Total Raised : £26,857

FAQS

Who is behind the £5 School?

The £5 School is an initiative of Abaana, a charity based in Bangor, Northern Ireland which aims to make a difference and share God's love with children in Africa.  Set up in 1997, the charity has raised over £1,500,000 to build schools, provide clean water, medical care, work with street children and make education available for impoverished children through our child sponsorship scheme.  Due to  this work, over 5,000 children are helped on a daily basis.

Please see www.abaana.org for more details.

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Accountability

You will see exactly how the money was spent.

  1. All donations will go towards getting the school built and the cost of making this happen.
  2. We will give a full report on all the money spent (online)
  3. We will give a full report of the school, photos and video.

The School building

Once we get enough money, we will start the building of the school. We will take photos of each stage and upload them on the website. You will be able to see your money in action. When completed we will get some video footage up.

What you get for your money

  • The joy of knowing that 300 children will be going to the school simply because you gave £5.
  • You will be kept up to date through the website and by emails.
  • You will be able to see video footage and photos of the school.
  • You will be able to communicate through a forum which will be monitored by volunteers.
  • You will be able to post questions and FAQ will be answered online.
  • A full report when the school is completed.

What do you not get?

  • We cannot respond to individuals - It would waste your money! The minimum wage is £5.80 so the minimum cost any organisation would incur for taking 5 minutes to read and 5 minutes to reply to an email would be 96p - if 10,000 people asked one question each it would cost us at least £10,000!
  • Individual thank you letters.
  • Letters in the post (snail mail).

The Money Maths

Currently we can build a school for just under £50,000. There are many factors that affect this: exchange rate (can vary by 10%), the cost of goods in Africa etc. We will provide full information on the cost of the school closer to the time.

 

 Income Donation £5 
  Avg. Gift Aid  70p (projection that 1 in 2 will gift aid) 
  Total  £5.70 
   
 
 Costs Project £5 
  PayPal  £0.27 (we will ask them to reduce this later with your help) 
  Admin  £0.20 
  Advertising  £0.23 

So with 27p of the government's money spent on PayPal, we will aim to spend the final 43p on making the project work.

  • £2,000 into the website and admin costs.
  • £2,300 into advertising.
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