Trust Fund Committee Approves Fiscal Year 2027 Individual Support Distribution and Extraordinary Needs Distributions and Conducts Other Trust Fund Business

WASHINGTON, D.C. (September 2, 2026)– The Trust Fund Committee of the Trust Fund for the People of the Republic of the Marshall Islands (the Trust Fund) conducted its Fiscal Year 2026 (FY 2026) fourth quarter meeting on August 27 in Washington DC and August 28 in Majuro, Republic of the Marshall Islands. The Committee approved the fiscal year 2027 (FY 2027) distributions to the Government of the Republic of the Marshall Islands (GRMI) according to the 2023 Compact of Free Association, as Amended, and conducted other Trust Fund business.

For the last month reported prior to the meeting (as of July 31), the total Trust Fund had a net asset value of $1,767,753,342. For the fiscal year-to-date (October 1, 2025-July 31, 2026), the Fund had a net gain of 13.27%, net of fees (benchmark 12.06%). Since inception, the Fund has had an average annual rate of return of 7.50%, net of fees (benchmark 7.82%). As of the end of July, Account 1 had a net asset value of $1,026,554,542. Account 2 had a net asset value of $741,198,800.

The Committee approved distributions under Article 17 of the 2023 Amended Compact’s Trust Fund Agreement regarding Individual Support Distribution (ISD) from Account 1 and under Article 18 Extraordinary Needs Distribution (END) from Account 2.

For the ISD, the amount of $32,500,000 was approved with $32,000,000 to be distributed to RMI citizens residing the Republic of the Marshall Islands in quarterly payments, $300,000 for administrative costs of the Marshall Islands Social Security Administration and GRMI’s Ministry of Foreign Affairs and Trade’s Division of Immigration to administer and distribute the individual support distributions in FY 2027, and $200,000 for annual audit costs.

For the END, the total amount of $29,998,672 was approved for funding of extraordinary needs and projects in the atolls and islands designated in Article 18(2) of the Agreement to include Ailuk, Aur, Bikini, Enewetak, Ujelang, Likiep, Lib, Mejit, Rongelap, Rongerik, Wotje, Wotho and Utrok. The Committee agreed that specific conditions would be met prior to the release of disbursements for some programs. The distributions to the END communities are administered by the Monitoring and Evaluation Unit of the GRMI’s Ministry of Finance, Banking and Postal Services.

“As we enter a new fiscal year, the Committee remains deeply committed to ensuring that Trust Fund resources are managed with integrity, transparency, and a long‑term vision for the prosperity of the Marshallese people,” said Trust Fund Committee Chair Angel A. Demapan. “The decisions made this quarter reflect not only careful stewardship, but our shared responsibility to support communities across the RMI in meaningful and measurable ways.”

In other business, the Committee approved resolutions to assist operations for FY 2027 to include: approval of the FY 2027 investment and administrative budget and a service agreement with Bookminders, the Fund’s accounting service provider.

The next quarterly meeting is scheduled for December 2026.

 For more information on the Trust Fund, please visit the official website at https://rmicfatf.com/.

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