Trust Deed Registration No: IT 002623/2018T
PBO Registration No. 930065915
This committee is responsible for monitoring the adequacy of the Foundation’s financial controls, accounting policies, financial reporting and risk management. It provides a forum through which the external auditors report to the board. The mandate of the Audit and Risk Committee is in line with the Foundation’s Trust Deed.
This committee meets three times per year.
This committee determines, in consultation with the Foundation’s approved investment advisors, the overall investment strategy and structure for the organization that is within the limits of prudent investment guidelines as set by the Registrar of Financial Institutions from time to time.
This committee meets three times per year.
In line with the Foundation’s strategy and target beneficiaries, the mandate to this committee is to identify strategic and long-term partners for the current strategic period, to approve funding to the identified partners and monitor impact made upon the communities who benefit from these initiatives.
This committee continually reviews the status of development funding philosophy, policy and criteria in terms of appropriateness and ensures the Foundation operates within a restricted budget.
The committee meets twice a year.
