Tides Canada then disbursed fellowship grants from the two funds. They also disbursed funds as ordered by the courts. Yazid disbursed funds from the treasury and acceded to the Caliph. Federal funds are disbursed quarterly to parties, beginning at the start of 2005. A $500,000 payment had previously been disbursed. Rather, PayPal's funds that have not been disbursed are kept in commercial interest-bearing checking accounts. Those funds are disbursed up to two weeks after the conclusion of a campaign. It disbursed $3.7 million in grants in 2014. In May 2014, the International Monetary Fund disbursed US$3.2 billion to stabilise Ukraine. In 2017, FCEF disbursed $114,484 in scholarship grants. The Institute has disbursed approximately $4m annually in research grants to students and professors. It also imposed and collected taxes and disbursed revenue. Originally the Program disbursed just above 42,000 scholarships for about $70 million. In 2016, for example, the foundation disbursed over $151,000,000 in grants. As of 2015, $1.28 billion USD has been disbursed for 457,100 claimants.