Ribdung-Jaleswori Education Foundation (REF) has policy to generate Seed-Funds for specific purposes such as supporting school education, health, infrastructure development etc. Recently, REF has a total of NRs. 21,27,885 seed funds collected for contributing to the quality education for “Shree Simle Secondary School” located in Ribdung-Jaleswori village in Khotang district (now this is ward number 4 of Aiselukharka Rural Municipality). This Seed-Fund was collected before the formal registration of REF and hence it was deposited in a saving and credit cooperative in the fixed deposit. A total of NRs 11,27,000 is now transferred to REF’s official trust fund account (name of the AC: REF – 3S Trust Fund) and managed as per the organization’s seed fund management policy.
The detail of the donors of this Seed-Fund is as follow: