(L to R) Prasit
Thongthitcharoen, head of the relief unit, Visit Chaowalitnittithum,
president of foundation, and Wichian Pongthawornpinyo, vice president of
Sawang Boriboon Thammasathan Foundation, head the foundation’s AGM.
The Sawang Boriboon Thammasathan Foundation posted a 5 million baht
loss for 2012, with donations falling short of expenditures for charity
and medical-rescue activities.
At the foundation’s annual meeting Jan. 23 in Naklua, foundation
accountants said the organization collected 55 million baht in
donations, but spent 60 million baht for expenses. Sawang Boriboon’s
“relief unit” offset that slightly, posting a 500,000 baht profit on 3.2
million baht in income.
Despite the loss, the foundation still had 78 million
baht cash on hand as of Dec. 31, while its relief unit retrained 900,000
baht cash on hand.
President Visit Chaowalitnittithum told the 50 members attending
expenditures went toward numerous projects last year, including staging
four “lang pacha” ceremonies - two in Chonburi - where the remains of
dead Buddhists without relatives are dug up and cremated in proper
The foundation also built an eight-story building to expand its Sawang
Boriboon College, provided security for various events in Pattaya, and
sponsored equipment for medics and first-responders.