This is so much bigger than FTX. Plus, most of this money runs through a bank with five felonies. Do you think the sixth felony is probably happening right now? [1]https://www.cfr.org/article/funding-united-nations-what-impact-do-us -contributions-have-un-agencies-and-programs The United States remains the largest donor to the United Nations. In 2020, it contributed more than $11 billion, which accounted for just under one-fifth of funding for the [2]body’s collective budget. That was despite President Donald Trump’s efforts to cut funding as his administration [3]prioritized sovereignty over globalism. His administration argued that the United States incurred disproportionately large costs and that UN programs contradicted the administration’s policy stances. President Joe Biden has affirmed the United Nations’ importance to U.S. foreign policy and increased funding to the organization. How is the United Nations funded? All 193 members of the United Nations are required to make payments to certain parts of the organization as a condition of membership. The amount each member must pay, known as its assessed contribution, varies widely and is determined by a complex formula that factors in gross national income and population. The World This Week A weekly digest of the latest from CFR on the biggest foreign policy stories of the week, featuring briefs, opinions, and explainers. Every Friday. Email Address ____________________________________________________________ Subscribe [4]View all newsletters > These mandatory contributions help fund the United Nations’ regular budget, which covers administrative costs and a few programs, as well as peacekeeping operations. In 2020, the United States paid for 12 percent of the regular budget and 26 percent of the peacekeeping budget. Assessed dues also finance other UN bodies, including the International Atomic Energy Agency and the [5]World Health Organization (WHO). Members may also make voluntary contributions. Many UN organizations, such as the United Nations Children’s Fund (UNICEF), the Office of the United Nations High Commissioner for Refugees (UNHCR), and the World Food Program (WFP), rely mainly on discretionary funding. More From Our Experts [6]James M. Lindsay [7]Ten Most Significant World Events in 2022 [8]Inu Manak [9]Visualizing 2023: Trends to Watch [10]Miles Kahler [11]Global Governance to Combat Illicit Financial Flows Funding the UN: Assessed and Voluntary Contributions References 1. https://www.cfr.org/article/funding-united-nations-what-impact-do-us-contributions-have-un-agencies-and-programs 2. https://unsceb.org/fs-revenue 3. https://news.un.org/en/story/2018/09/1020472 4. https://link.cfr.org/join/66n/signup&hash=2d4c5929e9e04cc42f5cd375fb8dcfb1 5. https://www.cfr.org/backgrounder/world-health-organization 6. https://www.cfr.org/expert/james-m-lindsay 7. https://www.cfr.org/blog/ten-most-significant-world-events-2022 8. https://www.cfr.org/expert/inu-manak 9. https://www.cfr.org/article/visualizing-2023-trends-watch 10. https://www.cfr.org/expert/miles-kahler 11. https://www.cfr.org/report/global-governance-combat-illicit-financial-flows