VISION STATEMENT

Our vision is to lay the foundation for a brighter future for the poor of Gopalgonj, Bangladesh, through free, broad-based, multidisciplinary education from early in life.

AIMS & OBJECTIVES

* To help our students achieve their full potential despite poverty.

* To keep our students physically healthy and positive with hope for the future.

* To promote friendship and understanding with students in other countries.

* To promote the education of girls.

* To expand the school to Grade 12 in order to prepare our students for college and the working world.

Financials

[ Where The Money Goes ]

EXPENSES & INCOME (2008)

Maleka Khatoon School: Expenses & Income (2008)
School's Building + Land Purchase + Development + Loan Payment
Total land size = 7,067 sq. ft.		in C$***
Land cost	1,876,000 Taka	28,140
Land registration fee	324,000 Taka	4,860
Total	2,200,000 Taka	$33,000
Paid: 2008*	1,081,625 Taka	16,224
Balance**	1,118,375 Taka	16,776
* borrowed from bank, donation & founder's account
** balance to be paid.
*** Avg. exchange rate as of October 2009: 1 Bangladeshi Taka = C$0.015

Note: Land Purchase+Development+Loan Payment, total of C$16,224 not included in % calculation of above expenses

WHERE THE MONEY GOES

• Out of the total number of students currently enrolled in the school, only a limited number of students pay to fully cover fees, books, uniforms, transport,, medical checkups, and medicines. These expenses are free for the rest. The goal is free education for all competent students once reliable and consistent funding is in place.
  

• Only 25% of the total annual expense of running the school is covered by the fees and other charges paid by those students who can afford it. With funding, the goal is to cover 100% of all expenses.

• Each qualified teacher, based on need, is eligible to receive a loan of up to 5000 Taka for medical, home and other unplanned expenses. The loan is repaid each month in 500 Taka installments.

• Presently, the school offers classes from Nursery to Grade 5. The goal is to build a second school offering classes from Grades 6 to 12, thereby providing the children with a solid foundation for either entering college or the working world.

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