Jhamtse Canada Financial Statements 2016

Independent auditor’s report

To the Members of Jhamtse Canada

We have audited the accompanying financial statements of Jhamtse Canada (the “Organization”), which comprise the statement of financial position as at December 31, 2016, the statements of financial activities and changes in capital and cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information.

Management’s responsibility for the financial statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with Canadian accounting standards for not-for-profit organizations and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor’s responsibility

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis
for our qualified audit opinion.

Basis for Qualified Opinion

In common with many charitable organizations, Jhamtse Canada derives revenue from fundraising activities and public donations, the completeness of which is not susceptible to satisfactory audit verification. Accordingly, our verification of these revenues was limited to the amounts recorded in the records of Jhamtse Canada. Therefore, we were not able to determine whether any adjustments might be necessary to donation and fundraising revenues, net surplus and cash flows from operations for the years ended December 31, 2016 and December 31, 2015, current assets as at December 31, 2016 and 2015, and changes in capital as at January 1, 2016, December 31, 2016, and December 31, 2015. Our audit opinion on the financial statements for the period ended December 31, 2015 was modified accordingly because of possible effects of this limitation in scope.

Qualified Opinion

In our opinion, except for the effects of the matter described in the Basis for Qualified Opinion paragraph, the financial statements present fairly, in all material respects, the financial position of Jhamtse Canada as at December 31, 2016, and the results of its operations and its cash flows for the year then ended in accordance with Canadian accounting standards for not-for-profit organizations.

Grant Thornton Signature

Chartered Professional Accountants
Licensed Public Accountants

Mississauga, Canada
March 13, 2017

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Jhamtse Canada Spring 2017 Newsletter

Spring 2017

Welcome to Jhamtse Canada’s newsletter. The word Jhamtse means love and compassion in Tibetan. Our mission to relieve poverty in developing nations by providing basic necessities of life, including food, clean water, clothing and/or shelter to children and families who are poor or in need.

In 2016 we sent over $35,000 of funds raised for relief, programming and to buy a school bus for the Jhamtse Gatsal Children’s Community located in the Himalayan foothills at the
“end of the road” in northeastern India. The Community is beside the Bhutan eastern border where India meets Tibet and Bhutan.


School Bus purchased by Jhamtse Canada donors

The school bus contributions were the goal of one generous family so we fundraised in late 2015 and 2016 to enable the purchase of the bus shown in the prior column. The mini-school bus seats 24 and has been key to moving lots of students to functions, competitions, high school and other events including to hear the Dalai Lama speak in early 2017.

Of special note is the $680 that our daughter Milaan raised at her birthday party. Her birthday wish was that her friends at Jhamtse Gatsal could enjoy pizza which is Milaan’s favourite food. Instead of gifts she asked that kids attending her party bring a contribution for this pizza event half way around the world.


Pizza party in the Himalayas

We were astonished with the result and the creativity of the administrators at Jhamtse Gatsal. As you can imagine there is not a local pizza delivery in the Himalayas. Above is a picture of the pizza party that was created at Jhamtse Gatsal and a photo cut out of Milaan with her best friend Tashi and others enjoying pizza and birthday cake in Milaan’s honour.

CURRENT STORIES

The reason the current newsletter is later in 2017 is that Adarsh and Jeff welcomed their new son Keval into the world. Both Milaan and Keval are doing well. Mom and Dad could use some more sleep :).

Jeff will be visiting India in the fall of 2017 to meet with Lobsang and staff along with the Directors of other entities that support Jhamtse Gatsal. Any sponsors of children should get their update packets to our office over the next few months and we will deliver these in late September.

Volunteers in Vancouver are having another Singin’ Round event in conjunction with the Synergy Collective. The event will be held on November 7th at the Vancouver rowing Club in Stanley Park. Last year’s event sold out so mark the date and don’t delay in buying your tables and tickets. Tickets this year are $60 per premium ticket and $35 for regular ticket and children under 12 are free. Tables can be reserved and are 10 seats each. The ticket purchaser will get a donation receipt for 100% of the ticket price.

It is a great evening with dinner and world class live music. Doors open at 6:00 pm, dinner completed by 7:30 and the show starts at 7:40 and wraps up around 10:00 pm. Our goal is to sell out the event again this year at 170 tickets so anyone interested in buying tickets and more importantly volunteering to help us with the general organization of the event please call Carol Evenchick at 604-985-2511.

FINANCIAL RESULTS

Jhamtse Canada completed its second year as a registered charity in 2016. On the following page is the summary of the audited financial statements for the year ended December 31, 2016. The complete audited financial statements are available to review on our website at jhamtsecanada.ca under the News/Events heading.

