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IVSC Sponsors & Funding |
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THE INTERNATIONAL VALUATION STANDARDS BOARDS |
SPONSORS & FUNDINGOne of the major responsibilities for the Board of Trustees, in addition to the oversight of the work of the IVSC and its two boards, is securing the necessary resources to operate the organisation. The current funding of the IVSC comes from three sources: subscriptions, revenue from sales of the International Valuation Standards and, crucially, sponsorship. The Restructuring Proposal envisaged that the IVSC would be supported mainly by private contributions in its first three years. The budget of the IVSC is largely determined by the need to pay salaries to attract qualified staff, particularly technical staff, and the heavy travel costs of an organisation that must regularly consult with constituents around the globe. A fully developed funding programme has yet to be put in place, but already a number of organisations have endorsed the effort to restructure the IVSC and provided financial assistance. Current sponsors will be announced shortly. Any organisation wishing to support the development of international valuation standards and join the growing list of IVSC sponsors that includes major players from the global financial, valuation and business world, is invited to contact the IVSC Executive Director for further details. page updated 17-Nov-2008 |
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