Background
Over the years through the Church I attend, I have had opportunities to sponsor a couple of children.
Inflation
Letter
Here is a letter that I recently received:-
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I have an important update for you about your sponsored child.
You’ve noticed that people all around the world are being affected by soaring prices, and it’s affecting O too.
Would you consider sending an additional $5 each month to ensure your adopted son’s daily needs continue to be met even in these difficult economic times?
The cost of basic necessities has skyrocketed. It’s more expensive than ever to feed, clothe, and educate children. Without more support, our local partners are worried they wont be able to continue giving your adopted son and the other children the best quality of care possible.
For this reason, we have made the difficult decision to raise the cost of sponsorship to $40 a month beginning in September 2023.
The last time the cost of sponsorship increased was 2012, that was over 10 years ago.
Because of the global inflation, it’s clear we have to take action to make sure sponsorship programs like O’s can keep their doors open.
I’m sure your wallet is feeling the effects of inflation too. If you’ve tried filling up your gas tank recently, you know just how expensive things have become. That’s why I wanted to let you know a year in advance of when this price increase will be happening so you can prepare.
But if you are able to start sending an extra $5 a month now, your additional gift will go a tremendous way toward helping your adopted son get through an extremely difficult year.
Here are just a few reasons why your additional gift is so critical this year:
The average cost of necessities in the countries where our sponsored children live has DOUBLED over the past decade. That’s 5x the increase in the USA in that same time period. If you and I are feeling the financial crunch, just imagine how much
(over, please)
Explanation
- Cost of sponsorship
- The last time an increased occurred was 2012, 10 years ago
- In September 2023, the monthly cost of sponsorship per each child will increase to $40
- Meanwhile, sponsors are being asked to send in an additional $5
Giving
For the sponsorship, I have it setup electronically.
I went to the web site and reviewed my account.
Giving More
Considering giving more between now and the end of the year.
It is September and so we have 4 months left this year.
$5 Times 4 is $20.