Disbursements in
Latin America
The following charts indicate AVINA’s total disbursements since 1994 and the distribution
by country in 2010:
Cumulative Investment
Investments in 2010
Fundación AVINA’s Funding Sources
VIVA Trust is the primary source of funds administered by Fundación AVINA. Since 2008, AVINA has also formed a series of co-investment alliances with other philanthropic organizations in order to increase the quantity and quality of resources available for the strategies that AVINA promotes with its allies in Latin America.
In 2009, Fundación AVINA created a strategic alliance with AVINA Americas, an independent organization based in Washington, DC, in order to give visibility in the United States to the causes that both organizations support in Latin America. This close relationship allows us to consolidate our organizations’ overall numbers under International Financial Reporting Standards (IFRS) to present a complete picture of our activities. These consolidated financial statements, audited by PwC are available for those interested.
Most of the resources we mobilize for the region go directly to the organizations of our allies in Latin America. In specific cases, Fundación AVINA or AVINA Americas receives and administers funds from co-investors when this role represents a service to our allies as well as our fellow investors. The following table illustrates the sources of funds administered by AVINA in 2010:
| SOURCE | VALUE IN USD |
| VIVA Trust | 20,050,000 |
| Bill & Melinda Gates Foundation | 1,666,667 |
| OIM - Chile | 635,061 |
| Skoll Foundation | 1,090,000 |
| FOMIN | 79,090 |
| Coca Cola Foundation | 640,000 |
| ICCO | 136,678 |
| Acqua Fund | 128,589 |
| Climate and Land Use Alliance | 132,000 |
| Other sources | 173,977 |
| Total | 24,732,062 |
Investments in Latin America since 1994
| Country | TOTALS | 2010 |
| Argentina | 26,789 | 501 |
| Bolivia | 6,750 | 498 |
| Brazil | 38,323 | 3,398 |
| Chile | 19,328 | 1,527 |
| Colombia | 2,777 | 572 |
| Ecuador | 4,784 | 374 |
| Central American Countries and Mexico | 12,790 | 233 |
| Paraguay | 17,620 | 275 |
| Peru | 13,417 | 413 |
| Uruguay | 1,271 | 116 |
| Venezuela | 1,036 | 80 |
| More than one country | 198,245 | 4,230 |
| Total | 343,130 | 12,217 |
Values in thousands of US dollars.
The table and charts reflect the cumulative total investment in each country when the investment was directed at a single country. In the cases where an investment by AVINA was directed at two or more countries, it has been classified as “More than one country.”