Monday, January 1, 2024

FINANCIAL REPORT NO. 11

(as of 31 December 2023)



OPERATING ACCOUNT


USD

VND

CAD

Opening balance on 1 January 2023

18.71

0

700

Inflow        Donations in 2023(*)

 

255,000,000

1,650

Inflow        Income from investment in 2023

 

18,966,000

Outflow     Scholarships in 2023-24

269,900,000

2,000

Outflow     New Year lunch for scholarship recipients

4,066,000

Closing balance on 31 December 2023

18.71

0

350



(*)   Donation total from 1 January 2013 to 31 December 2023: 25,334.89 USD, 7,269.23 CAD, and 2,179,500,000 VND.

 

In 2023, the Bùi Trọng Chương scholarship fund (BTCSF) received 1,650 CAD and 255 million VND in donations (equivalent to 12,395 USD), including a generous gift of 200 million VND from Mr. Đặng Văn Thành and Mrs. Huỳnh Bích Ngọc of TTC Conglomerate. 

 

BTCSF increased the number of scholarships from 14 in 2019-20 to 26 (305 million VND in total) in 2023-24. Mr. Trần Hữu Phúc Tiến’s company Vietnam Centrepoint continued to provide 26 foreign language bursaries (VND 11 million each quarter, up to 44 million a year) to each of 26 Bùi Trọng Chương scholarship recipients in 2023-24. 

 

 

INVESTMENT ACCOUNT


USD

Opening Balance on 1 January 2023

85,714.62

Inflow         Investment Income

6,301.98

Outflow      For scholarships in 2023

794.55

Closing Balance on 31 December 2023

91,221.43

 

Management Committee, Bùi Trọng Chương Scholarship Fund