RMI commits $415,000 to the Challenge Endowment

March 15, 2012, Tumon, Guam.

The Challenge Endowment got some serious funding at the 17th Micronesian Chief Executive Summit held in Guam. The Republic of the Marshall Islands presented a check to the Micronesia Conservation Trust for RMI's endowment, completing their orginal $2M committment from 2006.  In response, Conservation International presented a check for $350,000, an initial payment toward their 2006 $1M pledge to the RMI's endowment. 

TOP PHOTO: Tony DeBrum (l), the Minister in Assistance to the RMI President, and Michael Donoghue (r), Executive Director, Pacific Islands Programme, Conservation International happily deliver at the handover presentation during the 17th Micronesian Chief Executive Summit.   BOTTOM PHOTO: MCT Director, Willy Kostka, and Tony DeBrum.