P. O. Box 10635, Westminster, CA 92685
www.NewHope2008.org
Email: NewHope2008.charity@yahoo.com
   
2012 - Revenue and Expense Report
Received
Spent
Forwarded to 2013
Notebooks/Bicycle Projects
6460
(5810)
650
Housing Projects
26800
(26800)
0
College Scholarship Project
13007
(10107)
2900
Food Assistance for the Elderly
4300
(4000)
300
Special Projects
1175
(1175)
0
Rice Project
7132
(7132)
0
General Funds:Transfer fee and Projects' shortage coverage
844
(844)
0
(**It costs $15 to transfer each 1000 to the island villages)
 
 
 
Admin costs (web hosting, po box rental, tax filing, stamps,phone)
175
(175)
0
Total donations received in 2011 & 2012 for projects in 2012
59,893
 
 
Total spent in 2012 for all projects
 
(56043)
 
Total balance to be  forwarded to 2013
 
 
3850
** Balance forwarded from donations received in 2011
(3463)
 
 
**Total donations received  in 2012
56430
 
 
 
 
2012- Accomplishments' Summary:
** Awarded 16,360 notebooks to 1636 students in 12 schools
** Awarded 51 bicycles to the needy students in 4 schools
(50 from the annual Bicycle Project done in May 2012 and 1 from a special project done in August 2012)
** Built 26 houses for the homeless/needy families
** Awarded 25 scholarships to 25 students, $400 each
(8 freshmen, 8 sophomores, 6 juniors from main stream colleges and 3 sophomores from techical colleges)
** Sponsored food for 80 needy elderly families ($50 each family)
** Distributed 13 tons of rice to 650 needy families (12 tons from the annual Rice Distribution done in Jan 2012 and 1 ton from the Dac Lac Special Project done in May 2012)