Toronto Mahavihara Scholarship Foundation

   Registered as a Non-Government Organisation in Sri Lanka.

    Affliated to Toronto Mahavihara Society, Toronto, Canada

OVERVIEW OF THE FUNDING OF THE SCHOLARSHIP PROGRAMME
(FOR BUDGETARY PURPOSES: 1ST YEAR)

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  • Annual Income:
    15.5% of Investment
  • Administration cost:2% of Income
  • Funds available for grants:98% of Income
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  • Amounts in CN$.
  • Investment in a SL Bank at 15.5% pa.
  • Interest rate may vary with time.


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