Check out our most recent press report Dated Sept 2, 2010 online at:
Mark visited Cambodia in late September where according to plan he met with our Home Care Coordinator and Team to review the quarterly status of each family in the FSP. As a part of his visit, Mark also visited almost all of the families currently enrolled in the FSP. During Mark's visits with each family, family status is reviewed and the educational progress of the children is discussed along with any other issues that may need additional attention. At present we now 95 children enrolled in school, up from our previous total of 85.
All operational aspects of the FSP continue as described in the program description without any significant exceptions. The one exception is that our program funding continues to be available unpredictably and only on a month by month basis, causing considerable worries about our ability to maintain non-stop continuation of this program.
Despite these grave funding concerns, we continue to focus on the importance of education in our efforts to encourage children to strive for academic excellence. As many of the parents in the FSP are illiterate, this additional social support which stresses the importance of education is of great importance.
Funding update October 2010
We are grateful to GlobalGiving for its recent Matching Funds event on October 12. Three donors gave a total of $ 6,000 which should earned a 50% funds match of $3,000 . The grand total after paying fees of $900 to Global, this campaign will net a total result of $8,100.
Donations to the FSP from all other sources, excluding GlobalGiving, now total $66,385, leaving a balance of approximately $ 18,000 yet to fund in order to achieve essential minimal program funding for the FSP's 75 families. Total of projected essential program costs remain at $ 88,000 per year, or a cost of $ 1118 per family, but owing to increased local costs this will rise moderately in the near future .
Kasumisou Foundation FSP operates and funds itself month-to-month. The continuing economic climate continues to impact all charities with total donations recently reported to have declined by approximately 11% for 2009. Kasumisou Foundation continues to seek funding to continue essential programs without interruption and to try to restore emergency reserve funds expended in 2008 and 2009 to make up for donor shortfalls. Many donors are experiencing donor fatigue and it is increasingly difficult to secure funding commitments and donations.
Although we are blessed to receive continued support for our projects, at the present time, we are keenly aware that any significant shortfall in funding would mean that we would immediately be forced to stop our support of these 75 families and causing these mothers and their children become homeless within the month. Our top priority continues to be to raise funds to support of our existing program commitments and to try to restore our reserve funds once immediate funding commitments are met.
Thank you all very much for your generous and continued support! We cannot do this without you !