Capital Fund for OAS Fellowships, Scholarships and Training Program

Capital Fund for OAS Fellowships, Scholarships, and Training Program

In 1997 the Capital Fund for the OAS Scholarships and Training Program was born of the need to establish a capital fund as one of the mechanisms for financing the Organization's Scholarships and Training Program, and in 2003 the Inter-American Council for Integral Development (CIDI) adopted resolution CIDI/RES. 135 (VIII-O/03) "Approval of the Statutes of the Capital Fund for the OAS Fellowship and Training Program," and modified through resolution CEPCIDI/RES.179 (CLXVII-O/11), approved during the CLXVII regular meeting of CEPCIDI, held on March 10, 2011.

The Fund Statutes establish that its only purpose is to "form and maintain capital for the Organization's Scholarships and Training Program" and its policies must be consistent with the objectives, procedures, and practices of the OAS Scholarships and Training Program to assist in the integral development efforts of the Member States with a view to achieving their integral development goals by developing their human resources in the priority areas established in the Strategic Partnership Plan, in response to the Summits of the Americas and the General Assembly of the Organization.

For its management, the Fund relies on a six-member committee: five member states elected by CEPCIDI and the Executive Secretary for Integral Development. Except for the Executive Secretary for Integral Development, who shall be an ex officio, non-voting member, the members of the Committee shall serve for a period of two years. Committee shall elect its own Chair and Vice Chair at its first annual meeting

Authorities (Elected March 31, 2011)
    Chair:            H.E. Jacinth Lorna Henry-Martin, Ambassador, Permanent Representative of Saint Kitts and Nevis
    Vice-Chair:    Alberto del Castillo, Alternate Representative of Mexico

Members:
    Brazil, Mexico and the United States (Elected by the 167 CEPCIDI Regular Meeting held March 10, 2011)
    Costa Rica and Saint Kitts and Nevis (Elected by the 145 CEPCIDI Regular Meeting held September 4, 2008)

Documents:

CEPCIDI/COFOFEC/doc.11/11: Draft Order of Business: Thursday, March 31, 2011
                                    Español - English

CEPCIDI/COFOFEC/doc.10/10: Investment strategies for the Capital Fund for the OAS Scholarship and Training Programs (Power point presentation by Mr. Alexander Figueroa, Chief for Financial Operations and Analysis Section of the OAS Department of Financial and Administrative Management Services))
                                    English (This document is only available in English)

CEPCIDI/COFOFEC/doc.9/10: Proposal for Investment Policy Framework for the Capital Fund for the OAS Scholarship and Training Programs (Prepared by the Department of Financial Services based on the framework provided by Bank of America/Merrill Lynch)
                                    Español - English

CEPCIDI/COFOFEC/doc.8/10: Financial Report on the Capital Fund for the OAS Scholarship and Training Programs: Statement of Supplementary Appropriations pursuant to Resolution CP/RES. 831 (1342/02) (From Inception, January 7, 2003, to October 31, 2010)
                                    Español - English

CEPCIDI/COFOFEC/doc.7/10: Draft Order of Business: December 15, 2010
                                    Español - English

CEPCIDI/COFOFEC/doc.6/10: Possible Projects for Funding through the Capital Fund for OAS Scholarships and Training Programs
                                    Español - English

CEPCIDI/COFOFEC/doc.5/10 rev. 1: OAS Emergency Human Development, Capacity Building and Scholarship Program for Haiti (Approved on March 5, 2010)
                                    Español - English

CEPCIDI/COFOFEC/doc.4/10: Presentation of the Department of Financial and Administrative Management Services on the OAS Capital Fund for Fellowships, Scholarships and Training Programs (January 7, 2003 - December 31, 2009)
                                    Español - English

CEPCIDI/COFOFEC/doc.3/10: Draft Order of Business: February 26, 2010
                                    Español - English

CEPCIDI/COFOFEC/doc.2/08: Financial Assessment on the Capital Fund for the OAS Scholarship and Training Programs (Document prepared by the Department of Budgetary and Financial Services)
                                    English  (Available only in English)

CEPCIDI/COFOFEC/doc.1/08: Draft Order of Business: November 17, 2008
                                    Español - English

 

Summaries of the Meetings:

CEPCIDI/COFOFEC/SA.2/10: Summary of the meeting held February 26, 2010
                                    Español - English

CEPCIDI/COFOFEC/SA.1/10: Summary of the meeting held November 17, 2008
                                    Español - English