2006 contributions
totaled $90,212 for a 51% increase over 2005.
2006 General Administrative and Fundraising expenses (together termed
"Supporting Services") were $3,722 or 4.1% of $90,212 in
contributions.
For each dollar contributed last year, we were able to dedicate .96
cents to Program Services in Cambodia for several reasons:
- Salaried personnel are
limited to our in-country staff of Cambodians with a total
annual payroll of $6,000 USD.
- Although Gary "Paco" Gregg, VP - Scholarships, and I live in the
USA and
spend considerable time in Cambodia each year, we absorb our travel
costs.
- Board member Richard Steinmetz lives in Cambodia
permanently.