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UBC Benevolence Fund Payout Calculations


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Initial Deposit Replenishment Amount after Distribution
$ 250 $ 50
Number of members Initial Deposits
10 2,500
20 5,000
25 6,250
30 7,500
35 8,750
40 10,000
45 11,250
50 12,500
75 18,750
100 25,000
200 50,000
Top up amount is $50 per occurrence, and assumes one occurrence only
Each Occurrence pays out 16% of original deposit capped at $4000
 
16%
Single event payout Balance Top Up Amount New Balance
400 2,100 500 2,600
800 4,200 1000 5,200
1000 5,250 1,250 6,500
1,200 6,300 1,500 7,800
1,400 7,350 1,750 9,100
1,600 8,400 2,000 10,400
1,800 9,450 2,250 11,700
2,000 10,500 2,500 13,000
3,000 15,750 3,750 19,500
4,000 21,000 5,000 26,000
4,000 46,000 10,000 56,000
Top up amount is $50 per occurrence

Each Occurrence pays out 16% of original deposit capped at $4000
What if X number happens => 3
16%
Single event payout Balance Top Up Amount New Balance
1,200 1,300 1,500 2,800
2,400 2,600 3,000 5,600
3,000 3,200 3,750 7,000
3,600 3,900 4,500 8,400
4,200 4,550 5,250 9,800
4,800 5,200 6,000 11,200
5,400 5,850 6,750 12,600
6,000 6,500 7,500 14,000
9,000 9,750 11,250 21,000
12,000 13,000 15,000 28,000
12,000 38,000 30,000 68,000
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