17 39 Management of trust funds and

Administration of Trust Fund(s)

Non UNIDO funds 1 829 8 930

III. GOVERNING BODIES OF THE UNITED NATIONS DEVELOPMENT FUNDS AND PROGRAMMES

17 39. Management of trust funds and counterpart contributions

Having considered the report of the Executive Director on the management of trust funds,

In order to minimize the administrative costs associated with the management of trust funds, the Board urges UNDP to continue its efforts to close down inactive funds.

140. The attention of the programme managers and the fund management officers have been drawn to this recommendation.

Having considered the report of the Executive Director on management of trust funds and counterpart contributions, UNEP GC.17 19.

139. The activities of programme officers and fund management officers should be adequately coordinated to enhance expenditure monitoring.

(b) Improve space management through close coordination of space requirements with funds and programmes

Milllions of dollars

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In particular, the Board notes that UNDP is considering the introduction of a standard fund management approach with uniform management, structures and processes for all programme funds, including trust funds.

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(h) Administering global funds, such as the Interregional Fund for Programme Preparation, Promotion and Evaluation and components of the Programme Fund for the 1990s Goals, as well as the divisional budget.

These funds are to philanthropy what venture capital, private equity, and eventually mutual funds are to investing, but with a twist because often a community forms around these funds, as it has at Acumen and other places.

PSD Private Sector Division (UNICEF)

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Trust funds

Governmental funds

ALL FUNDS

Trust Funds

To optimize resources destined to civil society's non profit organizations and make available information of state, national and international funds for social projects, besides fostering the civil society as supervisor of these investments.

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