HCPPA UK Trusties - An Overview
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BACKGROUND

HCPPA trust fund was established in 1997 and administered by a five-member Board of Trustees. The trustee includes the Secretary and Treasurer of Executive committee (ex-officio), and three other independent members who are appointed every year at the AGM on the recommendation of the Executive Committee. A trust fund is established to handle all surplus funds generated by the association. This fund is invested in a separate account and administered by the Trustees. The trustees separately manages the scholarship fund which was created for the purpose of awarding scholarship to students who excel in their respective fields. The HCPPA Trust Fund objectives are:

  • To provide assistance to the building and other projects of the school.
  • To award three prizes each year to the best performance in Maths Science, Bioscience and Arts in Advanced Level examination.

    So far Trust fund has been used for:

  • Assistance for land purchase of 2,000 during 1997/98
  • Books costing 341 donated to the school library during 1997/98.
  • Donation of 650 for Nada Fund appeal during 1998/9

    Donation of 650 is to be disbursed as follows:

    ONE OFF PROJECT
    Set up costs for canteen Rs 25,000
    Food and refreshments for Siramatana work Rs 10,000
      Rs 35,000

    RECURRING EXPENDITURE
    Journals and magazines for Library Rs 9,000
    Refreshments for sports Rs 9,000
    Past papers and study materials for students Rs 18,000
    Extra lessons for Advanced and Ordinary level students Rs 25,000
      Rs 61,000 @ 50% Rs 30,500
      Total Rs 65,500 @ Rs 100/ approximately 650.
    We have advanced 50% of the recurring expenditure. The balance will be forwarded upon receiving a half- yearly report in respect of the distributions of the donation, from HCPPA Point Pedro branch.

    FUTURE PROJECTS

    COMPUTERS AND ACCESSORIES FOR HARTLEYCOLLEGE
    ITEM UNIT-PRICE QUANTITY TOTAL GST-TAX TOTAL BTT FINAL-VALUE
    Fujitsu Deskpower-5000 69,950 4 279,800 34,975 314,775 3,148 317,923
    CD-ROM 4,500 4 18,000 2,250 20,250 203 20,453
    SUNPAC 600 UPS 11,500 4 46,000 5,750 51,750 518 52,268
    EPSON LQ300 PRINTER 14,500 1 14,500 1,813 16,313 163 16,476
    COMPUTER-CHAIR 4,500 4 18,000 2,250 20,250 203 20,453
    DISKETTE-BOX 500 1 500 63 563 6 569
    INSTALATION, TRANSPORT, ETC. 40,000
    TOTAL Rs 468,142

    Gestetner Ceylon Limited supplied the above quotation on 13 October 1999. We will obtain another quotation and remit funds once we have assessed the political situation and the confirmation of the Computer site.

    We have agreed to donate funds for one computer system only and the other three computer systems are to be donated by three individuals.

    CONCLUSION

    Our association is working much harder on relationships with the members, who must become more involved in our activities. The Executive Committee has developed better communication system but need to go further, and intend to do so with the help of the younger members who have shown commitment to the association. Now our Alma mater requires support of all of us and contributions more than ever before. May I appeal for your continued co-operation towards the development of our association so that we can achieve a larger trust fund to provide any assistance for our Alma mater that may arise in the near future.

    A N SIVARAJAH
    SECRETARY
    HCPPA-UK
    Courtesy: The hartleyite (November 2000 issue)


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