FINANCIAL REPORT No. 6
(as of 31 December 2018)
OPERATING
ACCOUNT
USD
|
VND
|
|
Opening
balance on 1 January 2018
|
202.79
|
0
|
Inflow Donations in 2018(1)
|
2,400.00
|
262,500,000
|
Outflow New investments in 2018(2)
|
1,880.00
|
22,000,000
|
Outflow Disbursement for scholarships in 2018-19
|
0.00
|
34,500,000
|
Outflow Bank fees
|
13.48
|
0
|
Closing
balance on 31 December 2018
|
709.31
|
206,000,000
|
(1) Donation Total from 2013 to 31 December 2018:
19,184.89 USD, 2,219.23 CAD, và 500,500,000 VND.
In 2018, Ms. Nguyễn Thị Tranh, former Director General of the Saigon Coop Investment and Development Corporation (SCID), và her daughter Ms. Lê Nguyễn Minh Hiền donated 200 million VND for 20 Bùi Trọng Chương scholarships to be awarded from 2019-20 to 2022-23. This is the biggest gift that the Bùi Trọng Chương Scholarship Fund (BTCSF) has received since its establishment in 2013. It complements the 100-million-VND donation from Mr. Lê Nhựt Tân of the same family in 2017.
Five members of the BTCSF Management Committee (Mssrs. Trần Hữu Phúc Tiến. Lê Nhựt Tân, Lương Văn Hy, Dương Xuân Giao, và Ms. Phùng Thị Thu Thủy) also donated 34,450,000 VND in summer 2018, complementing 25,500,000 VND disbursed from the investment income, in order to make 6 scholarship awards (10,000,000 VND each) for the academic year 2018-19. These donations, used directly for scholarship awards, continued the pattern since 2016-17.
INVESTMENT ACCOUNT
USD
|
|
Opening balance on
1 January 2018
|
26,920.13
|
Inflow
Income
from investments of USD 17,360.37 maturing in 2018
|
1,094.91
|
Outflow
Scholarship
disbursement in 2018-2019(3)
|
1097.25
|
Inflow
Additional
investment in 2018
|
2,845.97
|
Closing balance on
31 December 2018
|
29,763.76
|
(3) Disbursement of 25.5 million
VND, equivalent to 1,097.25 USD, for scholarship awards
Management Committee, Bùi Trọng Chương Scholarship Fund
