Sunday, January 1, 2023

FINANCIAL REPORT NO. 10

(as of 31 December 2022)

 

OPERATING ACCOUNT


 

USD

VND

CAD

Opening balance on 1 January 2022

208.78

444,000

0

Inflow        Donations in 2022(1)

700.00

375,000,000

2,200

Outflow     Additional investment in 2022(2)

880.00

103,221,000

1,500

Outflow     Scholarships in 2022-23

 

271,000,000

 

Outflow     Certificate frames and flowers

 

1,223,000

 

Outflow     Bank fees

10.07

0

 

Closing balance on 31 December 2022

18.71

0

700

 

(1)   Donation total from 2013 to 31 December 2022: 25,334.89 USD, 5,619.23 CAD, and 1,924,500,000 VND.

 

In 2022, the Bùi Trọng Chương scholarship fund (BTCSF) received 700 USD, 2,200 CAD, and 375 million VND in donations (equivalent to 18,669.14 USD), with all VND donations coming from the Sharing Charity group in Saigon, headed by Mrs. Mai Thị Hạnh. This is another excellent fund-raising year for BTCSF thanks to the efforts of Mr. Lê Nhựt Tân and Ms. Nguyễn Thị Tranh.

 

BTCSF increased the number of scholarships from 14 in 2019-20 to 26 in 2022-23. Mr. Trần Hữu Phúc Tiến’s company Vietnam Centrepoint continued to provide 26 foreign language bursaries (VND 10 million each) to 26 Bùi Trọng Chương scholarship recipients in 2022-23.

 

(2)  880 USD from the USD operating account, 1,167.36 USD (=1,500 CAD from the CAD operating account) and 4,445.35 USD (=103,221,000 VND from the VND operating account) => 6,492.71 USD in new investment.

 

INVESTMENT ACCOUNT


 

USD

Opening Balance on 1 January 2022

77,244.49

Inflow         Investment Income

1,977.42

Inflow         Additional investment in 2022

6,492.71

Closing Balance on 31 December 2022

85,714.62

 

Management Committee, Bùi Trọng Chương Scholarship Fund