Funding Node - GN3 Nodal Profile

Name of Node: - Funding Node

The Funding Node was formally established in Summer, 2002 to help build the network by financing travel for members to important international meetings, by supporting further development of GlobeNet3’s website and by advising nodes on their own grassroots project funding.

Number of members - 8

The node’s 8 volunteer members are from Norway, Sweden and the US – some are ad hoc members by virtue of their service on the recently formed Funding Mandate Group.

Purpose of Funding Node

To develop and coordinate financial support and advice for GlobeNet3’s Secretariat, its annual meeting(s), its network-wide common projects and its geographic nodes.

Main Activities

  1. Coordinate yearly fund-raising activities with nodes and GlobeNet3-affiliated charitable entities

  2. receiving gifts

  3. Manage relationships with financial institutions who can receive and disburse money to GlobeNet3

  4. nodes that are affiliated with charitable institutions in their countries

  5. Initiate and develop relationships with GlobeNet3 friends who can donate funds or in-kind services

  6. Advise nodes on fundraising questions

  7. Establish and work under financial policies based on global best practices

Authority

Funding is a functional node under the authority of GlobeNet3’s governing body, the Working Group (WG).  The WG’s nodal representatives take recommendations from Funding on financial questions, make decisions and set directions for action by Funding.

Contact info:

The Funding Node may be contacted through the Secretariat at GN3’s website via: info@globenet3.org.

 
 
 
 

GlobeNet3 Global Secretariat
Unit 718 CityLand MegaPlaza
Ortigas, Pasig City, PHILIPPINES
Tel: +63-2-687-7481
Telefax: +63-2-687-7482

info@globenet3.org