How to donate and where your money will go

Saturday, August 12, 2006

How to donate and where your money will go

100% of your donation will help Yubaraj ~ neither GiveMeaning nor Mountain Fund retain any portion of your donation, and the project coordinators are covering expenses such as bank fees, travel expenses to visit Yubaraj's family, etc. Some references to consider:

... $100 takes care of one month at a boarding school
... $25 takes care of Yubaraj's family for one month
... any amount is greatly appreciated!

To donate by credit card visit our profile at http://Yubaraj.GiveMeaning.com and click on Donate Now. It's that easy! GiveMeaning will email a tax receipt to you.

To donate by check, make your check payable to Mountain Fund and write "for Yubaraj" in the memo section. Mail to Mountain Fund, 139 Madison NE, Albuquerque NM 87108. Mountain Fund will mail a tax receipt to you.

Where your money will go

For school: Yubaraj has about 3 ½ years to go before he graduates from high school. We think it’s important, before we enroll him in boarding school, that we’ve secured all of the funding needed to support that education. It would be terrible to have to remove him from school – to take him away from his friends and his life there – before his high school education is complete. The cost of for Yubaraj to attend a boarding school in Kathmandu for 3 ½ years will be about $6,500. This includes all school fees, room, board, supplies, and uniforms. In addition, we will arrange for a tutor to help Yubaraj catch up on his schoolwork at the cost of about $50/month.

For assistance to Yubaraj’s family and village: The decision for Yubaraj to go to Kathmandu to work was made by the elders in his village, and they will play an important role in deciding whether Yubaraj will have permission to return to school. It is very possible that Yubaraj’s income (about $20/month) is truly needed by his family and if that’s the case we’ll want to have money designated for that. It is also possible, however, that the village can gather other resources for the family and we will only be asked for a small allowance that will allow Yubaraj to visit his family from time to time. We are tentatively budgeting $25/month, or $1,200 over 3 ½ years, for these expenses. We’ll know more as soon as we meet with Yubaraj’s family and will adjust this as a clearer picture emerges about what is best for them.

Assistance spending as of February 21, 2007 ($121): Busfare for Yubaraj to visit his family in August ($16), money for gifts and to travel home for the Dashain holiday ($42), some pocket money for him in Kathmandu ($7), $2.74 given to Yubaraj’s mother during Phurbu's visit in September, and $27 on December 11 and $24 on January 31 to support support Yubaraj and his family.

A note about overhead: There are a few unavoidable administrative costs such as bank fees and travel expenses for visiting with Yubaraj’s family and meeting with the school. These are being taken care of voluntarily by the project's team members. They will NOT impact donations collected for Yubaraj’s school or for the assistance described above. For our own purposes we're expecting about $6/month or $240 over 3 ½ years for these kinds of expenses.

Again, all revenue and expenses will be reported in this blog. You’ll always know how much we’ve collected and where the money is going.

Each and every donation will mean a great deal to Yubaraj. Thank you!!!

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