The Forgotten People Fund

 

A charity registered in Israel # 58-032-322-8 

The use of funds

Please note that there are no expenses for salaries or office maintenance because the FPF is a totally voluntary organization which operates out of the apartments of our Chairman and Vice-Chairman.

Income & Expenditure Account

The 2009  & 2010 figures have been audited by a registered Israeli accountant

Year to 31st December 2010

 

Year to 31st December 2009

 

%

NIS

%

      NIS

Total Income from events and donations

605,477

 

612,778

Provision of food vouchers

18.8

103,194

26.0

144,290

Provision of support for education

19.1

105,189

22.0

121,926

Provision of clothing & furniture

33.7

185,613

26.9

149,395

Provision of support for health & utilities

13.0

71,791

12.8

70,177
Provision of support for transport

0.7

3,760

0.9

5,099
Provision of legal support 0.2

922

0.0 0

Statutory Audit & Charity Registration costs

0.5

2,953

0.5

2935

Bank Charges and office expenses

0.6

3,377

0.8

4,282
Foreign currency exchange differences 5.4 29,542 -0.3 -1,413
Barmitzvah Project 4.0 21,784 0 0
Seniors Project 4.0 22,139 4.7 26,073
Rashi school Project 0.0 0 5.5 30,770

Total Expenditure in aid of needy Ethiopian families

100

550,264

100

 554,534