APPROVED FUNDING FOR A DEVELOPMENT GRANT (TO BEGIN NEXT FISCAL YEAR) FOR THE YFU ORGANIZATION IN SOUTH AFRICA TO UNDERTAKE PROGRAMMING AND TO DEVELOP YFU IN NAMIBIA. APPROVED FUNDING FOR A DEVELOPMENT LOAN, AS WELL AS A REPAYMENT PLAN TO RE-START THE YFU ORGANIZATION IN MEXICO. COLLECTED AND ADDED TO THE FUND, APPROXIMATELY $164,000 IN NEW FEES FUTURE CONTINGENCY AND DEVELOPMENT LOANS AND/OR GRANTS.