We raised over $86,000 while limiting administration expenses for the year to under $6,000 or 7% of revenues and program travel to 4% of revenues in 2016 (6% and 5% respectively in 2015).

During the year we provided over $35,000 to Jhamtse Gatsal in accordance with our three year commitment to support their capital and operational needs.

We have accumulated a surplus that allows us to remain committed to an additional two years of continued support to Jhamtse Gatsal up to $35,000 per annum.

With good fortune we will be able to find other worthwhile causes to bring to your attention in 2017.

Jhamtse Canada is a 100% volunteer organization with no paid staff. Administration costs are covered by contributions from Adarsh Mehta and Jeff Jenner. As a result 100% of your contributions goes to great causes and organizations.

DIRECTORS
The Board of Jhamtse Canada:

  • Linda Bertoldi, LLB Partner, Bordner Ladner Gervais
  • Mark Foley, President, Jhamtse International
  • Jeff Jenner, CA, CBV, CEO, Jenner Renewable Consulting
  • Adarsh Mehta, MSc, MBA, Vice President, JRC Inc.

DONATIONS & VOLUNTEERS
Donations can be made by cheque and sent to the address on the footer of this page or by Paypal or credit card from our website (http://jhamtsecanada.ca/donate/). f you are interested in volunteering or creating other events for Jhamtse Canada please call Adarsh Mehta at amehta@jhamtsecanada.ca or telephone 905-990-2464.

We thank you for your support and trust.
Jhamtse Children

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Jhamtse Canada Spring 2016 Newsletter

SPRING 2016
Welcome to Jhamtse Canada’s newsletter. The word Jhamtse means love and compassion in Tibetan. Our mission to relieve poverty in developing nations by providing basic necessities of life, including food, clean water, clothing and/or shelter to children and families who are poor or in need.

LOCATIONS
The locations to where we sent over $46,000 of funds raised in 2015 for relief and programming included the Jhamtse Gatsal Children’s Community located in the Himalayan foothills at the “end of the road” in northeastern India. The Community is beside the Bhutan eastern border where India meets Tibet and Bhutan. This area has recently been beset with landslides causing roads to be washed out and loss of life. No one at the Community has been injured. Earlier in 2015 we also provided support to the relief efforts by sending funds to the Child Haven orphanage in Kathmandu in May in response to the earthquake disaster in Nepal. Last week we spoke with the Child Haven directors and they indicated that the orphanage has returned to normal operations but the area in and around Katmandu still needs significant efforts to rebuild.

CURRENT STORIES
Adarsh and Jeff visited Jhamtse Gatsal again in the fall of 2015 along our daughter Milaan. We were meeting with Lobsang and staff along with the Directors of Jhamtse International to plan activities for 2016 including the potential for 15 additional children to be accepted into the Community.

Jhamtse Children
It Is Milaan who turns the table on Tashi by acting up at dinner.

The children of Jhamtse Gatsal are still awesome. They and the teaching staff and volunteers work tirelessly on their performances including many traditional dances.

Jhamtse Children
Senior girls’ traditional Monpa dance at Jhamtse Gatsal during recent trip

Volunteers in North Vancouver created a movie night on November 7th in North Vancouver with more than 125 people coming out to support the event’s activities which including watching Tashi and the Monk, traditional Tibetan performances, prayer flag painting and more. The evening grossed more than $5,000 for Jhamtse Canada. Our thanks go to Mark Riddell, Terry Bulych, Carol Evenchick, Ramona Materi and Klara Sedlacek who made the night a tremendous success. The Vancouver volunteer group have plans for another event in 2016 and need your help (see Upcoming Events).

Jhamtse Children
The North Vancouver crowd hears a Tibetan song performed.

FINANCIAL RESULTS
Jhamtse Canada completed its first year as a registered charity in 2015. We had two formal events and attended more than a dozen Banff Mountain Film Festival screenings that showed Tashi and the Monk. Our thanks to the Banff Centre team for allowing us to get the word out to film goers in Canada, USA, Europe and Australia.
Below is the summary of the audited financial statements for the year ended December 31, 2015. We raised over $117,000 while limiting administration expenses for the year to just $7,214 or 6% of revenues and program travel to 5% of revenues.

Jhamtse Children
During the year we provided $46,224 to excellent and worthwhile causes including $43,000 to Jhamtse Gatsal and $3,224 for Nepal Earthquake relief. We accumulated a surplus that allowed us to commit to an additional three years of continued support to Jhamtse Gatsal up to $35,000 per annum.

