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OPERATIONAL FUND
 
The total funds needed to pay for the administrative expenses and the programs of FMCSV are comprised of the operational fund.
 
The amount to be transferred from the equity to the operational fund is established by the Board of Trustees annually, when the Board defines the activity schedule of the year and the budget required to execute it. The focus of these investments, therefore, is the short term.
 
The same advice is given with the investment of funds through reports presented at periodic meetings. The financial management of the operational fund follows the principles of transparency - the data is checked annually by major audit firms in Brazil.
RUA FIDÊNCIO RAMOS, 195 cj. 42 - VILA OLÍMPIA - 04551-010 - SÃO PAULO/SP | FMCSV@FMCSV.ORG.BR | 55 11 3330-2888 | 55 11 3079-2888