Thanks to the participation of
highly qualified experts and the excellent infrastructure, the alliance
between FUND-ECO and the IE
is considered innovative and effective support for the management
of projects, the search for funding and the management of financial
resources.
Our experience, built up over the
years, assures managerial, administrative and methodological mechanisms
which guarantee technical feasibility and administrative efficiency.
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FUND-ECO applies transparent
operational procedures and sound financial management practices.
Its operations and budgets are closely watched by the independent
and well respected members of the Board
of Directors. Prestigious local companies, affiliated
to international firms, audit
the accounts annually.
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FUND-ECO
handles 4 types of financial funding:
1. Self funding
2. External funding
3. Funds established under Special Agreements.
4. Scholarship Fund
| 1. Self funding |
Consists of the constitutional patrimony, the annual contribution
of the members and the income generated from managing projects.
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| 2. External funding |
These resources are destined for project implementation.
Since the beginning of its operations, FUND-ECO has managed
and coordinated more than 60 projects on its own initiative
or at the request of national and international institutions,
for a total amount of US$ 6,821,953
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| Resources have been received
from: |
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The
Western Ontario University in Canada and the Leipzig
University in Germany |
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Development agencies:
GTZ, DANIDA, BID, EU, PNUD and OEA |
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Public entities:
FONAMA, PL-480 and PNCC |
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National and international
NGO’s: LIDEMA, FAN, PUMA, Mac Arthur, TNC, CI,
WCS, IPGRI / Biodiversity and American Bird Conservancy
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Private companies:
TEXACO, Transredes, Chaco, Sinchi Wayra and Inti Raymi
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| 3.Two funds established under Special
Agreements. |
FUND-ECO
was granted the management of these special funds based on
its solid financial management process and the positive results
of the external audits to guarantee quality and transparency
in its handling and use. |
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The first fund benefits the Institute of
Ecology (IE)
of the Universidad Mayor de San Andrés (UMSA)
and the Forest Sciences College (ESFOR),
belonging to the Universidad Mayor de San Simón
(UMSS)
of Cochabamba.
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The
use of these resources contributes to the continuity of
their operations, expansion of their infrastructure, purchase
of equipment and materials, as well as improvement of academic
and research capabilities.
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The second
fund supports the implementation of the Postgraduate
Center in Ecology and Conservation (CPEC), under the
tuition of the IE. Its purpose is to contribute to the
permanent education of professionals specialized in
conservation planning and management, focusing on the
sustainable use of natural resources and the environment.
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This enables the participation
of 20 professionals from different disciplines every two years.
To date 100 graduate students finished the master’s
degree program.
It also fosters the promotion of interdisciplinary
research, analysis and debate with inputs from the socio-economic
and natural sciences.
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| 4. Scholarship Fund |
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The Postgraduate Scholarship
Program grants partial funding to students of the CPEC to
prepare their theses. A requirement for this scholarship
states that candidates must be able to provide their own
partial contribution.
Since the re-structuring
of the Fund in 2004, 11 degree projects have been approved
and 4 students of course V and VI obtained their degree.
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