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King Solomon

I.  KING SOLOMON LEARNING CENTER HISTORY     

Jun and Milleth Paragas arrived in Tatalon, a suburb of Manila, in 1980 in response to God's calling to join with Viv Grigg to pioneer a ministry to the urban poor in Manila. After settling down, they straight away buckled down to  the work of evangelism at every opportunity.      The abject poverty of the people around this area necessitated a change in approach to the Gospel presentation to make it relevant to these people and the conditions they were living under. The health and sanitation services, medical and dental clinics and from time to time, seminars on various subjects for parents and job creating projects were conducted. Every aspect of the Gospel was preached, taught and shared.     

In 1985, Jun and Milleth noticed that education for the poor was paramount importance to the parents for their children as the only hope of survival for financial freedom in the market place of survival of the fittest.      They also noticed that the government did not listen to the clamour of the poor, with their budget allocation for education the last priority. As a result,  public schools run by the government have a very poor quality of education. On the other hand, most private educational institutions charge fees that are as high as the mountains you can see around and therefore beyond the financial reach of the poor.    

In June 1988, with the technical help of Mission Ministries Phils. in partnership with C.A.R.E. Philippines and with their church, they started a pre-school with about 20 children enrolled. The enrolments have increased every year from that time, but in 1991 the project foundered in the issue of autonomy.    

In 1994, Jun and Milleth's small and poor church decided to put up a pre-school on their own. They tapped the technical help of Misson Ministries Phils. again but the church shouldered all the expenses with almost all their members chipping in every way they could afford in cash and in kind.     And the Lord blessed all their efforts, answered their prayers and lo and behold the King Solomon Learning Center was born!

The first teacher was Flor Fortuna, who had just graduated from the university, specialized on pre-school education, and passed the board exam in 1994. There were about 30 children in the first enrolment and this number has increased each year.     In 1996, another teacher was hired, Ruth Fortuna, and a second school was started in Sto. Domingo, another suburb in Manila, with around 15 enrolments there. The two teachers continued to teach until 1998 when they were replaced by Cristy Mendoza, and Liza Ebrada joined her in 1999.     In September1997, Jun and Milleth met Mike and Jean Snellgrove, from Australia, during their very short visit to Manila and shared their vision with them which generated a great deal of interest and excitement. Much prayer and correspondence went between them as the two couples were bound together by the vision. In October 1999, They established a foundation - the Alpha Christian Education Foundation, Inc. and the vision started to move ahead.    

During 1999 over 80 students were enrolled in the two schools with many requests for more children to attend but due to lack of space this was not possible. Seminars were held for parents and this has helped to build up a good working relationship with the children's families.     The classrooms were air conditioned during 1999, much needed in 33C temperatures, and a computer installed with the generous support from Australia. Computer studies have been added to the curriculum and this has been very well received by the parents.    

The short term goals are to continue to put the Foundation on a solid base to work from and open a third school.     Your prayers and interest in this project are most appreciated as we seek together to serve our wonderful God, change lives, and reach out to the children of Manila and their families.    

II. FINANCIAL TRACK RECORDS FOR THE LAST TWO YEARS   

1998   

A. No. of students  -------------------------52 pupils   

B. Monthly tuition fee/pupil -------------P 200.00 x 52 x10 mos.   

C. Entrance Fee/pupil  -------------------P 500.00 x 52   

D. Total Income   -------------------------------------------------------------------------------------------------P130,000.00   

E. Expenses ( in round off figures )          

bullet- Teacher's salary ( 1 teacher )     ------------------P 60,500.00          
bullet- School's share for the rent          ------------------   10,000.00          
bullet- Utilities                                     ------------------   17,500.00          
bullet- School Fixtures                         ------------------   20,000.00          
bullet- School Renovation                     ------------------     5,200.00          
bullet- School and office supplies          ------------------     4,900.00          
bullet- Honorarium to seminar speakers ------------------     1,200.00       
bullet    - Transportation                           ------------------        500.00          
bullet- Maintenance                             ------------------        650.00          
bullet- Documentation                          ------------------        750.00          
bullet- Promotion                                 ------------------        750.00         
TOTAL                                                           P124,500.00  

F. Net Income     -------------------------------------------------------------------------------------------------P    5,500.00      

