What are the priorities for the fund?
Who decides who gets money from the fund?
Will there be regularly scheduled grant application deadlines?
How many people are on the board of directors?
How were the board of directors selected?
For the initial board of directors, one member was selected from each region (west, central, Athabasca and east). The board members have staggered terms, two directors have terms of three years, while the remaining two directors have two year terms. The intention is to build board capacity and avoid a complete turnover of representatives.
How much money are we talking about here, anyway?
Disbursements will be small in the first years as the capital builds within the trust. The Six Rivers Fund has $100,000 available for community projects in 2016. In consultation with northern leaders, Cameco and AREVA have set a goal of $50 million for the trust fund to be achieved in the decades ahead.