PRASANNA JYOTHI A home for homeless girls Presentation of Budget

PRASANNA JYOTHI IncomeRs. ExpensesRs.Rs EstimateActuals EstimateActuals Foreign Sources Asha Foundation Education - Note Ms. Schapper Food MICO Salary Child Sponsorship Share of Head Office Expenses - Salary of one staff member Other Donations Repair & Maintenance - Note Sub - Total Electricity Health Care Transport - Note Domestic Sources Telephone Annadhana Printing & Stationary Jnandhana Property Tax Child Sponsorship Other Donations Sub-total Sub-Total Deficit to be met from Corpus Total Total

A LOOK AT ASHA’S FUNDING Apr to Sep 08: US$3450 = 144,900 INR (Based on currency XE on May 1, 2008: US$1= 42 INR) Oct 08 to Mar 09: US$1670 = 81,830 INR (Based on currency XE on Nov 1, 2008: US$1= 49 INR Total disbursed in USD = $5120 Total disbursed in INR = 226, 730 Rps* (*note: some bank transactional fees are involved so the final amount reflected in PJ accounts is 226,279 Rps) Actual educational expenses = 187,109 Rps

Prasanna Jyothi I half II half Total I half II half Total IncomeRs. ExpensesRs.RsRs. Estimate Foreign Sources Asha Foundation Education - Note Ms. Schapper Food MICO Salary Child Sponsorship Share of Head Office Expenses - Salary of one staff member Other Donations Repair & Maintenance Sub - Total Electricity Health Care Transport Domestic Sources Telephone Annadhana Printing & Stationary Jnandhana Property Tax50000 Child Sponsorship Construction of School Bulding Other Donations Sub-Total Sub-total Deficit to be met from Corpus Total Total Note 1 - Nineteen children have been shifted to a different school to improve standard of education and on concerns of safety. Hence, for the academic year , we have already remitted a fee of Rs.206,000/- towards admission fees; books; and three months tuition fees.

Breakdown of Educational Expenses No. of Children GradeExpense itemAmount (INR) 4LKG/UKGAdmission fees; tuition fees for 3 months and text books 38, st to 6th stdAdmission fees; tuition fees for 3 months and text books 1,68, th Tuition fees for 2 months and text books3,400 18LKG to 6 th Tuition fees for 3 months of I half of ,600 17thTuition fees for 4 months of I half of AllUniforms / Shoes / Note books38,000 AllPrivate tuition fees18,000 TOTAL:287,700

REQUEST FOR INCREASE IN CONTRIBUTION There has been no change in sponsorship rate of $20/month in 9 years, however, educational expenses have increased significantly from 154,000 Rps ( ) to 363,000 Rps ( ). In particular, this year, due to the change of school, the educational expenses have increased significantly. Requested increase of $5/month, giving a new rate of $25/month for the period Apr 09-Mar 10. New total = $25 x 12months x 22 children = $6,600 ≈ 328,614 INR which will cover approx. 90% of their educational expenses.