The Fund for Development of Indigenous Peoples of Latin American and the Caribbean (Indigenous Fund) promotes, orientates, facilitates and coordinates development processes within the framework of Indigenous Peoples´ identities, along with the recognition, respect and full exercise of their rights, cultures and identities.
Founded as a cooperation program of the Ibero-American Community of Nations, through a constitution agreement signed in Madrid, Spain on July 24, 1992 on the occasion of the 2nd. Ibero American Summit, the Indigenous Fund has operates as a Public Law International Organization from its Technical Secretariat located in the city of La Paz, Bolivia since 1993.
One of the fundamental characteristics of this international organization is the peer arrangement of its governmental functions between state and indigenous representatives. Currently, the Indigenous Fund is composed of representatives from 18 Latin American countries and 3 extra – regional members. Cuba and the latter do not have an indigenous representative.
At the last General Membership Meeting held in July in Bogotá, Colombia, a new Governing Council was elected for 2015-2011. Pedro Santiago Posada Arango, a Colombian government representative, was elected as President, and Myrna Cunningham, an emblematic leader of the indigenous women is the first Vice President. The Spanish Delegate, Eva Buendía, was elected Second Vice President. The three of them make up the current Executive Committee.