Section describes how the GDIN Fund operates, including
the scope of its objectives and organizational features.
Fund is a charitable endowment for humanitarian
purposes. The fundamental concept is to raise financial support
from private sector entities, with possible contribution from
public sources, for the purposes outlined in the Mission paragraph
Fund is an integral part of GDIN corporation and thus is
operated under US Federal Tax law.
Fund seeks to reduce disaster costs through the maintenance
of certain core functions of the GDIN, and the sponsorship
of GDIN projects that focus on the value of new and emerging
technologies to the international disaster community.
of the GDIN Fund is to support the GDIN corporation generally,
and to identify, assess, and disseminate knowledge about new
and emerging technologies of vital importance to disaster
mitigation, preparation, response, and recovery, and to allow
the international community to systematically and rapidly
take advantage of loss reducing and life saving tools.
Projects Supported by the GDIN Fund
GDIN Fund is geared toward sponsoring activity-based projects
with reportable results. The role of technology to disaster
management is so pervasive that there are numerous ways in
which information about technology can assist disaster managers,
as well as numerous ways technology developers, service providers,
and users can beneficially interact. The GDIN Fund's project
focus is on technology testing and evaluation through applied
Fund's Project Program will initially support two areas of
activities. Additional activities may be introduced in the
conduct of formal exercises to demonstrate the capabilities
of new technologies in the context of real or simulated
events. The purpose of technology demonstrations is to
measure the value of a particular technology to some aspect
of disaster management, and to report the findings to
the international disaster management community.
Technology Roadmap of Requirements vs. Capabilities
those technology advances that are most responsive to
pressing disaster management needs. A disaster management
technology roadmap will be developed and regularly updated
that will prioritize user requirements and match them
against existing and emerging technology solutions.
roadmap will serve three purposes. First, it will reveal
and prioritize inadequacies in disaster management practices
which could be addressed by technology solutions. (Various
roadmaps will have to be developed to address the conditions
in specific regions of the world). Second, it will inform
technology developers where there are user requirements
for which new products and services are most keenly needed.
Third, it will instruct the GDIN Fund as to its own "investment
strategy" in future projects.