financial >> initial estimates
Financial Information for School Project (in Nepalese Rupees)
| School’s Properties | |
| 450 square meters of land purchased by founders | 116750 |
| Savings in bank | 84000 |
| Donation from Patrick | 20000 |
| Total | 220750 |
| Estimated Cost of New School | |
| 700 square meters of land | 200000 |
| School building (18 rooms) | 450000 |
| Toilet facilities | 60000 |
| Total | 710000 |
| Monthly Financial Condition | |
| Tuition (only source of income) | 24000* |
| Expenditures: | |
| Teachers’ salary | 20000 |
| Maintenance | 500 |
| Rent of current school building | 1000 |
| Total Monthly Expenditure | 21500 |
| Monthly Savings | 2500 |
| What Is Needed | |
| Estimated total cost | 710000 |
| School’s properties | -220750 |
| Contribution from parents and monthly savings | -139000 |
| Need | 350250 (approx. $5000) |
Please make checks payable to Patrick Ko.
All extra contributions will go towards new books and a scholarship fund.
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* Monthly tuition of 150 Rupees paid by 160 students. 60 students receive full scholarship. Monthly tuition income = 150*160 = 24000 Rupees.
