Future Heritage Fund (FHF) is one of Mongolia’s three SWFs, all sourced from the country’s mineral wealth. FHF is financed with 65% of the royalty payments and dividends related to mining licenses and revenues. It is established as a statutory institution to implement the principles of distributing fairly and equally the revenues from the nonrenewable resources mobilized in the budget to the current and future generations. The fund joined the IFSWF as an associate member in 2019, but little is known of it yet.