Wednesday, January 1, 2025

FINANCIAL REPORT NO. 12

(as of 31 December 2024)

 

OPERATING ACCOUNT

 

USD

VND

CAD

Opening balance on 1 January 2024

18.71

0

350

Inflow        Donations in 2024*

633.00

130,000,000

2,250

Inflow        Income from investment in 2024

 

73,899,620

Outflow     Scholarships in 2024-25

633.00

189,899,620

2,550

Outflow     10th Anniversary lunch for scholarship recipients

13,800,000

Closing balance on 31 December 2024

18.71

200,000

50



(*) Donation total from 2013 to 31 December 2024: 25,967 USD, 9,519 CAD, and 2,309,500,000 VND

 

In 2024, the Bùi Trọng Chương scholarship fund (BTCSF) received 633 USD, 2,250 CAD, and 130 million VND in donations (altogether equivalent to 7,458.87 USD). 

 

BTCSF awarded 19 scholarships, with the total value of 253 million VND, in 2024-25. Mr. Trần Hữu Phúc Tiến’s company Vietnam Centrepoint continued to provide 19 foreign language bursaries (VND 11 million each quarter, up to 44 million a year) to the 19 Bùi Trọng Chương scholarship recipients in 2024-25. 

 

 

INVESTMENT ACCOUNT

 

USD

Opening Balance on 1 January 2024

91,221.43

Inflow         Investment Income

5,300.93

Outflow       for scholarships in 2024

3,028.67

Closing Balance on 31 December 2024

93,493.69

 

Management Committee, Bùi Trọng Chương Scholarship Fund