December 22, 2008

Dear Sir/Madam,

On behalf of Sowing Hope Foundation, it is a great honor and privilege for me to write the very first end-of-year report to give you insight into our young Foundation’s activities.

Sowing Hope team consists of five members.  We have an architect, a software engineer, a marketing director, a customer service operator, and a full-time mom.  Although we come from different backgrounds and are on different career paths, we all share a common desire to help the less fortunate, namely the poor families and children in Viet Nam.

Since November 2007, we concentrated our effort on applying for tax exempt status for non-profit organization.  At the same time, we also completed rebuilding two uninhabitable huts in 2007.  Late April 2008, we were elated to receive the approval from the Internal Revenue Service for tax exempt status for both Federal and State of California.

With the new approved tax exempt status, our team immediately went to work in our spare time to set up the infrastructure of the organization.  We have built our website, conducted fund raising campaigns, set up our accounting system.  We have also added another volunteer to help with organization compliance and government relations.

As of to date, we received $14,279.25 in donations since November 1^st, 2007.  We’ve disbursed $13,200.00 to Viet Nam to rebuild 8 huts and renovate 2 huts.  We are proud to acknowledge that none of the donation was used for any overhead costs.  In January we will post pictures of these newly built homes, so please visit our website at www.sowinghope.org.  I also would like to mention that, along with everything else, the cost of building materials has risen drastically this year.  It now costs $1,500 to rebuild one hut.  Our goal for 2009 is to design a more standardized and sustainable home that is both cost-effective and functional.

We have accomplished much this year with minimal resources.  Our motto is to rebuild one hut at a time as funding permits.  So far, 10 families now have dry and safe homes to live in.  We could not accomplish all of the above without the dedication and tireless effort of our volunteers (here and in Vietnam), and, more importantly, the financial support from donors like you.  Your kindness and generosity have truly given hope to these poor families.  Your gift of a safe home is one that keeps on giving; for that, these families and all of us at Sowing Hope are forever grateful.

As 2008 is drawing to a close, all of us at Sowing Hope would like to wish you happy holidays, and much health, happiness and hope for your New Year.

Sincerely,

Phuong Nguyen

Sowing Hope Foundation

www.sowinghope.org