Asset Management Committee - Bhutan Trust Fund for Environmental Conservation

Asset MC


Choiten Wangchuk Treasurer of the Board Director of National Budget	Singye Dorji Member Secretary Finance Officer, Bhutan Trust Fund

Karma Yonten C.E.O. Druk Holdings & Investments	Douglas F. Schofield (PhD) Sr. Advisor & Professor

Sayden Head of PPD, National Pension Funds	Dechen Pelzom Senior Foreign Exchange Officer Royal Monetary Authority

At a Glance, as of 1st Qtr'11

Assets: $44 m
Capitalization, '92-'96 : $21m
Revenue, '96-'10: $29.30m
Total expenditure: $11.13m
Overhead: $1.33 million

Grant making since July'93

Grants approved: 109
Grants requested: 200
Range of grants: $1,301 to $1.6m
Single grant ceiling: $300,000
Ongoing grants: 20

Committed funds up to Jul 2013:$2.65m

Annual Project Implementation by Program Focus

Research: 5
Education/Awareness: 2
Rural communities: 5
Broad environment: 5
Economic Development: 1
Integrated Water Resource Mgmt 1
Climate Change 1

Grant making capacity

Ex-officio board members: 6
Independent board members: None
Frequency of meetings: 2 statutory, per annum
Full time staff: 10
Beneficiary capacity: 30 graduates trained in govt.

Asset MC

For Grant Seekers

Strategic Funding Objectives

At a Glance, as of 1st Qtr'11

Important Links