Kolping SA Access to free bursaries for further training in office admin, catering (chef), home based care, ECD, hospitality, plumbing Fund Development The following is a summary of funding received and proposal submitted: Amount Status Donor requested Kerk in Acktie R340 000 R320 000 received Firetech R6500 and 5300 donated (unsolicited) SPZA R6940 (balance of previous tranche) amount R338 740 (R149 692 - 2015) Funding applied for TK Foundation (Bahamas) R800 000 (2 Declined years) National Lotteries R495 000 We have been advised to enquire every month about Commission the status of our application (After more than a year we decided not to pursue this source any longer) HCI Foundation R100 000 Declined Community Chest WC R100 000 Awaiting a response – Rockerfeller Foundation R800 000 Declined Magi Fund R200 000 Declined Despite all our efforts to expand our external funding base, we were not able to access new funds. This is a serious concern since our cost base has increased when we moved to our new Bellville offices. Trainers are also paid slightly more as part of a retention strategy. With only one single major donor, we are extremely vulnerable financially. This issue will be addressed with urgency in 2017. One constraint is the director who acts in a part-time capacity due to other responsibilities and the quality time needed to address this is a weakness. Own income generation Income streams Amount Computer training fees, USB sales, computer R125 946 (R145 958 2015) – manuals, rummage sales Workshop fees, manuals, CV typing, printing R16 214 (R13 738 2015) – Individual donations (Facebook appeals) R37 290 (R18 827 2015) – Volunteer and board contributions (for daily tea and ( R1200 2015) – coffees) Interest from notice account R4099.17
Kolping SA Access to free bursaries for further training in office admin, catering (chef), home based care, ECD, hospitality, plumbing Fund Development The following is a summary of funding received and proposal submitted: Donor Amount requested Status Kerk in Acktie R340 000 R320 000 received Firetech R6500 and 5300 donated (unsolicited) SPZA R6940 (balance of previous tranche) amount R338 740 (R149 692 - 2015) Funding applied for TK Foundation (Bahamas) R800 000 (2 years) Declined National Lotteries Commission R495 000 We have been advised to enquire every month about the status of our application (After more than a year we decided not to pursue this source any longer) HCI Foundation R100 000 Declined Community Chest – WC R100 000 Awaiting a response Rockerfeller Foundation R800 000 Declined Magi Fund R200 000 Declined Despite all our efforts to expand our external funding base, we were not able to access new funds. This is a serious concern since our cost base has increased when we moved to our new Bellville offices. Trainers are also paid slightly more as part of a retention strategy. With only one single major donor, we are extremely vulnerable financially. This issue will be addressed with urgency in 2017. One constraint is the director who acts in a part-time capacity due to other responsibilities and the quality time needed to address this is a weakness. Own income generation Income streams Amount Computer training fees, USB sales, computer manuals, rummage sales R125 946 (R145 958 – 2015) Workshop fees, manuals, CV typing, printing R16 214 (R13 738 – 2015) Individual donations (Facebook appeals) R37 290 (R18 827 – 2015) Volunteer and board contributions (for daily tea and coffees) ( R1200 – 2015) Interest from notice account R4099.17
annual_report_-_yp_w_2016.docx