1999

 A. No. of  students  --------------------------83 pupils ( 72 finished the sy )  

B. Income/ Receipt     

bullet1. Entrance and tuition fees        P 203,802.75     
bullet2. Books                                        57,731.50     
bullet3. Uniform                                      13,900.00     
bullet4. Donation                                    13,000.00     
bullet5. Test papers                                 2,505.75     
bullet6. T- shirt printing                            1,155.00     
bullet7. Calendar sales                            4,200.00                                                      P 296,295.00  

C. Expenses        

bullet- Teachers' salary ( 2 teachers )+ 13th mo. pay P 156,888.11        
bullet- Schools' share in rental of place  ------------------      19,000.84        
bullet- Purchase of books                     ------------------      49,628.14        
bullet- Uniforms                                   ------------------      12,270.00        
bullet- School and office supplies          ------------------      10,497.32        
bullet- Transportation                           ------------------           394.70        
bullet- Refund                                     -------------------       1,250.00        
bullet- Utility                                       ------------------      23,001.35        
bullet- T- shirt printing                          ------------------        1,110.00         
bullet- Parents' seminars                      ------------------        1,758.00        
bullet- Documentation                          ------------------        1,503.40        
bullet- Office fixtures                            ------------------           298.49        
bullet- Maintenanace                           ------------------         2,409.00        
bullet- Promotion/ calendar                   ------------------        4,000.00        
bullet- Medals                                     ------------------        1,500.00        
bullet- Schools' special activities           ------------------       5,550.40                

TOTAL                                                        P 291,059.75  

F. Net Income        -----------------------------------------------------------------------------------------------P    5,235.25    

G. Inventory/ Stocks        

bullet- Uniform      ------P 1,800.00        
bullet- Books        ------   1,485.00        
bullet- Calendar for sale  1,875.00       
bullet------------------------------------------------------------------  P    5,160.00  
bulletH. Accounts Receivables        
bullet- Test papers -----P 1,800.00        
bullet- calendar sold --       600.00       
bullet-----------------------------------------------------------------   P       789.00

I. Total current asset  ------------------------------------------------------------------------------------------   P   11,184.25   

III. PROJECTED ENROLEES, INCOME & EXPENSES FOR SY 2000 - 2001    

bulletA. Projected Enrolees   ----110 pupils    
bulletB. Projected Income     --------------------------------------------------------------------------------------P 440,000.00        
bulletEntrance fees  ----    P700.00 x 110 pupils = P  77,000.00         Mo. tuition fees ---    P330.00 x 110 x 10 mos. =P363,000.00    
bulletC. Projected Expenses:        
bullet- Teachers' salaries ( 2 teachers ) + 13th month pay  ---------------P 187,000.00        
bullet- Teachers' aide salaries with bonus                         ---------------     36,750.00        
bullet- Schools' share for the rent                                     ---------------     20,500.00        
bullet- Transportation                                                      ---------------       2,500.00        
bullet- Utilities                                                                ---------------     37,000.00        
bullet- Parents' seminars                                                ----------------      5,000.00        
bullet- Documentation                                                     ---------------      2,500.00        
bullet- School/ Office Supplies                                         ---------------     15,000.00        
bullet- Promotion                                                            ---------------       5,000.00        
bullet- Graduation Expenses                                           ----------------      5,000.00        
bullet- Miscellaneous                                                      ---------------       5,000.00        
bullet- Special Activities                                                  ---------------       5,000.00        
bullet- Maintenance                                                        ---------------      10,000.00         
bulletTOTAL                                                                                P336,250.00   

D. Projected Net Income   ----------------------------------------------------------------------------------P 103,750.00  

IV. PROBLEM : Instability for lack of  lot and building ownership V. PRESSING NEEDS : 

bullet1.) Lot & Building property to ensure stability for an ever increasing enrolees every year and expanding long term programs.  
bullet2.) Financial Assistance

VI. SOLUTION : Acquire School Lot and Building.  The following is our project proposal                                  

 

PROJECT  PROPOSAL  

bulletI. PROJECT NAME : SCHOOL LOT & BUILDING ACQUISITION
bulletII. PROJECT PLACE : 254 Kaliraya St., Tatalon, Quezon City, Philippines
bulletIII. CONTACT PERSON : DAMASO L. PARAGAS JR., Board Chairman and CEO, Alpha Christian Education Foundation Inc.                  
bullet                          Tel.# : 412-4844                            email : parafor@uplink.com.ph                                

