By Maria Helena Dalla Bona | Director
Dear Donor:
As informed in previous reports, our association is going through a tight financial situation. Donations have decreased due to the crisis in Brazil and despite our efforts, it´s been very difficult to find corporate funding. Fiscal incentives have also been reduced in half.
On the other hand, we´ve been very successful in our mission and are very proud of our achievements. Thanks to our organization, tens of youths are being kept off the streets and are receiving training courses that allow them to improve their income and aim for a better life. Our school runs like clockwork. During these past 18 years of activity, we have become a very solid organization. Our reputation in the neighborhood is high and we are overwhelmed by demand for applications.
Given this state of things, WE HAVE DECIDED TO TAKE A 3 MONTH RECESS. Classes will end on June 30 for the winter vacation and will restart only in October. This will allow us to reduce costs (three paid employees have temporarily been laid off) and will give us time to put ourselves together in terms of finance. During this period we will concentrate solely on fundraising efforts in order to restart in a more solid and comfortable financial state. We have several ideas and actions in the pipeline that will surely give us positive results.
In the meantime, please continue your support to our organization. We can assure you that, because our association has a strong foundation, it will soon be back in business to train more and more youths and keep them off the streets.
Thank you again for your continued support.
Project reports on GlobalGiving are posted directly to globalgiving.org by Project Leaders as they are completed, generally every 3-4 months. To protect the integrity of these documents, GlobalGiving does not alter them; therefore you may find some language or formatting issues.
If you donate to this project or have donated to this project, you can receive an email when this project posts a report. You can also subscribe for reports without donating.
