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.

Audited Income & Expenditure Account

The 2008  figures have been audited

by a registered Israeli accountant

Year to 31st December 2008

Year to 31st December 2009

unaudited

 

%

NIS

%

      NIS

Total Income from events and donations

 

1,152,517

 

628,145

Provision of food vouchers

27.6

281,708

36.7

144,290

Provision of support for education

18.4

188,230

24.6

121,926

Provision of clothing & furniture

11.1

113,843

12.0

150,380

Provision of support for health & utilities

13.3

135,800

20.9

70,192
Provision of support for transport

1.4

14,114

3.3

5,099
Provision of legal support -0.1

-712

0.6 0

Statutory Audit & Charity Registration costs

0.4

4,005

0.3

4,206

Bank Charges and office expenses

0.7

7,303

0.7

4,052
Foreign currency exchange differences 2.6 26,358 0.9 0
Barmitzvah Project 8.8 90,030 0 -430
Seniors Project 4.2 42,838 4.7 26,073
Rashi school Project 4.4 45,033 0 30,770
Gardening Project 7.2 73,800 0 0

Total Expenditure in aid of needy Ethiopian families

100

979,512

100

 556,558