Yomelelani’s sources of income are government grants, school fees and sponsorships, & donations.
The size of the government grant is limited to the number of children registered. The grants amount to R15 per child per day. In the school year to 31/3/15 approximately 36% of total costs were unfunded. In the current year to 31/3/18 with the school more than doubled in size, the unfunded portion of expenses will rise to around 70%.
At the present time the Department for Social Responsibility is unable to provide any firm dates for the commencement of grants for the additional children enrolled since January/June 2016. It is expected that April, 2018 is the earliest likely date for the additional 80 pre-school children and hopefully for the current 71 babies in the crèche. This represents a serious cash flow problem for the school at the present time.
The generosity of local and international support has been crucial to the survival of Yomelelani. Without such help the school would not have been able to operate let alone expand. A useful illustration of the problem can be seen that after the first quarter of this year ending 31/3/18 Government grants actually received were R75,000, fees and sponsorships received were R10,000 (actual R40,000 for year paid in advance) and operating expenses were R240,000. The deficit of R125,000 is expected to expand disproportionately over the next nine months as costs rise. The June 2016 opening of the enlarged school saw the arrival of additional staff and associated wages. Consumption of the usual overheads (electricity, water and other utilities) have risen proportionately, aided by inflation. A simple calculation will see costs for the current full year rise to over R1.1 million creating an estimated deficit of 70% (R760,000).
Next year is even more difficult to forecast.Assuming the Grant doubles immediately in April, 2018 and we experience a full year of higher costs, the funding requirement falls to R600,000 or 45% of total costs.
The above figures are being illustrated as guidance only.
The Yomelelani Trust, reflecting your donations, is committed to playing its part, by raising funds in the UK and internationally.
The town of Hermanus support has been tremendous, encouraged by the local newspaper. Children’s clothing, classroom equipment, books, flash cards, posters, works of art, furniture and much more has been and continues to be donated locally.
Please do consider if you can Donate