About the COVID-19 National Trust Fund
The Parliament of Ghana passed the Novel Coronavirus (COVID-19) National Trust Fund Act, 2020 (Act 1013) on Thursday March 27, 2020. The Fund was set up to receive and manage contributions and donations from well-meaning individuals, groups and corporate bodies to support the fight against the COVID-19 pandemic.
Objects of the COVID-19 National Trust Fund
- To complement the efforts of Government to combat the COVID-19 pandemic, by providing an avenue for well-meaning individuals, groups and corporate bodies to contribute or donate moneys and resources that may be required to combat COVID-19; and
- To receive any other moneys or resources contributed or donated to combat COVID-19.
Sources of Moneys and Resources for the Fund
- donations, gifts or any other voluntary contribution to the Fund.
- moneys or resources that may become lawfully payable to the Fund; and
- any other moneys or resources that the Board in consultation with the Minister responsible for Finance may determine.
Functions Of The Board
The functions of the Board of Trustees are outlined in Section 7 of the Act as follows;
The Board is responsible for the management of the Fund. This requires the Board to
- monitor and evaluate the operations and performance of the Fund
- ensure accountability of the Fund by defining appropriate procedures for the management of the Fund
- subject to the Public Financial Management Act, 2016 (Act 921), invest moneys of the Fund that are not required for immediate use in safe securities that are financially beneficial to the Fund
- prepare guidelines, with the approval of the Minister, for the disbursement of the moneys from the Fund
- perform any other functions incidental to the achievement of the objects of the Fund.
Functions of The Administrator
The Administrator of the Fund performs the following functions as provided by the Act:
- is responsible for the day-to-day administration of the Fund;
- is responsible for ensuring the implementation of the decisions of the Board;
- is answerable to the Board for the performance of the functions under the Act; and
- shall perform any other functions assigned by the Board.
The Board of Trustees and the Administrator and Secretary to the Board were sworn into office on 8th April, 2020 by His Excellency the President Nana Addo-Dankwa Akufo-Addo. On the same day the Board held its inaugural meeting and commenced operations.
The Board manages the receipt of cash/cheque donations and other contributions such as personal protective equipment (PPE), food and non-food items from Individuals, Churches, Corporate Bodies, Staff of various institutions and Non-Governmental Organizations, and Old Students Associations, among others.
Since it began its operations, the Fund has distributed medical items and PPE to the Ghana Health Service, the COVID-19 Care Management Centre and to selected Health Institutions to support the fight against the COVID-19 pandemic.
The Fund has also donated food items and PPE to the aged, vulnerable and needy persons to mitigate the effect of the pandemic. The beneficiaries included five (5) Residential Homes and Shelters and the charity Help Age, Ghana.
The Fund donated ten (10) saloon cars and two (2) pick-up vehicles it received from benefactors to selected COVID-19 Treatment Centres and Laboratories to enhance surveillance, testing, contact tracing, management of COVID-19 cases and related activities in the affected areas.
The Fund continues to receive generous donations; at the same time it continues to work assiduously to meet many spontaneous requests from the public and also explore different avenues to shoulder fully the responsibilities assigned to it under its mandate.
Inauguration of the Board of Trustees
The Board of Trustees of the Trust Fund was inaugurated by H.E. President Nana Addo-Dankwa Akufo-Addo on 29th March, 2020 in the wake of the COVID-19 pandemic to mobilise resources, both financial and material, from individuals and corporate entities and disburse them to alleviate the negative impact of the pandemic in Ghana, complementing the efforts of Government.
The Minister of State in charge of the State Interests and Governance Authority (SIGA), Dr Kwaku Afriyie is the Minister responsible for the Trust Fund.