Diary Prequel Package — page 10

emissaries of any particular state) would form the membership of this board. The Council would fully control all fund decisions, including determining programmatic allocations, operational rules and procedures, policies and strategies, approving financial plans and work programs, and attracting additional donations. In addition, the Council would make the final determination of the list of ?best practice? models the fund would underwrite and the criteria necessary to win approval of letters of intent. The president of the World Bank, the Director General of UNAIDS and the Director General of WHO would be ex officio, non-voting members of the Council. Much like a university endowment, the fund would have a two-tiered financial structure. The "core fund" would comprise a pool of resources that could be support any activity falling within the work program and eligibility criteria approved by the Governing Council (except for limited restrictions by donors). At the same time, however, the fund would permit donors to earmark contributions for use on their particular priorities, as long as they fell within the overall purposes and priorities of the trust fund. Both ?core? and dedicated resources would be combined in each grant in a way transparent to the recipient. Composed of international scientific, medical, public health and development experts, a Scientific and Public Health Review Committee would perform a rigorous technical peer review process to assess the grant applications. Drawn from developing and developed countries and international organizations, with experience in the affected countries, such as UNAIDS and WHO, the Committee will make final decisions about the feasibility and sustainability of proposed programs according to criteria for each ?best practice? model prescribed by the Governing Council. The Committee will also operate under broad guidelines that spell out the recommended ratio of expenditures on prevention, treatment, and research the Council would prefer projects follow. The models we might support could cover primary prevention and education programs up to more sophisticated, comprehensive efforts that could involve basic care and treatment, controlled delivery of antiretroviral therapy, medical training, and clinical trials. Applicants will determine which one of the approved packages would be most appropriate and useful for the local