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| The Budgeting Process and The Budget |
Aogaah Foundation® is a non-profit 501(c)3 organization incorporated in America (Arizona).
Donations to Aogaah Foundation® can be mailed to the USA Phoenix, Arizona address or made via
this web site and, thus made, they are tax exempt as permitted by law. Click here for the mailing
address and/or to make an on-line donation.
For simplicity, Aogaah Foundation®, the American corporation, is referred to as AFR. Founded in
2005, AFR has no employees. The Foundation is run exclusively by volunteers. Its only expenses are
for this web site and fees such as those associated with the preparation and the filing of required
governmental reports.
Aogaah Foundation Cambodia, AFC, is a Cambodian Non-Governmental Organization (NGO).
Founded in 2007, AFC too has a voluntary Board of Directors whose members serve without pay. The
only paid employees are the teachers and the teacher assistants, all Cambodian Nationals. One of
the teachers also serves as 'Chief of Operations'.
The Chief of Operations serves as the principal of the Village 15-16 School, as curriculum
designer/developer and as teacher trainer/supervisor. She also maintains financial records,
proposes the budget, makes payroll and pays rent and utilities.
Donations to Aogaah Foundation® can be mailed to the USA Phoenix, Arizona address or made via
this web site and, thus made, they are tax exempt as permitted by law. Click here for the mailing
address and/or to make an on-line donation.
For simplicity, Aogaah Foundation®, the American corporation, is referred to as AFR. Founded in
2005, AFR has no employees. The Foundation is run exclusively by volunteers. Its only expenses are
for this web site and fees such as those associated with the preparation and the filing of required
governmental reports.
Aogaah Foundation Cambodia, AFC, is a Cambodian Non-Governmental Organization (NGO).
Founded in 2007, AFC too has a voluntary Board of Directors whose members serve without pay. The
only paid employees are the teachers and the teacher assistants, all Cambodian Nationals. One of
the teachers also serves as 'Chief of Operations'.
The Chief of Operations serves as the principal of the Village 15-16 School, as curriculum
designer/developer and as teacher trainer/supervisor. She also maintains financial records,
proposes the budget, makes payroll and pays rent and utilities.
The Budgeting Process:
Annually, the Chief of Operations attends a meeting of the AFC Board of Directors and presents a
proposed annual budget for the next school year. After appropriate discussion and modification, the
AFC Board approves the budget.
Next the Chief of Operation sends the budget to AFR. After appropriate discussion and, if necessary,
modifications, the budget is adopted by the AFR Board of Directors.
At that time, approximately half of the budget amount gets wired from AFR's bank in America to AFC's
bank in Cambodia. Halfway through the school year, the remaining funds get wired.
proposed annual budget for the next school year. After appropriate discussion and modification, the
AFC Board approves the budget.
Next the Chief of Operation sends the budget to AFR. After appropriate discussion and, if necessary,
modifications, the budget is adopted by the AFR Board of Directors.
At that time, approximately half of the budget amount gets wired from AFR's bank in America to AFC's
bank in Cambodia. Halfway through the school year, the remaining funds get wired.
The Annual School Budget (Cambodia):
The $9999 budget shown is for a Kindergarten through Grade Six school. In America, most states
spend more than this amount to educate just one student for a year. Aogaah educates over 100
students for this amount.
spend more than this amount to educate just one student for a year. Aogaah educates over 100
students for this amount.
|
The Decision Makers:
| Please Click a Button or a pencil. Aogaah's Free School is made possible by people L i k e Y o u. |
Aogaah Foundation® provides FREE schooling for vulnerable Cambodian Children.
| Registered with the Patent and Trademark Office, the Foundation is a USA 501(c)3 organization. Donations are tax deductible. |
Aogaah Foundation® has no paid Administration. Only the Khmer teaching staff is paid.
The Annual Corporate Budget (America):
|
Aogaah Foundation® has no paid Administration.
Only the Khmer Teaching Staff receive a salary.
Visit: http://starpas.azcc.gov and click on Business Entity Search to view the Foundation's status
with the Arizona Corporation Commission (USA).
with the Arizona Corporation Commission (USA).