A/HRC/4/66 page 4 The Secretariat is currently developing a web-based tool to strengthen the management of the Fund through improved administrative and management processes and enhanced assistance and monitoring of the work of grantees. The tool includes an online application, which would allow organizations to submit their funding requests, as well as an online reporting module for grantees to inform about the use of grants. 7. The application module has been designed and sent for testing to a group of selected grantees both from technically developed and less technically developed countries. The feedback obtained from this testing exercise will be used to fine-tune the functionalities of the module. The results will then be presented to the Board of Trustees at its twenty-sixth session. II. FINANCIAL SITUATION A. Contributions received 8. The following contributions were recorded since the publication of the report of the Secretary-General to the General Assembly in July 2006. List of contributions received since July 2006 Donors Austria Canada Chile Greece Holy See Israel Kuwait Liechtenstein Morocco The Netherlands Republic of Korea Spain Venezuela (Bolivarian Republic of) Total Contribution No. 23 24 15 23 9 10 1 18 5 26 12 23 5 Amount (in United States dollars) 82 076 52 798 10 000 26 350 1 000 5 000 10 000 8 130 3 000 1 025 641 10 000 383 540 10 000 Date recorded 8 September 2006 9 November 2006 28 July 2006 7 December 2006 22 August 2006 2 November 2006 15 September 2006 15 September 2006 23 October 2006 19 September 2006 6 October 2006 9 October 2006 13 October 2006 1 617 535 B. Estimated needs for 2008 9. At its twenty-fifth session, the Board allocated grants for an 18-month period from July 2006 to December 2007, hence completing the change in the funding cycle which will allow grantees to receive funding in January 2008 for the year 2008. On the basis of the requests received for 2006, it is expected that approximately US$ 12 million will be requested for 2008.