With good fortune we will be able to find other worthwhile causes to bring to your attention in 2016. We are currently searching in Cambodia and Bolivia.
Jhamtse Canada is a 100% volunteer organization with no paid staff. Administration costs are covered by contributions from Adarsh Mehta and Jeff Jenner. As a result 100% of your contributions goes to great causes and organizations.

UPCOMING EVENTS
The Vancouver group is at it again with an event planned for October 4 in support of Jhamtse Canada. There is a dinner and entertainment organized through the Synergy Collective Society. Synergy is a community-based organization that blends art with social responsibility. The evening is Just Singin’ Round at the Vancouver Rowing Club in Stanley Park. The Rowing Club is located at the entrance to Stanley Park off of Georgia St. Doors open at 6:00 pm, dinner completed by 7:30 and the show starts at 7:40 and wraps up around 10:00 pm. Tickets are $25 and children under 12 are free. Our goal is to sell 100 tickets so anyone interested in buying tickets and more importantly volunteering to help us with the general organization of the event please call Carol Evenchick at 604-985-2511.

DIRECTORS
The Board of Jhamtse Canada:

  • Linda Bertoldi, LLB Partner, Bordner Ladner Gervais
  • Mark Foley, President, Jhamtse International
  • Frank James, MD, Clinical Assistant Professor at the University of Washington School of Public Health
  • Jeff Jenner, CA, CBV, CEO, Potentia Renewables Inc.
  • Adarsh Mehta, MSc, MBA Vice President, JRC Inc.

DONATIONS & VOLUNTEERS
Donations can be made by cheque and sent to the address on the footer of this page or by Paypal or credit card from our website (http://jhamtsecanada.ca/donate/).
If you are interested in volunteering or creating other events for Jhamtse Canada please call Adarsh Mehta at amehta@jhamtsecanada.ca or telephone 905-990-2464.
We thank you for your continued support and trust.

Jhamtse Children

Download the newsletter in PDF format here

Jhamtse Canada Summer 2015 Newsletter

SUMMER 2015
Welcome to Jhamtse Canada’s first newsletter. The word Jhamtse means love and compassion in Tibetan. Our mission is to relieve poverty in developing nations, including India, by providing basic necessities of life, including food, clean water, clothing and/or shelter to individuals and families and, in particular, children, who are poor, of low income, or in need.

LOCATIONS
The Jhamtse Gatsal Children’s Community is located in the Himalayan foothills at the “end of the road” in northeastern India. The Community is beside the Bhutan eastern border where India meets Tibet and Bhutan. In response to the earthquake disaster in Nepal we also provided support to the relief efforts by sending funds to the Child Haven children’s home in Kathmandu in May.

CURRENT STORIES
Jhamtse Gatsal supports almost 90 children in the poorest remote area of the poorest state in India. Against high odds the children’s Community is a model of compassion and harmony creating great people from destitute children, most of whom are orphans. Most recently the largest cohort of children competed in the Class 9 national exams in May. All students from the Community cleared their national level exams with flying colours. Of the 20 students in a class of 140 students that passed their first attempts at the local Government School, 14 were from Jhamtse Gatsal. Our students also took the top 10 positions under Lobsang Phuntsok’s direction.

As the Community is at the end of the road in India its basic infrastructure is stretched and it suffers regular weekly power blackouts sometimes for days at a time. Jhamtse Canada has assisted the Community in its energy self-sufficiency.

We funded repairs to the emergency lighting solar power system and installed a small meteorological tower in 2014. The entire community helped with the manual installation which has been measuring the wind resources at the Community for 9 months. The resources show promise that small wind turbine will generate power and provide needed electricity to the Community.

RECENT ACTIVITIES
The creation of the multiple award winning documentary about the Community called Tashi and the Monk has given us the opportunity to build awareness. It shows how children at Jhamtse

Gatsal are transformed by love and compassion. Tashi won nine awards at international film festivals including Best Short Film at the 2014 International Documentary Association awards in December. As a result, volunteers from Jhamtse Canada were able to attend three film festivals and more than 25 screenings of Tashi across Canada as part of the Banff Film Festival’s World Tour. There have been five local fundraisers across Canada. Our thanks to Leo Chan in Bowen Island, Etienne Beaudet in Whistler, Juan Andersen in Thunder Bay and Louise Abbott in Georgeville, Quebec for organizing these events. The movie was screened at these events as well as Artemano in Toronto on June 13th to help raise more than $10,000 for Jhamtse Canada.

In addition, we, along with the film’s creators, Andrew Hinton and Johnny Burke, have created a Deluxe DVD package that is available from our website for $30. Over 400 DVD’s have been sold around the world raising awareness and funds for the Community. You can purchase your DVD at (http://jhamtsecanada.ca/tashi-and-the-monk-dvd/).

