Square Circle Forum

CURRENT FINANCIAL REPORT

Postal costs for incoming parcels has risen alarmingly since mid-April because of a new rule that ALL overseas parcels attract the customary handling fee and that has been increased to R51.50 PER PARCEL[$3.74USD].  In past years the fees were lower and graduated (ie. R24.00[$1.74USD] for a small parcel / R40[$2.91USD] for a large parcel) but that has been changed. 

In the past only around 20% of the incoming parcels attracted the levy, now ALL parcels are included in the calculation. So, for instance, in the past KAS would normally pay between R750[$54.52USD] and R1500[$109.03USD] for an incoming postal collection, this week Ronda paid R2200.00[$159.91USD]and on at least two occasions in late April and May she paid approximately R3500[$254USD].


It is unfair, but the postal authorities have spotted a lucrative gap in the system and they are completely unmoved by a charitable enterprise being penalized.  These are not customs tariffs, KAS never pays those - they send parcels back for re-assessment and they always come back free of customs.

The bank balance reduces monthly as costs to run KAS this year have risen[see graph] We are looking for ways to cut costs, but with PO charges going up, with fuel costs increasing dramatically in SA and generally prices rising across the board ... KAS needs your support

Our monthly donors continue to be the backbone of financial support

for Knit-a-Square. 

These monthly donations allow KAS to continue to serve the children of South Africa. 

Thanks to generous one-time donations and numerous purchases in the KAS Shop, the May total has surpassed our expectations.

However, Ronda is being hit with a charge for every parcel arriving at the moment - the postal services are trying to make a profit at our expense! We will need extra help financially until such time this issue can be resolved. The most effective method is a regular subscription as this develops a sense of growth and hitting a target more likely!

 

 

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Thank you to those who are able to support Knit-a-Square financially as well as with knit or crochet items. 

Here are the graphs for April.

Thanks for the updated graphs, Linda.  It is great to see that the amount of the Income from Subscriptions is almost back up to what it was in January, after seeing it fall in February and March. The subscriptions are the most important part of our fundraising efforts and give some stability to Ronda's ability to plan ahead for several months.

Thank you Linda and Andrea for making this very important information available to us.

I have my fingers crossed that May will be a bumper month for GOGO support. ('Wrap a child in a blanket' in the KASShop) When I think of them doing all that sewing and sometimes crocheting around the edges, too, to receive just $2 per blanket, I am humbled. They do an amazing job!!!

Thanks Linda and Andrea it is so helpful to have a graph. It is wonderful that the subscriptions are coming along and  here's hoping for a real boost for mother's day in the KAS shop.

A slight adjustment to the graphs.  It was discovered that the PayPal fee had not been deducted from the Shop items for 2018.  It has now been corrected.  PayPal charges a fee for each transaction whether it is a monthly subscription, one time donation or a Shop purchase.

Shop orders remain the same:

Thank you for the update, Linda.  :))

With gratitude to or Gogos I donated for Mothers Day as a thank you to their tireless efforts in sewing our squares into beautiful blankets.

Thank you so much for the graphs Linda!

Our monthly donors continue to be the backbone of financial support for Knit-a-Square. 

These monthly donations allow KAS to continue to serve the children of South Africa. 

Thanks to generous one-time donations and numerous purchases in the KAS Shop, the May total has surpassed our expectations.

The Gogo Appeal was very popular.

That's fantastic. Highlighting certain aspects of our financial needs obviously encourages one-off donors. And, of course, the gogos are such cause that everyone can relate to.

Thomas now collects the parcels and waits to pay the duty required each Monday using the KASVan then takes the parcels to the KASBarn, and, has done so for many months this year. Ronda has been an absolute stalwart over the years in making the collections, often with no help, but it has become far too much for her.

For this month we would like to appeal to our members for financial support in order to pay Thomas a small stipend to ensure that we are able to retain his services, and, prevent Ronda from being tempted to return to this weekly task!

Last month we received some wonderful donations, plus several monthly subscriptions which have greatly helped towards the Gogo Appeal. Thank you.

Our other growing concern is that KAS has to pay duty on EVERY parcel that arrives now. This means that, sadly, we still need an extra flow of cash. We are hoping that when Ronda returns to full health she may be able to get some advice in order to stop these additional postal charges to our charity.

If you have any spare pennies, or, can consider a subscription to support Thomas to continue collecting the parcels, it would greatly be appreciated. Thomas is a much- needed, much appreciated 'muscle man' for our SA Team.

Thank you for giving this your consideration.

Thomas is an essential part of KAS and should certainly be remunerated for everything he does. 

Sent a small donation to help Thomas who helps us to help the kids at KAS!

Blessings!

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FINANCIAL REPORT

Postal costs for incoming parcels has risen alarmingly since mid-April
because of a new rule that ALL overseas parcels attract the customary
handling fee and that has been increased to R51.50 PER PARCEL[$3.74USD].
for July figures click :

See how you may help!

 

SQUARES LIST

The AUGUST  2018 Squares List is available.

Please click HERE

 

2018 THEMES OF THE MONTH

    

     Planning ahead??

 See the 2018

LIST OF THEMES

AND

WHAT OUR CHILDREN NEED.

Notes

KAS PATTERN BOOK

Visit the KAS Pattern Book for free patterns in knit, crochet, loom and sewing. …

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Created by Linda Maltby May 2, 2018 at 8:26am. Last updated by Linda Maltby Aug 1.

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