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What Special Purpose Funds (“SPF”) will GGMF establish?

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After consultation with the Country Member, GGMF will be willing to establish and capitalize the following Funds, under a master Trust for the Country Member created specifically for the benefit of all the Country Member’s Sovereign Individuals.  

Various sub-trusts managed by a board of trustees that will include both government & private sector appointees will oversee funds allocated to objectives:

  • Diaspora Repatriation Fund
  • Accident & Disability Fund
  • Capital Asset Finance Fund (for banking support)
  • Capital Reserve Fund
  • Child Benefit Fund
  • Disaster Relief & Emergency Aid Fund
  • Education & Upliftment Fund
  • Entrepreneurial Empowerment & Development Fund
  • Health & Social Care Fund
  • Old Age & Retirement Fund
  • Trade Finance Fund (for banking support)
  • Unemployment Fund
  • Widows, Single Parent and Orphan Fund

NOTE: The issue of Gold Units under the Special Purpose Funds is NOT included in the calculation of fifteen percent (15%) Special Adopter allocation payable by the Fund to the Treasury Department of the Country Member.