The Purpose and Objectives of the Foundation
The purpose of the foundation shall be to directly and/or indirectly support families affected by the loss of close relatives. This shall include the establishment of schools and football academies in Ethiopia, as well as the promotion of activities compatible with this purpose. The foundation shall primarily operate in Sweden and Ethiopia through activities such as:
The board shall ensure, in managing the assets of the foundation, that its property is securely stored and that the assets yield the best possible return. The funds received after the call that the founder intends to publish on their website or through another communication method shall constitute an independent fortune that promotes the above-defined and lasting purposes of the foundation.
The foundation shall fulfill its purpose by using its collected funds and their returns to grant subsidies or otherwise support physical and legal persons through an application process or in another manner that promotes the purpose of the foundation. The foundation’s board/trustees shall decide on grants or support from the collected resources along with the returns.