Pemba Foundation Inc.

“Part 1 Line 7a,b,c relate to sales of vanilla from farming development program described in Part iii. The foundation pays farmers in full in advance of selling the crop to a UK retailer. In 2017 this program made a loss for 2 reasons: 1. the foundation compensated one farmer whose crop was stolen; 2. faulty local storage reduced the crop yield available to the foundation for onward sale.”

“List of grants paid: 1. a nursery school built by the foundation at a cost of $59,014 was handed over to the village of Maziwa Ngombe, Micheweni District, Pemba, Zanzibar. The school accommodates 200 students in 5 classrooms and is used in double shifts, serving 400 students a year from Maziwa Ngombe village and surrounding communities. The project included bringing water and power to the nearby elementary school. 2. A boat and outboard motor valued at $12,066 were provided to the Village Fishermen's Committee in the village of Gando, Wete District, Pemba, Zanzibar to be used for patrolling a new community fisheries conservation area, set up with the advice of the foundation. 3. Marker buoys, mooring chain, rope and anchors valued at $6,567 were provided to the Government of Zanzibar's Department of Fisheries, Wete, Pemba, Zanzibar to be used to mark new fisheries conservation areas.”

“Line 16, other expenses: these are all travel and transport related, i.e. ferry and air travel between the 2 main Zanzibar islands and to mainlandTanzania; taxis; rental of 4x4 vehicles; purchase and maintenance of executive director's motorbike; fuel.”

“Line 20, other changes in net assets: $3,130 unrealized gain in investment portfolio; value of irrigation materials held by foundation reduced by $2,182; net change $948 increase.”

“Line 24: irrigation materials valued at $3,770 held by the foundation at year end; fisheries patrol boat and motor valued at $12,066 held by the foundation at year end.”