Bhutan Trust Fund for Environmental

“After completion of filling up the forms along with relevant schedules, the whole set of document is circulated through email to all the members of the management board and relevant staff for their inputs in completing the forms. Comments, if any, received are incorporated and then submitted to the irs.”

“Request for proposals are announced once every year through mass media, television and radios. Proposals are received are submitted to the eight-member technical advisory panel( tap) representing cross-sectoral expertise for further review and screening.tap recommended proposals with aggregate points 70 and above are submitted to the management board (the governing body) for approval. The board deliberates on the tap recommended proposals and approves through consensus. If no consensus is reached the proposals are returned to proponents. Low scoring proposals are also submitted to the board with proper justifications.”

“Audited annual financial statements are made publicly available by uploading on our website. Regarding the declaration of conflict of interest, the policy and the coi declaration form are in place where all the members of the management board and sub-committees are required to declare their coi in every meeting. The coi policy is readily available for public reference on demand, but it is not available on our website for now.”

“List of board members with residential addresses: (i) dasho kesang wangdi, chariman of the board, jungshina, thimphu bhutan (ii) dr. Damber singh kharka, board member, motithang, thimphu bhutan (iii) mr. Tshering dorji, board member, kawangjangsa , thimphu bhutan (iv) dr. Sonam phuntsho, board member, charkilo, thimphu bhutan (v) mr. Passang tshering, board member, babena, thimphu bhutan (vi) mr. Dechen dorji, board member, wwf- us”

“Kesang wangdi - jungshina, thimphu, bhutan. Dr. Sonam phuntsho - chariklo, thimphu, bhutan. Tshering dorji - kawangjangsa, thimphu, bhutan. Dr. Damber singh kharka - motithang, thimphu, bhutan. Passang tshering - babena, thimphu, bhutan. Dechen dorji - (wwf) 1250 24th street, n.w. , washington, dc 20037.”

“Article ii of the royal charter 1996 is reproduced "the purpose of the charter is to govern the management of the trust fund investments and field programmes for the promotion of the social welfare through environmental conservation of forests, flora, fauna, diverse ecosystem and biodiversity in bhutan".”

“Other expenses round up/(down) $ 1.”

“Total assets round up/(off) $ (1).”

“No figure has beeen mentioned under line 7: investment expenses as part xi line 2:total expenses is inclusive of investment expenses amounting to $ 308,395.”

“(i) value of capital contribution received from the royal government of bhutan (rgob) for establishment of "farmers' crop and livestock insurance scheme under human wildlife conflict management" increased by $6,464 from previous year due to exchange rate traslation. (ii) gain on exchange rate translation from local currency( btn) to us $ at the end of the fiscal year by $139,584. (iii) round up/(off) $ (1).”