Board Members:

bulletMichael Snellgrove (member [Australian])                                    
bulletDamaso L. Paragas Jr. (Chairman / President)                                    
bulletErnesto V. Gordovez (Vice Chairman / Treasurer [CPA and Comptroller )                                    
bulletAmado Reyes Jr. ( Member/ missionary leader )                                     
bulletEmmanuel Cawit  ( Secretary / Businessman )                                    
bulletElisa Montalbo  ( Member / Missionary leader, Community Devt. Worker

IV.PROJECT NEEDS :

NZ dollars 84,000.00     split in the following :                                  

bulletA. Grant or Gift of NZ dol. 42,000.00                                  
bulletB. Loan of NZ dollars 42,000.00 with 10% interest per annum payable in six years or 120 mos.

V. MODE OF PAYMENTS  FOR IV- B :                                  

bulletA. Principal  42,000.00 NZ  divided by 120 mos. = 350.00 NZ dollars/month                                   
bulletB. Interest per annum --1st yr.   4,200.00 divided by 12 mos. =350.00 NZ dollars/ month                                                                     
bullet2nd yr. 3,780.00 divided by 12 mos. = 315.00 NZ dollars/ month                                                                     
bullet3rd yr.  3,360.00 divided by 12 mos. =280.00  NZ dollars/ mo.                                                                     
bullet4th yr.  2,940.00 divided by 12 mos. =245.00  NZ dollars/ mo.                                                                     
bullet5th yr.  2,520.00 divided by 12 mos. =210.00  NZ dollars/mo.                                                                     
bullet6th yr.  2,100.00 divided by  12 mos.=175.00  NZ dollars/ mo.                                                                     
bullet7th yr.  1,680.00 divided by 12 mos. =140.00  NZ dollars/ mo.                                                                      
bullet8th yr.  1,260.00 divided by 12 mos. =105.00  NZ dollars/mo.                                                                      
bullet9th yr.     840.00 divided by 12 mos.=  70.00  NZ dollars/mo.                                                                      
bullet10th yr.   420.00 divided by 12mos. =  35.00  NZ dollars /mos.                                  

C. Monthly Payments of :

First year    --NZ  700.00/mo.                                                                         Second yr.  --NZ  665.00/mo.                                                                         Third year   --NZ  630.00/mo.                                                                         Fourth yr.   --NZ  595.00/ mo.                                                                         Fifth year   --NZ  560.00/ mo.                                                                          Sixth yr.   -- NZ  525.00/mo                                                                        Seventh yr.-- NZ  490.00/mo.                                                                       Eight yr.    --  NZ  455.00/mo                                                                       Ninth yr.    --  NZ  420.00/mo                                                                       Tenth yr.   --  NZ  385.00/mo.  

VI. SOURCES OF PAYMENTS :                                 

bulletA. School Rent              ----30%                                 
bulletB. Church Rent              --- 20%                                 
bulletC. Foundation's Donation  --30%                                 
bulletD. Solicitation                 ---20% 

VII. BENEFICIARIES OF THE PROJECT :                                 

A. DIRECT :

bullet1.School ( KSLC) 
bullet------SY 2001-2002     140 children and families                                                                              
bullet  ------SY 2002-2003     160 children and families                                                                               
bullet------SY 2003-2004     195 children and families                                                                             
bullet  -------SY 2004-2007     195 children and more                                                                                               
bullet2.Three teachers and more and their families                                                   
bullet3. Church ( KSC)  -----60 members/25 families                               

B. INDIRECT :

bulletCommunity of Tatalon, Sto. Domingo, Villa Espana 

VIII. EXPECTED RELEASE OF FUNDS :  Jan 2003

IX. EXPECTED START PAYMENTS :  March ,2003

X. EXPECTED COMPLETION OF PAYMENTS : March 2013   

Project Proposal submitted by :  Damaso L. Paragas Jr.                                                

Chairman, CEO  --ACE Foundation, Inc.   

Noted by:  Amado Reyes Jr. , Chairman, KSC Council                          Milleth F. Paragas      Principal, KSLC                                                                                                                                                       

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Last modified: 05/06/07