Chairman's End of Year Report
Chairman’s Report for the financial year ended 31st August 2017
This year, as in the last few years, we found it very difficult raising funds, mainly due to the ongoing poor economic situation in the UK and Ireland, from where all our funding comes, that coupled with the fact that many funders no longer see Brazil as a poor country, despite the huge poverty to be found there. This year our income has increased to £69,143 compared to £50,860 from last year, which means that with the ever increasing food costs in Brazil we have been able to continue our work at the same level as last year. However our increase in income is partly due to significant donations made by the Trustees, without which our income would have been less than last years.
One of the main problems that we are facing in Brazil is out of control inflation, with the knock on effect of the ever increasing cost of food, particularly in Fortaleza, our main area of operation, which had the country's biggest increases. However, a more favourable exchange rate throughout the year has, to some extent, offset this.
As in previous years, at our main area of operation in the city of Fortaleza, in Brazil's poor north-east region, where we are continuing with our three main projects (Feeding, Education and Vocational Training). We, also, continue to run a smaller feeding programme in the poor rural town of Sao Miguel do Araguaia in the state of Goias. Plus we also have three small feeding programmes for children from the indigenous villages of Barreira Branca, Mirindiba and Cachoeirina, all located on Bananal Island in the state of Tocantins.
In these difficult times I am pleased to report that over 4,000 impoverished children and young people have benefited from our work.
However, due to ongoing financial restraints, the feeding programmes in the towns of Ipueiras and Macambira, both in rural Ceara, and in the city of Uberlandia all remain suspended until further funds become available.
I would like to thank our Project Co-ordinators and our small group of dedicated volunteers, both here and in Brazil, for all their hard work throughout the year . I would also like to thank everyone who has made donations, both large and small, without whom we would not be able to continue this vital work.
Last but not least, I would also like to thank our Appeal Patron, Phil Collins for all his support throughout the year.
Graham Townsend Chairman of Trustees