Trump budget to include $100M for Ivanka's women's fund

WASHINGTON (AP) — President Donald Trump's 2020 budget proposal will include $100 million for a global women's fund spearheaded by his daughter Ivanka Trump.

A White House official told The Associated Press that the budget, expected to be released Monday, will include the funding for the Women's Global Development and Prosperity Initiative. The administration last month launched the government-wide project, led by the Republican president's daughter and senior adviser.

The new initiative aims to help 50 million women in the developing world get ahead economically over the next six years. It involves the State Department, the National Security Council and other agencies. And it aims to coordinate current programs and develop new ones to help women in areas such as job training, financial support and legal or regulatory reforms.

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Ivanka Trump, daughter of U.S. President Donald Trump, speaks during the Global Entrepreneurship Summit (GES) in Hyderabad, India November 28, 2017. REUTERS/Cathal McNaughton
HYDERABAD, INDIA - NOVEMBER 28: : (----EDITORIAL USE ONLY MANDATORY CREDIT - ' GOVERNMENT OF INDIA / HANDOUT' - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS----) Indian Prime Minister, Narendra Modi (2 L) and the US President Donald Trump's Advisor, Ivanka Trump (L) visit the Virtual Exhibition at the Global Entrepreneurship Summit-2017, in Hyderabad, India on November 28, 2017. (Photo by Government of India / Handout/Anadolu Agency/Getty Images)
Ivanka Trump, daughter of U.S. President Donald Trump, attends the Global Entrepreneurship Summit (GES) in Hyderabad, India November 28, 2017. REUTERS/Cathal McNaughton
Ivanka Trump, daughter of U.S. President Donald Trump, attends the Global Entrepreneurship Summit (GES) in Hyderabad, India, November 28, 2017. REUTERS/Cathal McNaughton
Advisor to the US President Ivanka Trump (C) speaks during a panel discussion at the Global Entrepreneurship Summmit at the Hyderabad convention centre (HICC) in Hyderabad on November 28, 2017. Ivanka Trump urged India on November 28 to close its yawning gender gap in the job market, telling a business summit in her biggest foreign mission yet that this would bring huge economic benefits. / AFP PHOTO / MONEY SHARMA (Photo credit should read MONEY SHARMA/AFP/Getty Images)
Ivanka Trump, daughter of U.S. President Donald Trump, attends the Global Entrepreneurship Summit (GES) in Hyderabad, India, November 28, 2017. REUTERS/Cathal McNaughton
Ivanka Trump, daughter of U.S. President Donald Trump, speaks during the Global Entrepreneurship Summit (GES) in Hyderabad, India November 28, 2017. REUTERS/Cathal McNaughton
HYDERABAD, INDIA - NOVEMBER 28: : (----EDITORIAL USE ONLY MANDATORY CREDIT - ' GOVERNMENT OF INDIA / HANDOUT' - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS----) Indian Prime Minister, Narendra Modi (L) and the US President Donald Trump's Advisor, Ivanka Trump (R) visit the Virtual Exhibition at the Global Entrepreneurship Summit-2017, in Hyderabad, India on November 28, 2017. (Photo by Government of India / Handout/Anadolu Agency/Getty Images)
Ivanka Trump, daughter of U.S. President Donald Trump, speaks during the Global Entrepreneurship Summit (GES) in Hyderabad, India November 28, 2017. REUTERS/Cathal McNaughton
Ivanka Trump, daughter of U.S. President Donald Trump, speaks during the Global Entrepreneurship Summit (GES) in Hyderabad, India November 28, 2017. REUTERS/Cathal McNaughton
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The official, who sought anonymity to discuss the budget before its release, said the funding will come through the U.S. Agency for International Development, which initially set up a $50 million fund for the effort using already budgeted money. The initiative will be supported by programs across the government, as well as private investment.

Trump has previously sought to cut USAID's budget. His full 2020 plans were not available Friday.

The White House also is expected to announce that the president will nominate Kelley Eckels Currie to serve as an ambassador-at-large for global women's issues. That position, established under President Barack Obama's administration, had been vacant since Trump took office.

Currie currently serves as the representative to the United Nations Economic and Social Council.

Since Ivanka Trump joined her father's administration in early 2017, she has focused on women's economic issues.

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