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Foundation Articles Of Incorporation
"I need Foundation Articles of Incorporation for an educational foundation that will operate across Southeast Asia, with headquarters in Kuala Lumpur, planning to launch operations by March 2025. The foundation will focus on providing scholarships and educational resources to underprivileged students."
1. Name and Status: States the foundation's official name and its status as a foundation incorporated under Malaysian law
2. Registered Office: Specifies the official registered address of the foundation in Malaysia
3. Objects and Powers: Defines the foundation's purposes, objectives, and scope of activities, including permitted powers to achieve these objectives
4. Non-Profit Status: Declaration of non-profit nature and restrictions on distribution of income and property
5. Board of Trustees: Composition, appointment, removal, and powers of the board of trustees
6. Meetings: Procedures for board meetings, annual general meetings, and special meetings
7. Financial Provisions: Rules regarding financial management, accounts, and audit requirements
8. Amendment of Articles: Procedures for amending the Articles of Incorporation
9. Dissolution: Procedures and requirements for dissolution and distribution of assets
10. Indemnity: Provisions for indemnification of trustees and officers
1. Branch Offices: Required if the foundation plans to establish offices in multiple locations
2. International Operations: Needed if the foundation will operate across borders
3. Special Committees: Include if the foundation requires specialized committees beyond the main board
4. Investment Powers: Detailed investment guidelines if the foundation will manage significant investment portfolios
5. Membership: Required if the foundation will have a membership structure beyond the board
6. Specific Program Rules: Include for foundations with specific charitable or educational programs
7. Seal: Rules regarding the foundation's common seal, if one is to be used
1. Schedule 1: Initial Trustees: List of founding trustees with their details and declarations
2. Schedule 2: Powers of the Foundation: Detailed enumeration of specific powers granted to achieve the foundation's objectives
3. Schedule 3: Board Procedures: Detailed procedures for board meetings, voting, and decision-making
4. Schedule 4: Financial Rules: Detailed financial procedures, including signing authorities and investment guidelines
5. Appendix A: Forms: Standard forms for various procedures such as trustee appointments and resignations
6. Appendix B: Conflict of Interest Policy: Detailed policy for managing conflicts of interest
Authors
Non-Profit
Education
Healthcare
Social Services
Religious Organizations
Arts and Culture
Environmental Conservation
Research and Development
Humanitarian Aid
Community Development
Legal
Compliance
Corporate Governance
Finance
Administration
Board Secretariat
Risk Management
Corporate Affairs
Foundation Director
Board Member
Company Secretary
Legal Counsel
Compliance Officer
Chief Executive Officer
Chief Financial Officer
Program Director
Governance Manager
Risk Management Officer
Foundation Administrator
Trustee
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