The Chief Financial Officer (CFO) will manage all the financial and Administration aspects of the operations of the Education Foundation. Ensuring that the current and projected future financial obligations of the Education Foundation can be met, taking special care that the educational commitments that are continuing can be adequately funded.
The CFO will have reporting responsibility for the Investment Committee and Fundraising Committee. The CFO can also be a member of these Committees.
(i) The Investment Committee
The Investment Committee, which will be chaired by the Investment Director, will be responsible for the investment of the Education Foundation's funds, both directly and by appointing external fund managers. This Committee's function is to maximize the net returns of the funds available to the Education Foundation, within the most important criterion of capital protection.
(ii) The Fundraising Committee
The Fundraising Committee, which will be chaired by the Fundraising Director, will be responsible for establishing a continuing program of fundraising that will enable the Education Foundation to finance the extension of its activities under its Charter.
Cofunding arrangements, such as from companies, for example, wishing to support students from specific Approved Countries, will also be arranged by the Fundraising Director. Any such Approved Partner wishing to participate in any way with the Education Foundation in any of its activities, will need approval of the Board.
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The fundamental aim of the Education Foundation is to provide Third World countries with a pool of educated potential leaders. This is a first draft and a work in progress. Should you have an interest in participating in this project or in funding this project, please contact me on onesimoa@gmail.com
