Identity area
Type of entity
Corporate body
Authorized form of name
UNESCO. Funds-in-Trust
Parallel form(s) of name
- UNESCO. Fonds-en-dépôt
Standardized form(s) of name according to other rules
Other form(s) of name
- FIT
Identifiers for corporate bodies
Description area
Dates of existence
1960 -
History
The Funds-in-Trust (FIT) co-operation modality was initiated in 1963, following on the approval of the the 1961-1962 Budget and Programme at the 11th General Conference which featured a new clause in the Appropriation Resolution covering the receipt of ‘other funds’. The first two projects were funded by France, for the training of educational administrators in Africa, and by Sweden, for the development of education for girls and women in Africa. Funds-in-trust are cash contributions made available by Governments, organizations, private companies or individuals to enable UNESCO to carry out specific programmes and projects on behalf of the donor within the Organization’s fields of competence. Funds-in-trust contributions may be self-benefiting, if they are intended for activities within the donor’s own territory; if they are intended for activities elsewhere, they are called donated funds-in-trust. Funds-in-trust are operated on the basis of a specific agreement between the donor and UNESCO, or of a specific agreement between the donor and UNESCO on the one hand, and the benefiting Government and UNESCO on the other. Projects and programmes are proposed by member states or by UNESCO acting as a link between member states requesting assistance, and member states and organizations willing to provide the assistance. FIT is said to represent an amalgamation of bilateral and multilateral aid. Implementation of a funds-in-trust project is the responsibility of the project officer, whether at Headquarters or in a field office. Project officer reports are submitted to donors after review by the relevant programme sector. UNESCO’s services may consist of provision of personnel assistance, analysis and advice, the organization of training activities (including the administration of fellowships), the procurement of equipment, or other services consistent with the Organization’s mandate and requested by the donor. The associate expert scheme, under which young professionals are made available to UNESCO for two or three years, is operated as a funds-in-trust arrangement. FIT was most recently evaluated in 2012 and was studied by a Special Committee of the Executive Board in 1974.
Places
Legal status
Functions, occupations and activities
Mandates/sources of authority
Internal structures/genealogy
General context
Relationships area
Access points area
Occupations
Control area
Authority record identifier
Institution identifier
Rules and/or conventions used
Status
Level of detail
Dates of creation, revision and deletion
Created by AWT upon data-entry of legal instruments April 2013.
Language(s)
Script(s)
Sources
- UNESCO. (2000). Funds-in-trust financing of UNESCO's activities for development co-operation, 1999-2000: report. August 2000. BER.2000/WS/1. Available online in UNESDOC, accessed 15/04/2013: http://unesdoc.unesco.org/images/0012/001214/121437eo.pdf
- UNESCO. (1964). Report of the Director-General on the activities of the Organization in 1963, communicated to Member States and the Executive Board in accordance with article VI.3.b of the Constitution. CPG.64/I.18A. UNESCO Archives, AG 4 General Conference Documents.
- UNESCO. (7 November 1997). 545 – Funds-in-Trust. In the UNESCO Manual. Item 545. Issue No. 1483. UNESCO Archives, AG 6 Secretariat Documents.
- UNESCO. (27 November 1985). 2420 – Field Project Posts Financed by Extra-Budgetary Sources. In the UNESCO Manual. Item 2420. Issue No. 1157. UNESCO Archives, AG 6 Secretariat Documents.
- UNESCO. Executive Board, 94th Session. Special Committee. (1974). Report of the Special Committee. Annex VI. 94 EX/5 Add. Annex VI. Available in UNESDOC, accessed 15/04/2013: http://unesdoc.unesco.org/images/0000/000085/008584eb.pdf
- UNESCO. Executive Board, 94th Session. Special Committee. (1974). Report of the Director-General : In-depth study of the topics which the Special Committee has to consider, taking as its basis the activities of the Organization in 1973, and Report of the Special Committee thereon. Paris, 27 March 1974. 94 EX/SP/5. UNESCO Archives, AG 5, Executive Board Documents.
- UNESCO. General Conference, 36th Session. (2012). Financial Regulations. In Basic texts: 2012 edition; including texts and amendments adopted by the General Conference at its 36th session, Paris, 2011. SCG-2012/TEXTES FONDAMENTAUX. Part E, p. 97-110. Available in UNESDOC, accessed 16-04-2013: http://unesdoc.unesco.org/images/0021/002161/216192e.pdf
- UNESCO. General Conference, 18th Session. (1974). Report of the Director-General on the activities of the Organization in 1972 - Communicated to Member States and the Executive Board in accordance with Article VI.3.b of the Constitution. 18 C/3-2. Part III, Chapter 9 Funds-in-Trust. P. 265-271. Available online in UNESDOC, accessed 15-04-2013: http://unesdoc.unesco.org/images/0001/000121/012174eo.pdf
- UNESCO. General Conference, 11th Session. (1960). Approved Programme and Budget for 1961-1962. 11 C/5 Approved. Appropriation Resolution, page 6. Available in UNESDOC, accessed 16-04-2013: http://unesdoc.unesco.org/images/0016/001605/160504eb.pdf