Sincere Thanks to All Donors.

 

On behalf of Silver Lining Mission, I sincerely thank all donors for your support and trust over the past year. The global economic impact continued in 2023, with the ongoing civil war in Myanmar that has accompanied by inflation and rising prices everywhere. Despite these challenges, we are grateful for the ongoing support, which empowers us to respond promptly to needs. Thank you for walking this special and memorable journey with us, so that we can go further to serve the needy children and families.

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In the fiscal year 2023, Silver Lining Mission received approximately US$1.73million in donations. We are particularly thankful that regular donations has accounted for 35% of total income, corporate and institutional donations for 18%, and individual donations for 43%.

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Actual expenditures for 2023 amounted to approximately US$1.21 million. Despite the difficulties, we endeavored to meet the demands. Expenditures on orphan projects, children living in poverty and special need children projects have accounted for 33%, 43%and 19% respectively. Administrative and fundraising expenses amounted to only 1% and 3%. Hence, 96% of total expenditure directly benefitted orphan, children living in poverty and special children services. We have also seen the increasing need to buy land to build another family village and serve more children living in poverty in the near future.

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We highly value your trust and promise to be good stewards, cherishing every resource entrusted to us. We work together to transform the lives of the orphans and special need children into the bright future and hope. As the world economy slows down, we hold on to our faith and are even more grateful to have you along the way, walking with the most vulnerable and helpless people in society. Your contributions are changing the lives of many orphans, children living in poverty and special need children. Silver Lining Mission has witnessed the transformation of children's lives every day; therefore, with your continuous support, we will move forward in the years ahead.

 

Finance Director, Silver Lining Missions

Mo Ying-ying