PEACH FOUNDATION NEWSLETTER

August 2007 Vol.17

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Dear fellow PEACH members,

What a great summer! Our Summer Camps were a major success, with an all-time record-breaking attendance for teachers. In Yuan Y ang, a total of 36 teachers participated, resulting in four banquet-size tables at meal times! We had great diversity of teachers ranging from 15 years old up to 80+ years old. Many young and old teachers alike have joined our summer camps; moreover, there were a few pairs of fathers-and-sons, mothers-and-daughters, and even families of all three's that have all come together. We had teachers coming from all over the US , as well as Taiwan , and Hong Kong . All of us agreed that such events have been tremendous help to the growth of the children and the promotion of a more harmonious family.

During the first session, we were treated to an unexpected delight, when the usual variety talent show was anything butí¬it was more entertaining than a Las Vegas show! The performance by the young teachers demonstrated the rapport developed with their students, while the childrens' performances would even make one fall off the chair laughing. None of the teachers would believe these were the same group, who--seven days ago were still shy, quietí¬have now become brimming over with talents, courtly, confident. Such a change to a person in such a mere, short seven days is a very worthy cost to pay, the teachers feel.

The home inspections in April were also quite successful, as well. In order to heighten productivity, next year we shall shorten the inspection from the routine two weeks to five days to accommodate our busy volunteers' tight schedules.

In the early years when PEACH was still at its infancy, we relied on volunteers. Since 2004, inspection tasks have been handed over to our college graduates, who can earn their tuition and thus borrow less on one hand; and on the other, they can visit every new applicant's household with their young robust legs. Now, each year our volunteers only have to audit random samples of their works and to motivate the children visited. Today, there are five officers in our Kunming Office, where future auditing will be administered by those young but experienced former students (average age of 25) who are much more productive than we the seasoned volunteers.

Since home inspection is one of the vital means to PEACH's strive for transparency; we shall shorten the trips so that more volunteers can find it easier to attend. Hence, voluntary home inspection shall be renamed í░Voluntary Observation Tour,í▒ a chance for the volunteers to have a deeper comprehension being at the frontline of our operation.

Next year, the Observation Tour will be held at 3/24/08 to 3/28/08 in Yuan Yang.

Next, Summer Camps,1st session, will be held at 7/06/08 to 7/17/08 in Yuan Yang

2nd session, will be held at 7/19/08 to 7/29/08 in Li-Jiang

(Applications of the above activities start at today till 1/31/08 )

In the past couple years, the exchange rate for Chinese Yuan to US dollar has been readjusting numerously, which has forced us to change our donation amounts from 100 US to 105 US annually for a middle school student , and from 200 to 205 annually for a high school student . However, this year the exchange rates for Chinese Yuan were greatly adjusted yet a few times gain. If we are to keep on financing a high school student at 800 Yuan annually, 105 US just will not cover it. We do not want to continuously readjust the amount of US donations just to keep up with the Chinese Yuan; because brochures and pamphlets have already been printed, and it's costly and time consuming to change. Therefore, starting from September 1 st , we will send to our recipients with the most recent exchange rate.

A middle school student will then receive 105 US at 7.5 Chinese Yuan per US dollar, minus the 1% local postal handling fees, minus the 50 Yuan annual individual medical insurance; thus, a middle school student will really receive 730 Yuan annually. As for a high school student , it's 1,470 Yuan. From now on, tuition invoices can only be sent after September 1 st , for many recipients will not know their new colleges until early September. I ask every uncle and auntie to please be patient, as our computers will not forget you.

Enclosed please find the latest issue of our Peach Kid magazine, please be hurry to vote for your favorite piece.

Best wishes,   Ruth Jeng,

President

 

---------------------------------------------------------------------------------------------I would like to donate ______ to the medical funds (at an average of US$10 per child.)  

I would like to send ______ children to attend Summer Camp (at US$10 each for one week.)  

I would like to donate ______ to scarf and mitten funds (at US$5 per child.)  

I would like to donate ______ to thermal-pajama funds (at US$5 per child.)  

I would like to donate ______ to mosquito net funds (at US$5 per child.)  

I would like to donate ______ to the library funds  

I would like to donate ______ to the foundation administration funds  

I would like to donate ______ to the mini-loan for middle school and high school students' living expenses (amount as you wish.)  

I would like to donate ______ to the college loan funds (amount as you wish.)  

I would like to increase my sponsorship to ___ high school students and ___ middle school students; the yearly costs are US$205 for a high school student , US$105 for a middle school student.  

Please make check payable to PEACH FOUNDATION. Donors in Taiwan please change the amount to New Taiwan Dollars, payable to PEACH FOUNDATION, account no.: 50011068 and it is tax deductible.    

                   

1098 Marlin Avenue, Foster City , CA 94404 , U.S.A.

email ú║ staff@PeachFoundationUSA.org website ú║ www.PeachFoundationUSA.org

Phone ú║ 650-525-1188 fax: 650-525-9688