Donations and contributions for projects 2012
All donations and contributions are invested in our projects. The administration costs are covered separately (see point 7).
||% Ver. 11/12
|Public contribution - Provincia Autonoma di Bozen (Südtirol)
|Public contribution– District Government TN-AA
|Bank interests– net
In 2012 we received 463.440 Euro donations for projects, which equals an increase of 3,8% compared to 2011. Until August 2012 it looked as if we would be forced to stop most of our projects at the end of the year.
The Provincia Autonoma di Bozen (Südtirol) agreed on a budget of 27.148 Euro to fund the prosthetic and surgical department at the Mae Tao Clinic again.
The Regione Trentino Südtirol committed to a reduced contribution of 50.000 Euro for the purchase of food for our “yummy! meals for schools” programme, as well as an extra 20.000 Euro for the building of our Rays of Youth youth centre.
In the category - other income - is 35.000 Euro from Stiftung Maro for our food programme and sewing workshop. Also included here are contributions for the building of our Rays of Youth youth centre- more than 50.000 Euro from Stiftung Swiss Seaside, 35.645 Euro from Reinhard Plank through the King Baudoin US Foundation and 8.500 Euro from the Südtiroler Sparkasse Foundation.
2012 we have been able to transfer 250.000 Euro to a savings account and increase our interests.