Kidan Lehitsanat School Accredited, Inaugrated and Audited

The Fregenet Kidan Lehitsanat School has been operating with a temporary permit since its inception. We are pleased to announce that after complete review of the School\’s curriculum, class room standards, playground materials, and certification of our teachers qualifications, the Fregenet Kidan Lehitsanat School has received its full accreditation from the Kirkos Sub City Education Bureau as of January 2009.

The School\’s new library was also inaugurated in early January 2009. The library is now equipped with furniture, books, newspapers and computers. The library primarily serves our students, but is also open to the neighborhood community. As you may recall, the funds used to furnish the library were granted by the Royal Netherlands Embassy in Addis Ababa, and we thank the Embassy again for the outstanding contribution to our School and the surrounding community.

The School\’s financial records for the fiscal year ended June 30, 2008 have been audited by Abraham Berhanu & Co., Chartered Certified Accountants, an independent auditor selected and assigned by the Ethiopian agency which oversees all NGOs in the country. The auditor provided an unqualified opinion that the School\’s financial statements provide a true and fair view of the state of the School\’s affairs as of June 30, 2008, and that the School\’s income for the year then ended exceeded its expenditures. The financial audit will be submitted to the Ministry of Justice in accordance with applicable law.

The School and the Foundation would like to thank Abraham Berhanu & Co. for its professional services and its pro bono contribution to our cause.

Fregenet Kidan Lehitsanat School has also signed a new project agreement with the Addis Ababa City Administration Finance and Economy Development Bureau and the Addis Ababa City Administration Education Bureau in support of the School\’s operations. The execution of this agreement is another recognition of the importance of the School\’s activities in the City of Addis Ababa. The agreement provides for the Citys cooperation and support for the School\’s efforts to obtain duty free importation of books, computers and other essential materials. In sharing this news, the Foundation hopes to encourage our donors to consider in-kind donations of school materials in addition to financial gifts. Please contact the Foundation to discuss the donation process as it applies to these kinds of gifts.

Tafesse Woubshet, President of the Fregenet Foundation and Elizabeth Asrat, Chief Financial Officer and Secretary of the Foundation\’s Board recently returned to Los Angeles after a five week working visit to the School. During their visit they were instrumental in the execution of the project agreement with the City of Addis Ababa and the completion of the School\’s accreditation process.

Please visit www.fregnetfoundation.org or click here to see pictures of the School Library Inaugural Events and recent photography depicting student life at the School. Feel free to email us at info@fregenetfoundation.org or call us at 213-625-1867 or 310-344-5409 with any questions you may have.

The Fregenet Foundation