Max’s Magic Money FundMax's Magic Money Fund was called into existence for those donors that cannot or do not want to select one single project, but do want to be informed about where their money is going. One 100% of the donations made to the MMMF are used to support the projects that need it the most, whether due to unforeseen expenses or to round out the financing. Just as with regular project donations, no overhead costs are deducted, and the donors receive clear reporting, keeping them updated on what aid their contribution helped provide. The MMMF report from 2006. In 2006, the MMMF was used for the Street Children education and rehabilitation programme run by SAVE (India), the Nepal Matri Griha Street Children Programme (Kathmandu, Nepal), the Rambra Dari Primary School (Kokha, Nepal), the Nepal Matri Griha Orphanage (Kathmandu, Nepal), the Lower Secondary School (Atrauli, Nepal) and the Computer Education in remote areas (Tanzania). The fund provided a total of € 10,489. With an initial balance of € 11,137 in January, and a total income of € 15,300 in 2006, a balance of € 15,948 remains at the end of the fiscal year. |