1. Trust Funds Take-away and Contact
Louisa Huang
POV ACS Learning
Washington DC, July 2017

2. Who is the speaker
Louisa Huang, Regional Trust Fund Coordinator, Development Effectiveness Unit , EAP

3. What we will cover
TF Overview
TF Monitoring

4. …. plus anything else that might be of interest to you

5. What is a Trust Fund?

6. Think, if it is enough

7. A trust fund (TF) is a financing arrangement established with contributions from one or more external development partner(s)/partners, and in some cases, from the World Bank Group, to support development-related activities. The World Bank's policy and procedures on trust funds is set out in OP/BP

8. Monitoring and Reporting
Trust Funds Cycle
Planning
Establishment
Evaluation
Implementation
Monitoring and Reporting
Closing

9. Process Trustee Fund Donor A Donor B Administration Agreement
SFP/FIN Discussion
TFP
Grant Agreement between Bank and Recipient
WBS element
PE-P LEN-TF987654
Donor A
Donor B
Administration Agreement
between Donors and Bank
Bank Executed Grant
Recipient Executed Grant
Trustee Fund
GFR
GFR

10. Trust Fund Hierarchy Trustee Grant TRUSTEE WINDOW Window GRANT
Freestanding or Programmatic
Single or Multi Donor
Activated by Agreement between Donor and Bank
Does not disburse directly to project
Managed by Program Manager
Window
WINDOW
Pass through code for grant funds.
GRANT
Disbursing fund
Bank executed or Recipient executed
Recipient executed activated by Grant Agreement between Bank and Recipient
Bank executed activated by WBS
Managed by Project TTL
Grant

11. Do you know who is the largest donor to the (IBRD/IDA) trust funds?

12. From FY09 to present the United Kingdom has been the largest donor to IBRD/IDA TFs

13. Many TF Programs are our proxy “internal donors”, such as

14. Do you know the size of trust fund portfolio in EAP?

15. EAP TF Portfolio Overview
Similar pattern as last year
EAP TF Portfolio Overview
Trustee portfolio. As of end June 2016, EAP trustee portfolio stood at $1.7 billion in pledge through 62 accounts (59% of which mapped to EAP).
Development Partner. Australia, United States, EC, Netherlands and United Kingdom were the top 5 donors.
Grant portfolio. Grant portfolio totaled $2.2 billion through 794 disbursing accounts, mostly managed by GP.
Results Focus. Environment, Energy, Urban, Social development, and Education were among the top 10 areas of TF usage.
Recipient Country. Indonesia, Pacific Islands and Southeast Asia were among the top 3 recipient EAP countries.

16. How many types of grants are there?

17. Bank Executed (BETF) Recipient Executed (RETF) Bank Executed on behalf of the Recipient (BEBR)

18. Important Note BETF = BB RETF = IBRD/IDA
What operational policies apply in TF financed activities?
BETF = BB
RETF = IBRD/IDA

19. RETF and IBRD/IDA IBRD+IDA+RETF FY12 7,055 6.1% FY13 6,815 8.3% FY14
Year
Total
% RETF
FY12
7,055
6.1%
FY13
6,815
8.3%
FY14
6,707
5.9%
FY15
6,666
4.9%
FY16
7,811
4.0%
Amounts in mln$

20. BETF and BB
BB+
BETF
BETF contribution to operational budget for lending, supervision, ASA etc. remains constant around 45% and above corporate average.
Amounts in mln$

21. TF Operating Environment
OP/BP Trust Funds
Trust Fund Handbook

22. TF Central Units (IG&A)
DFi
LEG
BPS
WFA

23. Money Coming in vs. Money Going out
From Donor to WB
Facility
TFP, AA, CoF
Annual Report
GFR, GA, ISR/GRM, LOR….
Project/ ASA
From WB to Recipient

