Articles of Association of the Foundation World Without Mines
I. Name, Registered Office and PurposeArt. 1:
A foundation with the name “Stiftung Welt ohne Minen” (“Fondation Monde Sans Mines”, “Foundation World Without Mines”) currently exists within the meaning of art. 80 ff. of the Swiss Civil Code (ZGB).
The Foundation’s registered office is the current residence of the lone member of its Managing Council or (in the case of multiple membership) of the President of the Managing Council.
The Foundation’s purpose is to support humanitarian and charitable demining institutions and projects as well as the rehabilitation of those wounded in war, especially the victims of mines, in Switzerland and abroad.
The Foundation may undertake any actions or issue any orders necessary to the achievement of its purpose, in particular the purchase, sale, rental, letting and administration of property.
II. Organisation, Representation and Signing AuthorityArt. 4:
The Foundation’s supreme body is the Managing Council, which comprises one or more members. It is appointed by the founder (on the occasion of founding). Members of the Managing Council serve for periods of three years and are eligible for re-election.
The Managing Council is self-constituting and responsible for its own membership. As soon as the number of members falls below two, the Managing Council must hold the appropriate by-election.
The Managing Council manages the Foundation in conformance with the law and the deed of foundation, and according to its own good judgement. Under these conditions, it may freely dispose of the Foundation’s assets. The Managing Council may set down the principles of its activity at any time in the form of one or more regulations.
The Managing Council represents the Foundation to the outside world and determines those persons who shall have legal signing authority for the Foundation, as well as the type of signing authority they enjoy.
A majority of the members of the Managing Council is considered to constitute a quorum. Decisions are made by simple majority of the members of the Managing Council present. In the case of a tied vote, the president’s vote counts twice. Minutes are to be taken regarding decisions.
Every year, the Managing Council shall appoint one or two natural persons, or an accounting firm, to serve as auditor. Re-appointment is permitted.
The auditor shall perform a yearly audit of the Foundation’s bookkeeping and its annual statement, which is to be prepared every year as per 31 December. The auditor shall submit a report in writing to the Managing Council, so that this latter may decide whether or not to accept said annual statement within six months of the closing date.
III. FinancingThe founder donates start-up capital in the amount of CHF 50,000 (fifty thousand Swiss francs) to the Foundation on the occasion of its establishment.
These assets are increased by voluntary contributions and donations by third parties as well as by the yield on assets.