The second model of social funds is a part of a ministry, for example, the Bolivia fund or FOSIS in Chile, which are at the second stage. They have more formal agreements with the ministries, they lay less em- phasis on emergency procurement, and civil service rules are followed more closely. Then there are the larger funds in Colombia, Costa Rica, and Mexico. These are usually large umbrella institutions. They have no autonomy. They are financed from the national budget. They implement or coordinate many social programs with the objective of reaching the poorest
