Each month we sponsor approximately 188 orphans currently.
Rob, the lead dev charges the expense on his credit card, and keeps a copy of the receipt.
The expenses can be viewed by navigate to Accountability.biblepay.org | Expenses and viewing the December PDF.
Since inception, Rob has spent $30,161.00 for BiblePay orphan premiums. This can be audited by viewing the sum of all payments using the above link.
Rob has only raised $19,671 in orphan fundraisers however. See accountability.biblepay.org | Orphans | Orphan Fundraisers. You can audit the total by finding the sum of all fundraisers.
This leaves a deficit of $10,490 owed to Rob for previous activity.
This $10,490 includes our current actual December 2017 invoice for $7,068.00, spent on 12-20-2017.
Receipt here:
http://pool.biblepay.org/SAN/Expenses/CompassionDec2017.pdfSummary:
$19671 raised
$30161 spent
Out of the $30161, $7068 was for December 2017.
Therefore I am requesting 2894609 biblepay for December 2017 for reimbursement of these monthly premiums.
A new record will be logged as I sell the 2.8MM on the exchange, and anything over will be used to sponsor new orphan premiums (but based on 12 months for stability), so this proposal does not benefit Rob in any way shape or form.
I am committed to spending 100% of this proposals funded amount back into Charitable benefits for the orphans.