1. FINANCE UPDATE APRIL 2011 – MARCH 2012

2.  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

3. Funding Cycle Educational Budget Exchange Rate Budget US$ Disbursement by Asha No. of children Oct-0314400048.072996168018 2004-0517000045.663723360021 2005-0623002143.75264420018 2006-0716819144.273799547619 2007-0820000044.184527525019 2008-0918710939.414748512022 2009-1041500048.568546680023 2010-1135000044.357892702023 2011-12290,95044.75649521

4. Prasanna Jyothi - A unit of Prasanna Trust 2010-11 2011-12 Estimate 2010-11 2011-12 Estimate Income Revised EstimateProvisional ActualsI HalfII HalfTotalExpensesRevised Estimate Provisional ActualsI HalfII HalfTotal Rs. 123456(4+5)789101112(10+11) Foreign Sources Asha Foundation313859317884165000 330000Education27395828215819200051000243000 Ms. Schapper1000000000Food274508297421160000 320000 MICO200000000Salary685007585640000 80000 Child Sponsorship13517213441570000 140000 Share of Head Office Expenses - Salary of one staff member165000 82500 165000 Other Donations14664155628000 16000 Repairs & Mainenance13271514247340000 80000 Electricity588305396130000 60000 Health Care950228843345000 90000 Sub - Total583695467861243000 486000Transport230995218542120000 240000 Telephone52516250300040007000 Domestic Sources Printing & Stationary62757104400030007000 Annadhana17070317395190000 180000Property Tax4006 0 Jnandhana11461011661060000 120000 Child Sponsorship305000309500160000 320000 Other Donations710067086738000 76000 Sub-Total661319670928348000 696000Sub-total131506013412047205065755001296006 Deficit Met / to be met from Corpus-70046-202415-12950615500-114006 Surplus taken to Corpus Total12450141138789591000 1182000Total12450141138789591000 1182000

5. PER CHILD In first half In second halfRs. Tuition Fee 3000 3000 Computer Fee 15000 Text Books12000 Maintenance Fee 6000 Uniform (3 sets)15000 Note Books2500 Shoe / Socks3000 ------------------------------------- Total per child 83503000 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 25,000 --------------------------------------- Total for the year 191950 51000 Living expenses For 2 girls for 1 yr24,00024,000 TOTAL FUNDING REQUEST = 290,950 INR

6. 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)

7.  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 = $2413 + $973 = $3386

8. Total expected funds from SAC program for 2011-2012 (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 2012-2013: 300  Balance available for this year:3086  Funds contributed by non-SAC 176 donors since Jan 2011:  Total on hand:3262