Cross-links: Governance & Ethics Policy (Section 6), Institutional Architecture Explainer
The Ilaje Development Council (IDC) is funded through a limited set of transparent, policy-defined mechanisms designed to sustain its governance, coordination, and oversight functions without creating conflicts of interest. IDC does not execute projects, hold equity, receive commissions, or participate in commercial returns. All permitted revenue sources are structured on a cost-recovery basis and governed by formal rules on disclosure, independence, and non-interference. This funding model is designed to preserve institutional legitimacy, investor confidence, and regulatory credibility.
IDC’s funding model is built on five non-negotiable principles embedded in its Governance & Ethics Policy:
1. Non-Profit Orientation
IDC exists as a non-profit, non-political development institution. Revenue is used solely to sustain institutional capacity, governance functions, and administrative operations.
2. Cost-Recovery, Not Rent-Seeking
Fees are structured to recover defined institutional costs, not to extract value from projects or investors.
3. No Commercial Participation
IDC does not take equity, profit shares, success fees, commissions, or carried interest in any project or investment vehicle.
4. Structural Independence
Funding mechanisms must not compromise IDC’s independence from commercial execution entities, political actors, or private interests.
5. Transparency and Disclosure
All permitted revenue categories are disclosed, documented, and subject to internal and external oversight.
These principles apply uniformly across all IDC activities, partnerships, and engagements.
IDC’s funding structure is directly linked to its institutional role.
IDC is responsible for:
IDC is not responsible for:
As a result, IDC’s funding supports governance and coordination functions only, not project delivery or investment performance.
IDC may receive funding from the following sources, as defined and constrained by policy.
3.1 Governance Structuring Fees
IDC may charge fixed, pre-defined fees for institutional and governance-related work, including:
These fees:
3.2 Institutional Coordination Fees
Where IDC is formally requested to coordinate complex, multi-party development initiatives, it may recover costs associated with:
Coordination fees are:
3.3 Grants and Development Support
IDC may receive grants or institutional support from:
Grant funding must:
Grant conditions are reviewed to ensure compliance with IDC governance standards.
3.4 Sponsorships and Institutional Partnerships
Limited sponsorships or partnerships may be accepted for:
Such arrangements:
To protect credibility and avoid conflicts of interest, IDC explicitly prohibits the following practices:
These prohibitions apply regardless of scale, opportunity, or external pressure.
IDC operates within a separate institutional system.
IDC’s funding is therefore not dependent on the commercial success of projects it endorses.
All fees charged by IDC are subject to internal governance controls, including:
Fee structures are designed to be:
IDC’s funding practices are subject to multiple layers of oversight:
Any breach of funding rules is treated as a governance violation under the Governance & Ethics Policy.
This funding structure is designed to ensure that:
IDC’s legitimacy rests on its ability to operate without financial entanglement in execution.
Canonical Summary
The Ilaje Development Council is funded through transparent, policy-defined, cost-recovery mechanisms that support governance and coordination functions only. IDC does not participate in commercial execution, investment returns, or profit-sharing. This funding model is designed to preserve institutional independence, reduce investment risk, and maintain public trust.