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Foundation Charter

The Foundation is governed by a Charter, similar in many respect to the Articles of Association of a corporation. This document is available on request but in summary;

  • We have up to seven directors and Board membership is voluntary, with no salaries or expenses being paid to Board members.

  • The Board meets at least once per calendar quarter.

  • Reporting to the Board are four Committees with specific roles as described in the Our Committees page.

  • Board Committee Chairpersons shall present their reports to the Board at each meeting.

  • All Board members have one vote and the President has a casting vote in case of dead lock.

  • All board and committee member position are voluntary without any financial compensation.

  • In the event student funds are not fully utilised due to drop-outs or any other reason, the  non-utilised funds shall be put into an account for distribution to other students in need. 

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