Help us to make a major difference to a young person’s life and career
Lao Educational Opportunities Trust
Registered Charity Number: 1115944
Copyright Lao Educational Opportunities Trust. All rights reserved.
We established LEOT in 2006 as, following trips to Laos, meeting the people and seeing the country, we felt that we should do something to help.
We started off with a couple of students, raised some money and soon added a couple more students to our fold. With the passing of time, our understanding of the cultural differences and the way things work in Laos has grown and we have matured as a charitable organisation. From knowing nothing we now know a lot more and, with cautious expansion, we have slowly increased the number of students to over twenty.
LEOT is a UK registered charity and is therefore monitored by the Charity Commission. LEOT has been awarded INGO status by the Lao authorities.
LEOT enjoys the benefit of working alongside organisations such as the Children’s Cultural Centre and GoPhilanthropic.
Administration
The overall administration of the Charity is the responsibility of the Trustees and is based in the UK. There are currently three Trustees. The Homeland Director, who is based in Laos, is responsible for identifying prospective students, promoting LEOT within Laos and dealing with the support and welfare of our students.
Fund Raising and Expenditure
Income for the year to June 2011 was £24,594 and was substantially higher than in 2010 due to the successful appeal for funds (£13,867) for the school project. General donations for the scholarship programme were up by 14% compared to 2010 but no income was received in the year for other fund raising events, so the net effect was that we raised £637 less for this area of activity, which was disappointing but understandable given the economic downturn.
The major expense in the year, £13,867, was for the school project and in particular on the acquisition of land in Luang Prabang to build the school itself. We spent £8,857 on grants to students in the year (2010 - £5,531). Other expenses (spent in Laos on administration and monitoring of the students themselves) totalled £1,123. Currency losses and bank charges were £436. The net income after expenses for the year amounted to £399. Incidental administration costs incurred in the UK are generally borne personally by the Trustees (as are their travel costs to, and expenses incurred in, Laos).
