SMDF Presents Audited 2020 Annual Report to PM Jacobs
July 3, 2021 6:01 pm
PHILIPSBURG -– The St. Maarten Development Fund (SMDF) closed out the month of June by presenting its Audited Annual Report and Financial Statements for 2020 to the Government of Sint Maarten via Minister of General Affairs and Prime Minister Silveria Jacobs.
As a self-governing organization that receives funds from the Government of Sint Maarten, SMDF submits an Annual Report, including Audited Financial Statements, by June 30th of each year. The audit, conducted by Stichting Overheidsaccountantsbureau (SOAB), provides a detailed overview of SMDF’s internal operations as well as its funding activities to 25 NGOs across five (5) thematic areas, namely organizations working in the areas of Youth Development, Social Care, Senior Care, Poverty Alleviation and Gender Support. Furthermore, the report goes into detail about the management activities conducted in 2020, including the execution of the St. Maarten Stimulus Relief Plan (SSRP) Income and Unemployment Support Programs, the Collective Food Assistance Program, and the Community Spaces Project, amongst other initiatives.
Taking the opportunity to brief the Prime Minister of SMDF’s other projects, Managing Director Makhicia Brooks and Program and Development Manager Melanie Choisy also provided an update on the ongoing COVID-19 response activities.
The 2020 Annual Report is available to the general public for download via SMDF's website www.smdf.sx.
In photo: Minister Silveria Jacobs (center) receives SMDF’s 2020 Audited Annual Report from Managing Director Makhicia Brooks (left) and Program and Development Manager Melanie Choisy (right). (Photo by Breanna Barrie)