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Within the Foundation each project, after its presentation, is scrutinized.
The Board of Directors, after receiving counsel from qualifed auxiliary experts, expresses its opinion to the Board of Administrators which, in the case of a positive outcome, oversees the disbursement of funds necessary to cover the absolute minimum starting costs.

It’s evident from this that the breadth of the inquiry undertaken in its evaluations of projects is quite wide, including:

  • its global-mindedness and suitability
  • the response to an effective and concrete need in the country involved
  • a country’s “intervention priority”
  • good diplomatic relations with the country in question
  • assurances that said country is able to guarantee the project’s progress
  • guarantees from and eventual penalization of the entity who asks for or carries out the work if it is not completed or if it’s abandoned after the initial phasela

In order to fulfill its commitments in a timely way and to be able to plan with necessary rigor many of its concomitant operations, a precise plan of action is to always be on hand which indicates the progress of its works, so that at any given moment the Foundation may check up on and verify the status of any one of them.

© CopyRight III Millennio Foundation 2003