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Home arrow News arrow Latest arrow Ateneo 50/54 Turns Over Funds to GK for 18 Houses
Thursday, 28 August 2008
 
 
Ateneo 50/54 Turns Over Funds to GK for 18 Houses Print E-mail
by Ding DeJesus

We received a total of $12,710.00 and P516,614.00. We turned over to Gawad Kalinga a total of $12,721.61 (including bank charges) and P518,111.99. The favorable balance is interest earned. Included in this configuration is $900 that Eddie Sevilla has added to his donation, paid directly to ANCOP USA, so that the class may be credited with a cluster of 18 houses at the Payatas site of the Ateneo Alumni Village. GK has confirmed these calculations. Please see the complete Table of Donations.

The only addition still to be made is a donation, split between Nick Ramirez and Benny Ramos, for the purchase of 18 bikes for the heads of household of these 18 houses, after the houses have been completed and turned over to the beneficiaries.

Funds were received not only from classmates but also from families and friends of classmates, as indicated in the Table of Donations. This report serves as the final accounting statement for these funds.

Thank you all. I'm sure we've chalked up a few brownee points up there.

 
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