cryptoshi2k21.bitcoin on Nostr: More info on IAF: In 2024, ~45% of spend went to administrative overhead. Only ~55% ...
More info on IAF:
In 2024, ~45% of spend went to administrative overhead. Only ~55% went to the grants, which then have multiple additional layers of overhead.
Other grants which were cancelled during the process of reducing IAF to its statutory minimum:
- $523,000 for avocado marketing in Honduras
- $770,550 for cacao farming in Peru
- $1,509,200 for seed banks in Haiti and the Caribbean
- $630,725 for fruit marketing in Bolivia
- $303,000 for artisanal weaving in Mexico
- $198,280 for agro-tourism in Saint Lucia
In 2024, ~45% of spend went to administrative overhead. Only ~55% went to the grants, which then have multiple additional layers of overhead.
Other grants which were cancelled during the process of reducing IAF to its statutory minimum:
- $523,000 for avocado marketing in Honduras
- $770,550 for cacao farming in Peru
- $1,509,200 for seed banks in Haiti and the Caribbean
- $630,725 for fruit marketing in Bolivia
- $303,000 for artisanal weaving in Mexico
- $198,280 for agro-tourism in Saint Lucia