Yeah, the Fund balances are updated when the entries for the grants are entered into our accounting system (typically at the time that the grants are paid out). Because it can take a while to source all the relevant information from recipients (bank details etc), this doesn’t always happen immediately. Unfortunately this means that there’s always going to be some potential for drift here, though (absent accounting corrections like that applicable to the Global Development Fund) this should resolve itself within ~ a month. The November balances included ~ half of the payments made from the Animal Welfare and Meta Funds from their respective November grant rounds.
Yeah, the Fund balances are updated when the entries for the grants are entered into our accounting system (typically at the time that the grants are paid out). Because it can take a while to source all the relevant information from recipients (bank details etc), this doesn’t always happen immediately. Unfortunately this means that there’s always going to be some potential for drift here, though (absent accounting corrections like that applicable to the Global Development Fund) this should resolve itself within ~ a month. The November balances included ~ half of the payments made from the Animal Welfare and Meta Funds from their respective November grant rounds.
OK, thanks for explaining how this works!