Civic Foundations
These differ from CDAs in that there is no minimum number of Founders. The Founders should have Articles of Association comprising the following information:
- The Foundation name and its geographical jurisdiction and headquarters in Egypt.
- The purpose for which it is established.
- A detailed account of funds appropriated to realize the Foundation’s purposes.
- The foundation’s management organization, including methods of appointing head and members of boards of trustees and manager.
Read more about this topic: Egyptian NGO Law
Famous quotes containing the words civic and/or foundations:
“It is hereby earnestly proposed that the USA would be much better off if that big, sprawling, incoherent, shapeless, slobbering civic idiot in the family of American communities, the City of Los Angeles, could be declared incompetent and placed in charge of a guardian like any individual mental defective.”
—Westbrook Pegler (1894–1969)
“These, in the day when heaven was falling,
The hour when earth’s foundations fled,
Followed their mercenary calling
And took their wages and are dead.”
—A.E. (Alfred Edward)