Read Krousar Thmey's Annual Report - Overbrook School for the Blind

Foreword« The year 2008 was full of emotion.High on the list was the success of 9 blind students and 3 young people from our permanentprotection centers who passed their Baccalaureate exam. All these students were present in April forthe big event « Bon Prachum Nheat » or Family Festival. This event brings together every two years,in the same place and for three whole days, all the children under Krousar Thmey’s care. On thisoccasion these students were strongly encouraged by their peers. By their determination to provetheir abilities, they have demonstrated to everybody that they too can succeed!This was a brilliant lesson in courage for our whole team, and it encourages us to increase ourefforts. Moreover it comes at a time of crisis in Europe and of tremendous inflation in Cambodia –which causes us to be concerned about Krousar Thmey’s future. Despite the profound commitmentof our many volunteers in France, Switzerland and United Kingdom, the construction of the newschool for blind or deaf children in Phnom Penh – with its record cost of $800,000 – coming as itdoes in the midst of a major economic crisis, has put us all in a cold sweat!The rigorous control of the funds we receive, and our very low rate of administrative costs, give uspersuasive arguments to convince new donors to join with our traditional donors – whose loyalty isgreatly appreciated. Because of your support, even if the road is difficult, we continue to advance.Thank you from the bottom of our hearts! »Mrs. Kosal CHEAM – Director of Krousar Thmey CambodiaMr. Benoît DUCHATEAU-ARMINJON – Founder President of Krousar ThmeyCONTENTSKrousar Thmey’s presentation ............................ 3Krousar Thmey’s strategy and legitimacy ........... 4Our main partners ............................................... 5Our three areas of intervention ............................ 6* Child welfare* Educational support* Cultural and artistic developmentSummary of Krousar Thmey’s activities ............... 9Achievements 2008..............................................10Testimonies .........................................................14Events 2008 ........................................................15Special « Bon Prachum Nheat » 2008 .................16Forecast for 2009 ................................................17Financial data ......................................................18* Source and use of funds* Balance sheet 2008* Statement of income and expenditure* Analytical statement of income and expenditureThanks to... .......................................................23