Reconstruct a School in China Post-Earthquake

December 2, 2009

Dear Friends and Colleagues,

We at ISG Capital Management are happy to announce that the reconstruction of Chujiang School has been fully completed!

On behalf of the children and students of Chujiang School and on behalf of the people of Dayi County and Sichuan Province, we thank you for your tremendous support and generosity to help see this project through.

Since the initial earthquake in May 2008, ISG mobilized its team and its established network in the area of the earthquake and all over China to identify and accomplish this rebuilding project. Through a very difficult fundraising environment we persevered in raising the money needed to rebuild this school on time. Again, we thank you for your support during the entire process.

There will be an official ceremony in March of 2010, and, we will keep you informed when we find out the exact date.

This is truly a success story of many people from all over the world coming together to help those in need.

Sincerely,

Andrew T. Strott Managing Partner ISG Capital Management, Ltd

Hello, everyone! As we near the end of the summer and the beginning of the school year in China, we are glad to announce that the Chujiang school reconstruction is on schedule to be completed on August 28th. The students will move in right away for classes to begin on September 1st.

The classrooms are scheduled to be completed on August 25th, the dormitories will be completed on August 20th, the cafeteria will be completed on August 24th and the washrooms and drainage will be completed on August 30th.

The exterior landscaping will be finished in mid-September.

At that time, the local government will hold the official Opening Ceremony, which will be attended by various donors, volunteers, and media.

New pictures of the school are being downloaded as we speak, and, you should be able to access them on the Global Giving website on Wednesday, August 18th.

Thank you again for all of your support and donations. This is truly a success story where kind people around the world came together to help the suffering and displaced in Sichuan, China after the devastating earthquake in May 2008.

A year has passed since the devastating earthquake in the Sichuan Province of China with a death count of more than 68,000 lives, while an additional 17,921 people are listed as missing. On the one-year anniversary I was exploring Chengdu, the closest major city to the epicenter of the quake, and I could feel the remembered loss shared by everyone.

During the quake, 7,000 classrooms and dormitory rooms collapsed, one of which I revisited. It felt appropriate to visit the Chengdu Education Foundation the day after the anniversary as we look ahead and concentrate on the reconstruction. After an hour and half of driving away from Chengdu my translator and I arrived at the Chujiang Nine-Year Compulsory School to what seemed to be a welcome from the entire school staff with hopeful smiles. The construction, they said, was moving quickly and they plan on finishing by August of this year. The new buildings would include classrooms that would allow an additional 200 students to enroll and dormitories that would allow 50% of the students to reside on school grounds compared to the 5% there’s room for today. The dormitories that are available now are only temporary that can last a maximum of four years. Because the 200 additional students will be coming from the countryside where it is often hard to travel to, the dormitories are necessary because the commute to and from school each day would be too difficult.

Currently, the one remaining building that made it through the earthquake holds 1,200 students, but the need for more facilities is clear. The financial crisis has made it difficult for the major investor, Shenji Investment and Consultancy Company, to give what they had initially planned on, but I was assured that the construction would be completed before the start of the next school year. Because of the possible shortcoming of funds, outside donations are even more vital than previously thought. Without the proper funding, basic school appliances, such as desks, teacher supplies, and computers will be lacking.

The director of the Chujiang School was clearly excited about the swift improvements and construction of the school, but each time he finished telling me about plans for growth he finished with, “but there’s the problem of funding.” With great destruction, comes the need for reconstruction, and the global recession isn’t making it easy. To make a donation to the Chendgu Education Fund you can visit their GlobalGiving page at: http://www.globalgiving.com/2149. To learn more about the other projects that are responding to the earthquake in China visit http://www.globalgiving.org/chinaoneyearlater/