2015 Re­port of the AMCHAM Thai­land Char­i­ta­ble Foun­da­tion

Thai-American Business (T-AB) Magazine - - Contents -

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

Newspapers in English

Newspapers from Thailand

© PressReader. All rights reserved.