2015 Report of the AMCHAM Thailand Charitable Foundation
On page 34 you will find the financial statements of the AMCHAM Thailand Charitable Foundation. The statements were prepared by KPMG with the following unqualified opinion: “In our opinion the financial statements present fairly, in all material respects, the financial position of the AMCHAM Thailand Charitable Foundation (“Foundation”) as of 31 December 2015 and their financial performance for the year then ended in accordance with the Thai Financial Reporting Standards for Non- Publicly Accountable Entities.” The full financial statements are available on the AMCHAM website at www. amchamthailand. com/ articlesandreports.
1. SCHOLARSHIP PROGRAM
In 2015 the Foundation granted 199 scholarships to Thai students at 31 universities in Thailand; total contribution by the Foundation was Baht 5 million ( 2014: 200 scholarships at 27 universities; total contribution Baht 4.9 million). Usual amount of each scholarship is Baht 25,000.
The Foundation bequeathed two annual university scholarships in the name of Father Joe Maier for students from his Mercy Centre community.
Attending AMCHAM Scholarship Student Orientation Camp in Bangkok in November, 2015 were 71 new scholarship recipients who came together for a three day program to learn how to get the most out of their scholarships and to focus on community service and social responsibility ( 2014: 69 new scholarship students participated).
The annual Fedex Career Camp brought 60 graduating scholarship students from 18 universities nationwide to Bangkok in November, 2015 for a four day program to prepare them for future careers ( 2014: 52 graduating scholarship students participated).
The three final Nicole G. John “Life in Inspiration” Scholarships were awarded to Silpakorn University and Chulalongkorn University students in the amounts of Baht 30,000, Baht 20,000, and Baht 10,000 each.
2. ADOPT- A- SCHOOL PROGRAM
In 2015 the Foundation received 87 donations for the Adopt- a- School Program, in
3. OTHER CONTRIBUTIONS
The Foundation contributed Baht 3.5 million to Thailand- United States Educational Foundation ( Fulbright program) to support 22 American English teaching assistants at schools in Thailand ( 2014: Baht 3.5 million; ten American English teaching assistants).
The Foundation contributed Baht 56,560 to the Human Development Foundation raised at the annual Festive Eggnog Party ( 2014: Baht 77,600).
4. OTHER FUNDRAISING
• The American Chamber Of Commerce
In Thailand (“Chamber”) donated to the