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The budget in SOCAFUND
TRUST can best be analyzed in this format.
Funds received from philanthropist, grant
makers and other donors will be spent in three
major sections ;
The three major sections
will be in this ratio, 60%, 20% and 20% respectively.
The Orphans, street
children and the general welfare of less privileged
children.
This section will attract 60%
of the total sum in the fund trust as explained
above and this fund shall only be released
to beneficiaries in the following majors
• Carrying out of beneficiary
projects to the orphanage homes at large or
directly to the child in a way that cash is
not giving to them, e.g. Embarking on a borehole
project for good drinking water for a particular
orphanage home, Renovating the orphanage home,
providing food and Health care, Granting of
scholarship to very intelligent orphans and
street children, also sending others to vocational/skills
acquisition centers.
• Carrying out recreational projects
by building a recreational/rehabilitation
center for the children for their entertainment, which are the SOCA MISSION VILLAGES.
Programs organized by
the Foundation
This section will attract 20%
of the total fund in the SOCAFUND TRUST account
as explained above and it will be spent in
organizing our programs nation wide.
Sustaining the Foundation
and its Workers
This section will also attract
20% of the total fund in the account as explained
above and it will be meant for the sustainers
of the foundation and its workers salaries.
TIME FRAME
The major focus of this foundation
is to make a future for every child and with
the system of our education, the maximum time
frame a child will enjoy our scholarship program
will be for 18 years.
This will be possible
only when we are responsible for the child’s
education right from the first level of our
educational system and also if the child meets
up with the conditions of sustaining the scholarship;
if not, the child will be diverted to a vocational/skill
acquisition school where he/she can learn
a skill for better appreciation.
SECTION 1 . BUDGET BREAKDOWN
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N50 Million |
- Setting up of Six SOCA villages (Mission House/ Project Centre) in the Six geopolitical zones. River state, Edo State, Lagos state, Abuja FCT, Kano State, Enugu state in Nigeria.
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N25 Million |
- Equip the SOCA Villages with skill acquisition centers sport centers and recreational centers –
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N15 million |
- Set up an international secretariat in Rivers State where full administration and organization of the project will be carried out. -
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N40 Million |
- Establish a Digital Press and an Audio/Visual production studio that will enhance the program and projects of the foundation and the same time serve as a means of generating fund internally to meet the needs of the foundation. –
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N10 Million |
- Purchase of Buses/Hillux Pickups 2.80 for mobility and for a special program tagged “ Hunting for street children and orphans” –
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N10 Million |
- Working Capital/Administrative fund. –
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THE SOCAFUND TRUST PROJECTS IS MEANT TO
EXECUTE THE FOLLOWING PROJECTS
- Setting up of Six SOCA villages (Mission House/ Project Centre) in the Six geopolitical zones.River state, Edo State, Lagos state, Abuja FCT, Kano State, Enugu state in Nigeria.
- Give constant support to existing Orphanages thereby elevating generally the standard and welfare of the children living in such homes.
- Will provide over 5,000 job opportunities through the SOCA Villages for youths and professionals and also scholarship awards for the orphans & Street Children.
- Collaborate with other existing NGO’s to combat the menace of child abuse, HIV/AIDS and Juvenile Delinquency also empowering them to effectively run their skill acquisition programs.
- Child counselling, family/group counselling
- Preparing the saints for the second coming of our Lord Jesus Christ
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