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Bank
Details
A charitable organization like Christeen,
which does not have any sustainable regular income, finds it very
difficult to keep on its regular accomplishments. The timely and
regular release of the publications involves a gigantic financial
investment which has to be found out from the subscribers/agents
remittances and donations and other love-offerings we receive. But
this at most occasions, seems to be insufficient as we do not have
much revenue from our journals. This results in outside borrowings
and loans and advances are availed for the day to day affairs. As
such, Christeen now runs with shortage of funds and the developmental
works are adversely affected due to this financial crisis.
In our retreats almost twenty percent of
the participants are non Christians. For them the retreats are free.
On an average three hundred people gather for each retreat. Per
head a fees of Rs.250 is being charged. Therefore we have to find
an excess of Rs.15000 per retreat in this regard. This adds to our
financial liabilities.
Christeen is formed as a Charitable Trust under Section 12A of the
Income Tax Act, 1961 of India and our registration number is 221/99.
Christeen has sound financial management that ensures integrity
and accountability. Our accounts are audited by a Chartered Accountant
and necessary returns are filed before the concerned authorities,
as per the rules, in due time.
PRESENT REQUIREMENTS
More children and parents are availing
Christeen services now. The need for expanding and boosting our
services and programs to more children is now called for. In order
to expand and streamline our activities, the present infrastructure
we now posses is quite insufficient and hence we need to make more
facilities and arrangements for spreading our services to a wider
group.
Christeen’s previous retreat hall was not adequate enough
to cater the demands we receive from children. Hence a permanent
retreat hall with capacity to seat 500 children was constructed. A
lot of additional facilities are yet to be provided to make this
centre self sufficient. As stated earlier, being a charitable organization,
Christeen is not in a position to raise sufficient funds for this
purpose internally. We therefore need external help, as our master
plan involves a gigantic financial investment to the tune of Rupees
20Lakhs in Indian currency. Almost Rupees 20Lakhs have already
been spent for the hall to be in the present state. Still lot of
work have to be done like plastering of walls, fixing ceiling for
the roof, covering the side portion, dias construction, electrical
work, mike set and speakers etc. We hope more good Samaritans will
come forward to help us to complete this divine venture.
Our Bank Information
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from outside India
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