books12000 Maintenance Fee 6000 Uniform (3 sets)15000 Note Books2500 Shoe / Socks Total per child Total - 17 children 141,950 51,000 Adhoc for Child 1 who will be going to College (11th Std) 25,000 Adhoc for Child 2 who has to go to Special school 25, Total for the year Living expenses For 2 girls for 1 yr24,00024,000 TOTAL FUNDING REQUEST = 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 AshaWide). 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 = $ $973 = $3386

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