Verified badge Telegram Funds in types and structure

Verified badge Telegram  The fund is a kind of piggy bank where anyone can make a contribution. From small donations, an impressive capital is forme, which is spent on good needs.

Each fund has goals that are written in the charter. Let’s list the most common areas of activity.

Helping people who need expensive treatment.
Implementation of social projects in the fields of education, sports, science, creativity, and culture.
Assistance to citizens in difficult life situations.
Support for the elderly and people with disabilities.
Funding for environmental and animal protection programs.
Assistance in the education and development of patriotic feelings in the younger generation.
Charity foundations accept help not only in money. For example, in Russia there are organizations that accept clothes. People bring unnecessary things there. Those in good condition are sent to free stores for those in need, those that can no longer be worn are recycled. In this way, two goals can be achieved at once – to provide people with clothes and reduce the burden on the environment.

The funds can also accept food products, hygiene products, furniture and household appliances, children’s toys, animal feed – the list is practically unlimited.

Enlarge imagehelping animals

Telegram services app Helping animals is one of the foundations’ activities. Source: Shutterstock
Structure
Funds have a rather complex structure. It includes at least four management bodies: a council, a director, a board of trustees, and an auditor. To organize a fund, an entrepreneur must have sufficient knowledge and experience.

The Council is the main governing body. It can be called differently, for example, the Presidium. This is a collegial body, the minimum number of participants Verified badge Telegram  is two people. It decides the main issues concerning the activities of the fund:

approves the charter;
elects representatives of other governing bodies;
determines the main strategy of the fund;
approves the annual reports of the fund;
makes decisions on opening branches and others.
The manager is an individual endowed with executive power. The position can be called differently – president, director, chairman, etc. The period of his work is iraq telegram data approved by the charter, he cannot hold the position for more than five years.

As part of his responsibilities, the manager

opens bank accounts;
issues powers of attorney;
signs agreements on behalf of the fund;
manages the organization’s property, and so on.
The full list of responsibilities is spelle out in the charter.

The board of trustees is a body that monitors the fund’s performance of its duties. It can also attract sponsors. As a rule, the board of trustees’ instructions are advisory in nature.

The minimum number of members is two people. They are initially appointe by the founder, then the candidates are approve by the council.

An auditor or audit committee is a body that revolutionary ai-powerful platform controls the financial and economic activities of the fund. If a committee is create, it must consist of at least two people.

We have listed the bodies that must be Verified badge Telegram  present in the fund structure without fail. Others can also create if necessary.

It is worth noting that the founder of the fund as an independent entity is not includ in the management bodies. Accordingly, he is not b2b reviews responsible for the work of the organization. However, the founder can include in the composition, for example, of the council or audit commission. It is also useful to specify the options for his participation in the charter.

If you are not well verse in legal subtleties, use support. Sovcombank has a service called “SovcomOpora”. Experienced lawyers will help resolve any issue.