
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;
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We have up to seven directors and Board membership is voluntary, with no salaries or expenses being paid to Board members.
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The Board meets at least once per calendar quarter.
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Reporting to the Board are four Committees with specific roles as described in the Our Committees page.
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Board Committee Chairpersons shall present their reports to the Board at each meeting.
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All Board members have one vote and the President has a casting vote in case of dead lock.
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All board and committee member position are voluntary without any financial compensation.
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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.