I am setting up an education trust for six children funded through an initial seed capital of Kes 10,000,000 (equiv. of USD 100,000) and yearly contributions of Kes 1,000,000 (USD 10,000).
The target is to fund education through the interest on the initial seed capital and the yearly contributions without eroding the principal seed capital. The trust should cater for part of their primary, secondary and tertiary dependent on funds available (not Kindergarten).
The disbursement of funds available to each child should be based on the child’s level of education e.g. a child in Secondary school should be entitled to a larger proportion of the available funds than a child in primary school by virtue of their fees being more expensive.
Deliverable.
- A financial model in Kenya shillings from Jan 2017 to Dec 2040
- Yearly schedule of funds available for disbursement assuming
Earnings (interest + contributions) – costs (education fees)
- Apportioning of available funds to each child based on education fees cost ratio.
- No erosion of the principal seed capital
- A model where I can easily tweak the variables and it reflects in the model i.e. no. of years, no. of children, seed capital, interest, inflation, annual contributions etc.
Attached is my rudimentary cost modelling which gives insight to some benchmark figures and assumptions.
Hello, we are a team of qualified chartered accountants and we have an accounting firm. We provide solutions to meet your requirement. hope you will give us an opportunity to provide the best.
Thanks & regards
Techies
$100 USD em 1 dia
5,0 (28 avaliações)
4,7
4,7
13 freelancers estão ofertando em média $30 USD for esse trabalho
Hi,
Hope you are all well. I’ve read through your project description very carefully and attentively. I am very much interested in your project with all of your requirements. Please send me the details in the pm. looking forward to working with you.
My knowledge of a wide variety of computer programs allows me to easily take on nearly any task I am assigned. I am a quick study and welcome challenges as well. As a detail oriented and organized professional I take pride in completing assignments on time and with accuracy. I can type 100 words per minute and possess excellent communication skills both written and verbal. I am a hardworking and Expert MS Excel professional. I have Extensible knowledge about Data Entry With a great quality and in time. Hope you care about project quality. I am looking for my first opportunity. Grant me this project will put my heart and soul of the project.
Thanks
As an investment adviser I deal with this type of scenario on a daily basis, which means I will be able to provide an accurate and functional model for you.
Note the longer completion time reflects my current workload.