The Adisadel Foundation Inc. of the United States
was established in 2003 for the purposes of promoting the
welfare of AdisadelCollege and helping the school achieve
its educational mission.It is an
IRS-approved non-profit organization set up under section
501 (c) (3) of the U.S. Internal Revenue Code. Thus any
donations made to the Foundation by U.S. tax payers are tax deductible.
The Foundation works with other Santaclausians organizations
such as year groups and old boys associations to raise money and in-kind
donations for the school.The funds
go towards capital improvements, infrastructure repairs, teaching incentives,
and other expenditures that help improve the quality of the educational
experience at the school.
The Foundation adheres to strict accounting controls and
procedures in accordance with IRS regulations.Each year, the Foundation is
required to file tax returns and other financial reports with the U.S. Internal
Revenue Service and its State of incorporation to account for its receipts and
disbursements.
This report provides
cumulative information on donations, projects that have been funded to-date, and
the financial balance. The following are projects on campus that have been
funded by donations channeled through the Foundation:
Landscape improvements near the
campus western gate, administration building, chapel, dinning hall, and
Awotwe Babies in 2004.
Aglionby House renovation project
(contributions from former Aglionbytes)
Expansion of the administration building to include new
staff washrooms, common areas and offices (contributions from members of
Class of 1975)
Campus demarcation wall project in
Katanga
(contributions from members of Class of 1976)
$ 7,350.00 donation to the school
in 2007 (contributions from members of Class of 1982)
$5,000 funding of centenary
activities (contribution from Godfred P. & Maxy Otuteye)
$200 donation towards purchase of cadet uniforms
(contribution from a member of Class of 1978)
In-kind donations such as computers, books and teaching
aids have also been part of the Foundation’s funding efforts.
The most significant
funding target is the proposed Centenary Center Complex, a monumental project
comprising a library, computer center and classrooms. This project will need
huge funding assistance from all Santaclausians and the Foundation remains a
conduit to receive donations for its completion.Individuals and Year Group members based in the
United States
receive tax deduction benefits when their donations to fund identified campus
improvement projects are channeled through the Foundation.
We salute all the
Santaclausians who have volunteered their time and in some cases assumed
personal financial risk in the service of our great Alma Mater. We also salute
all those individuals, year groups and former residents of various Houses as
well as well-wishers who have made donations to the school through the
Foundation.
A
Donor List and Categories
Please click on the following link for a list of donors and
their respective donation categories:
