4. As of May 31, 2010 (the date of the latest quar- terly Trustee Report), cumulative net funding deci- sions taken by the Council and the CEO amounted to $135 million, of which $120 million was for projects and project preparation activities, $12 mil- lion was for fees, and $3 million was for administra- tive expenses and corporate activities of the LDCF.
4. As of May 31, 2010 (the date of the latest quar- terly Trustee Report), cumulative net funding deci- sions taken by the Council and the CEO amounted to $135 million, of which $120 million was for projects and project preparation activities, $12 mil- lion was for fees, and $3 million was for administra- tive expenses and corporate activities of the LDCF.