24. 10 Things You Must Know about Trust Funds
Bring the Money In…
Get the Money Out…
Policy: The Bank advocates transparent and strategic fundraising with direction and oversight from management.
Acceptance criteria: consistency with Bank’s mandate/comparative advantages, strategic alignment, risk management, good governance, untied funding, and efficiency in size and full cost recovery
Country Director normally chairs internal review /decision for new TF initiatives for his/her country(ies)
Fees: The Bank charges 5% admin fee on RETF
Document: TTL prepares the Trust Fund Proposal (TFP), which is cleared by all internal partners (DFi, LEG, TACT). The Bank signs Administration Agreement (AA) with donor based on approved TFP and brings in money through call of funds (CoF)
Once the money is received by the Bank, the type of activities financed by a TF determines the applicable quality assurance process: Recipient’s work (RETF) = IBRD/IDA; Bank’s work (BETF) = BB
For RETFs, include discussion on the planned donor funding in PCN and PAD if it intends to co-finance IBRD/IDA projects. For stand-alone RE, follow IPF or small grant procedures
Document: GFR, GA, LOR, ISR/GRM, Annual Report
Keep donor update on results and fund usage. Use disclosable ISR, annual report and unaudited financial report in donor’s portal for this purpose but no other deliberative
Some donors have own fiscal year, specific condition on payment, visibility and audit requirements. Check with management and your TFC before accepting the contribution!

25. Resources OP/BP 14.40, Trust Funds Trust Fund Handbook
IPF Instructions
AMS 15.01
TF on-line Learning & Accreditation
TF Hotline: x38510
“AskBudget”; “TACT”
DFi Client Officers and Regional TF Coordinators

26. Path to Useful Reports Individual TF ; Exception Monitoring
Type “myTF”: (require passkey)
TF Country Report, VPU/GP Dashboard
Type “reports”: trust funds (standard report)
Operations dashboard
Type “taskteam” (as TTL) or “PM” (as practice manager)
Donor Report
Type “clientconnection”, Select “DPC”
TF analytical report in BI :
Type “BI” : bireporting – analytics – trust fund analytics (AO as interface for customization)

27. Annex 1. DFI Client Officers
Atfah Dad
GSURR Social, Urban, rural & Resilience (GP)
GFADR Agriculture (GP)
ECA
Eka Putra
GEEDR Energy &Extractives (GP)
GWADR Water (GP)
GTIDR Transport & ICT (GP)
GCPDR Public Private Partnerships (CCSA)*
SAR
MIGA
TRE
Ferdinand Vinuya
GFMDR Finance &Markets (GP)
GTCDR Trade &Competitiveness (GP)
GGODR Governance (GP)
GPVDR Poverty (GP)
GMFDR Macroeconomics and Fiscal Management (GP)
MNA
GOKMU DEC
Gulnara Febres
GCGDR Gender (CCSA)
GCFDR Fragility, Conflict & Violence (CCSA)
EAP
LCR
OPCS
GEDDR Education (GP)
 GOKMU (Global Operations & Knowledge Management)
Sabina Djutovic-Alivodic
GSPDR Social Protection & Labor (GP) GCJDR Jobs (CCSA)*
GHNDR Health, Nutrition & Population (GP)
AFR
ECR
IEG
Valery Ciancio
GENDR Environment & Natural Resources (GP)
GCCVP Climate Change (CCSA)*
DFI
LEG
Annex 1. DFI Client Officers

28. Trust Fund Coordinators
UPI
Name
Title
 Unit
GP/CCSA/Region
150684
Irina Gabrial
Operations Officer
SARDE
South Asia (SAR)
50138
Jerry A. Lebo
Senior Operations Officer
ECADE
Europe & Central Asia (ECA)
85797
Xiuru Huang (Louisa)
EAPDE
East Asia & Pacific (EAP)
21254
Nancy Tee Lim
Program Officer
DECDP
Development Economics (DEC)
81644
Tatyana V. Klimova
GFMDR
Finance & Markets
178137
Uma G. Mathur
Operations Analyst
AFRDE
Africa (AFR)
21975
Amy Champion
GHNP
Health, Nutrition & Population 
193194
Inas J. Ellaham
GSPGL
Social Protection & Labor Global