Finances

8/9/2020

Em Hotep House of Netjer!

Firstly I would like to thank each and everyone of you who have continued to contribue to the Temple and the work that we are doing in the name of Ma'at. These last few months have been a roller coaster of emotions and stress for a majority of us. Myself included. However, we can over come this and become a stronger House for it.

On that note I would like to note a few items with in the following summaries:

- In April we made the difficult decsion to cancel our Annual retreat due to COVID-19 and local impacts for our on site location and the travel impact for of members to join us in Portland, OR. This resulted in a refund of donatated fund from our On-Site location which will be seen here. These fund were donated from a Anonymous member and at the time were held in trust for next year's retreat.

- In May, due to continued stress from the world impact of COVID-19, these donated funds were requested back to the member.

I will be happy to answer any questions you might have about these numbers. If you wish to reach out please do so at my offical email revihhy@kemet.org

That being said here is your current summary. Be Well, Be Kind, and together we got this.

2020 Finances Summary

Please see the attached updated finances for the House of Netjer for July 2020.

Currently we are at a available cash balance of -$ 42.71*

 

This number is reflective of donations with PayPal, PayPal giving fund, our Nisut’s Salary and general running costs (website, storage fees for Tawy, etc.).

Keep those donations coming! As a non-profit we rely on those donations to keep our Temple running – not only on day to day operations – but to pay our Nisut as well so that her financial burden is lowered.

*NEW* We are once again ramping up for "The King's Stipend" to lower the burden on monthly donations and to have a reserve in the Royal Treasury to guarentee we can continue to pay Hemet for her work. If you can donate to this fund please do so! every little bit helps.

For Example if we have each of our 600 members donate just $16.70 a month we can meet out $10,000 goal!


Stock Donation Tracker

This stock donation (the giver will remain anonymous) will be mainly used towards all things Tawy from her repair bills to general utilities until Tawy is sold.

Please keep in mind this donation is separate from any donations to our general fund account and has been specifically designated to be used for Tawy house.

This tracker will show the unique rise and fall of stocks as we move forward. To keep transparency, we will be showing the withdrawals from this donation along with any fluctuations of the stock value itself. Stocks while active can change value depending on the stock itself and the market. This is shown in the fluctuation line.

We will also be showing the overall output into maintain Tawy until its sale including; repairs, water, electric, gardening, inspections, insurance costs, and other needs to help the process along.

This stock donation is not infinite and will run out, at such time we will again be pulling from out general funds account to satisfy the costs.

*NEW*

Extended Fundraising goals

Our Heri-tep has expanded our fundraising goals. In the past we have had a $1,500 goal to cover general Tawy Expenses- not just for Tawy as a physical place and to help it's sale but the cost of running the multiple websites, storage, and services. To meet our Goal of a $2000 salary for Hemet (AUS) we would reserve $1000 from her Guarentee fund and $1000 from the Tawy account. In June Hemet's salary fund was depleted and the contract was ended.

With this fund now depleted our new goal has been updated to $2,500 a month. The first $500 would go to tawy assoicated costs and then the remaining $2000 would go to Hemet.

As mentioned above we are actively looking for donations specfically for Hemet's salary.

If you have any questions, please let me know! And as always thank YOU for supporting our house.

Senebty for now-

Ihhyensenu
Financial Bak