Summary

1. Summary • Our ideal budget for calendar years 2014 and 2015 is $40.6M, broken down as follows: • The main assumptions underlying this budget are (a) 2 Field Directors through 2014, increasing to 3 for 2015, and (b) per-FD capacity similar to previous estimates through October 2014, and then higher as we introduce new management technology and shift to employing parallel census/enrollment/backcheck teams. • Our ideal revenue scenario would see funds for CY 2015 arrive by the end of CY 2014, letting us plan managerial time efficiently and avoid costs of hiring / rehiring field staff • Our priorities for experimentation with transfer funds would include • Expanding current pilot work with ideas42 on optimizing transfers using behavioral economics. • Launching new research on the aggregate impacts of transfers on local economies. • Community-based targeting methods, pending pilot results. • Our domestic team would be tasked with two objectives • Develop new technology for use in the field (e.g. enhanced data capture apps, management information systems, remote sensing algorithms) • Prepare and execute a strategy for entering institutional markets (e.g. executing cash transfers for govts) *Of which $11.7M currently unfunded.