UPCOMING EVENTS
Jhamtse Canada has additional events planned:

  • On October 24th a dinner event hosted by Manju Sekhri and Brian Van Heesch in Milton Ontario. The event is a pay-what-you-can with contributions encouraged.
  • The Vancouver Jhamtse Canada volunteer committee has two events. The first on November 7th at The Pipe Shop in North Vancouver. Tickets will be available from our website.
  • The second is a dinner music event in 2016 hosted by the Synergy Collective.
  • We teamed up with World Expeditions to create a Jhamtse Gatsal Himalaya Challenge where the travelers raise funds and work on a project for the Community. Only 16 participants so sign up early.
  • Also look for a launch of a Capital Fund Raising Campaign in the fall of 2015 to build proper residences for the children at Jhamtse Gatsal. Currently the children sleep in large classrooms with more than twenty children and a house mother per room.

DIRECTORS
The Board of Jhamtse Canada:

  • Linda Bertoldi, LLB Partner, Bordner Ladner Gervais
  • Mark Foley, President, Jhamtse International
  • Frank James, MD,
  • Jeff Jenner, CA, CBV, President, Jenner Renewable Consulting
  • Adarsh Mehta, MSc, MBA Director, Canadian Wind Energy Association

Special thanks to Pankaj Mehta who assisted Jhamtse Canada as a Founding Board Member. He is the center of the children’s attentions during our last trip to Jhamtse Gatsal in the picture shown on the first page.

DONATIONS & VOLUNTEERS
Jhamtse Canada is a 100% volunteer organization with no paid staff. Administration costs are covered by contributions from Adarsh Mehta and Jeff Jenner. As a result 100% of your contributions goes to organizations such as Jhamtse Gatsal.
Donations can be made by cheque sent to the address on the footer of this page or by Paypal or credit card from our website (http://jhamtsecanada.ca/donate/).

If you are interested in volunteering or sponsoring a child you should contact Adarsh Mehta at amehta@jhamtsecanada.ca or telephone 905-990-2464.

We thank you for your support and trust.
Adarsh and Jeff

We Have Registered Charity Status in Canada!

Jhamtse Canada at Jhamtse Gatsal Children's Community

Today is a historic day for Jhamtse Canada as the Canadian Revenue Agency has determined that we are a registered charity in Canada effective January 1, 2015. Our registered charity status enables us to receive donations and issue tax deductible receipts under our registration number 814420238RR0001. Much thanks goes to the hard work of Camille Jordaan and the lawyers at Borden Ladner Gervais in Toronto for helping us reach this milestone after a full year’s worth of effort.

A Successful Screening in Québec

On December 30, 2014, Louise Abbott, Niels Jensen and the volunteers at Studio Georgeville cooperative located at 20 carré Copp, Georgeville, Québec hosted a “Tashi and the Monk” movie night. The goal was to raise awareness about the Jhamtse Gatsal Children’s Community. The evening was a great success and an appreciative audience contributed to make a donation to Jhamtse Canada. Our thanks goes to Louise, Niels and others who made this event possible. Well done!!!

Studio Georgeville

Tashi and the Monk wins Best Film: Mountain Culture

Jeff & Johnny at Banff

On November 8 and 9 in Banff, Alberta the movie Tashi and the Monk was shown to over 2,500 people at the Banff Mountain Film Festival. The movie wowed the audiences and the judges as it was awarded the Best Film: Mountain Culture. Presenting the award to Director Johnny Burke is Candice Drouin, from sponsor Helly Hansen, along with Jeff Jenner from Jhamtse Canada. Tashi and the Monk will now be part of the Banff Mountain Film Festival World Tour with screenings across Canada over the next four months and around the world during the next year. We are looking for volunteers to be Jhamtse Gatsal ambassadors during these screenings, so if you’d love to help, please give us a call.

Tashi & the Monk to be at Banff

Lobsang & Tashi

Tashi and the Monk, a short documentary film about life at Jhamtse Gatsal Children’s Community, has been selected to be screened at the Banff Mountain Film Festival.

Johnny Burke, one of the two creators of Tashi and the Monk, will be in attendance in Banff, Alberta this weekend for the screenings of the award-winning film along with Jeff Jenner, President of Jhamtse Canada.

Tashi and the Monk recently won the Pare Lorentz award for social and environmental film making excellence at the International Documentary Association (IDA). The IDA also short-listed Tashi and the Monk for the best short documentary at its upcoming awards gala in Los Angeles. The film also won two awards at the Telluride Mountain Film Festival in Colorado early this year and is currently on tour throughout the US.

Visit the Tashi and the Monk website for more information about the film.