This note is dedicated to all of you. You are aware of our work and this newsletter helps to show more of what we are currently involved with. What you may not know so much about is about our supporters like you.
SCC receives support from a whole variety of places and from every corner of the world. We also receive support from many many individuals but also from companies and from charitable foundations too.
When we analyse this support we find that the income comes approximately one third from companies, one third from individuals and one third from foundations. This has proved to be a great strength for SCC as it has meant that if one area is struggling for any reason others have boosted to make up the difference. This has therefore meant that we have weathered the last few years relatively well and in fact have seen some increase in income in spite of the global downturn.
What constantly amazes and enthralls me is the ability with which supporters of our work demonstrate in responding so positively to requests for support. For instance we recently had to increase the costs of sponsoring young people at High School to $150 from $100 (£100 from £65) and the overwhelming answer from those of you we asked was “Yes”. This kind of commitment and engagement is exactly what drives us to do our work as well as we can and ensure the kind of change that we know you also want to see.
The costs for a young person as they enter High School increase. With a legal working age of 15, many young people drop out of school at around this age to help their families and yet their opportunities are considerably enhanced if they can stay for the last few years and graduate with a High School certificate. High School is not free and this combination of increased pressure to leave with increased costs is enough to push many out of school ahead of time and frustratingly within sight of their High School certificate.
This extra money will be used to help pay for a variety of additional costs these young people face such as accommodation and/or transport costs (as many live too far from school and they have to commute back and forth) and other expenses including school fees, more text books, extra lessons and other fees they need to ensure that they stay in school and benefit from a full curriculum. Our plan is to ensure that more of them stay and more of them achieve the “graduate” status we know will boost their chances.
With this in mind I do have one more request to make of you all. Can you think about supporting a young person through university this year? There is a great story of success on here and how you can help.
Finally our 2012 accounts have been audited completely pro bono by the wonderful people at KPMG here in Vietnam and so please do go onto our website or look at our entry on the Charity Commission website to see our income and expenditure in more detail.
My warmest thanks to you all………………….Paul Finnis, Director SCC
If you would like to have further information, please go on www.saigonchildren.com or contact us on firstname.lastname@example.org or at (+84) 8 3930 3502