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Development
Fund Revolving Accounts
The
financial cooperation in projects described in this report are
managed through CoCoDA's Development Fund. A
committee made up of CoCoDA Board and staff evaluate all project
proposals prior to disbursing funds to a project and, once approved,
written project agreements are established with the associate
organization that will be managing the project in El Salvador.
CoCoDA
has five Guiding Principles of Development which help us identify
the types of projects we want to support:
local,
democratic participation
community
organizing
self-development
cultural
expression and identity
economic,
social and ecological sustainability
Most funding for CoCoDA cooperation in projects comes from
community-based groups, organizations, individuals in the United States. To help manage commitments to projects
and cash flow calendars, the Development Fund has a series of Revolving Accounts
(one per program area) which help to back up commitments to projects and make
sure that fund raising delays in the U.S. do not impede project implementation
in El Salvador. We want to extend
a special "thank you" to those groups and individuals who have contributed to
our Development Fund revolving accounts, which make possible our effective cooperation
in all projects:
Portage Area Coalition for Sanctuary (OH); Sally Yudelman;
Jenny Browne & Scott Campbell (wedding guests in their
honor); St. Paul Catholic Center (Bloomington, IN); River Road
Unitarian Church Latin America Task Network (Bethesda, MD);
Don & Polly Auchter (in honor of CoCoDA staff); Charm Seright
(in honor of Haley Broughton's birthday); Libby Emison (alternative
Christmas gift for family); Michael Snodgrass (alternative
Christmas gift for family); Laura L. & James De Brular
(in honor of Janet Lewis).
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