Finances

Expenses 2019

Total expenditure in 2019 amounts to 28.684 Euro.

Naturally most of our expenses concerns the sponsor money,  for a total of 23.759 Euro for 214 children.

The remaining expenses were to cover the following costs:

  • Projects: 2.830 Euro, for which we bought 9 laptops, to be distributed among students going to senior high school (class 10).
  • Office costs: 395 euro, including costs foto’s children, sending info children to the sponsors from Bali to Europe and US,  software licences and other small office costs. 
  • Travel- and accommodation costs (excluding ticket Amsterdam-Bali v.v.): 878 Euro. Accomodation and local transport costs, and a small fee for our Balinese contact persons. An amount of 650 euro will be paid back to the Foundation in 2020, this concerns prepayment through the Foundation of the tickets of the Chairman (which he will pay himself). 
  • General costs: 14 Euro. 
  • Financial costs: 608 Euro, concerning the difference in exchange rates throughout the year.