Funds Management

In this section you will find details of  bursaries paid by the Foundation to meet the costs of farriery training for young people who lack the resources to pay for the training.

Please visit the section on training for illustrated information about our projects and for details about the progress made by our trainees as well as the FAF students.

 

Provisional operational budget

Estimated costs for a 2 week training program
with 2 trainers

Course preparation, formalities

600

Teaching materials for theory classes

600

Equipment for practical classes: gas-fired forge, forging tools, anvil

5000

Visas

2×70=140

Air fares

2x 1800 =      3’600

Accomodation

70€/day x 2 trainers x 14 days = 1’960

Air freight of equipment

500

Project administration costs: telephone, postage, photocopies and fax, office overheads, secretarial costs

1000

Hire of training venue, interpreter fees, visual material, refreshments for students

1000

Total in €

14'400

 

The figures above are approximate. It is difficult to anticipate all the costs relating to a particular project, taking into account the variation in the cost of living in different countries. Currency fluctuations can result in a rise or in a decrease in costs.

Thanks to our expanding experience we will be able to prepare more detailed budgets as time goes by. The outline budget does not take into account the fees incurred in establishing the FAF, or expenses arising from the Foundation’s general operations. Precise costs will be identified in due course, in relation to the accounting year concerned.