Not For Profit Articles of Association are essential for establishing and operating a foundation (yayasan) in Indonesia. This document is required when founding a new not-for-profit organization or updating an existing organization's constitutional framework. It must comply with Indonesian Law No. 16 of 2001 on Foundations and its amendments, requiring execution before a notary public and registration with the Ministry of Law and Human Rights. The document establishes the organization's legal identity, defines its charitable or social purposes, outlines the governance structure with three mandatory boards (Governing, Management, and Supervisory), and sets rules for asset management, operational procedures, and reporting requirements. It serves as the primary reference for all stakeholders and regulatory bodies, ensuring proper governance and compliance with Indonesian non-profit regulations.
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1. Name and Domicile: Legal name of the foundation and its registered address in Indonesia
2. Purpose and Objectives: The foundation's mission, vision, and specific charitable/social objectives
3. Assets: Initial assets and sources of funding for the foundation
4. Organization Structure: Definition of the three mandatory organs: Governing Board (Pembina), Management Board (Pengurus), and Supervisory Board (Pengawas)
5. Governing Board: Composition, appointment, dismissal, duties, and authorities of the Governing Board
6. Management Board: Composition, appointment, dismissal, duties, and authorities of the Management Board
7. Supervisory Board: Composition, appointment, dismissal, duties, and authorities of the Supervisory Board
8. Annual Work Plan and Budget: Procedures for preparing and approving annual plans and budgets
9. Financial Year and Annual Reports: Definition of financial year and requirements for annual reporting
10. Amendment of Articles of Association: Procedures for amending the articles of association
11. Merger and Dissolution: Procedures for merger with other foundations or dissolution
12. Dispute Resolution: Methods for resolving internal and external disputes
13. Final Provisions: Closing statements and implementation provisions
1. Branch Offices: Rules for establishing and managing branch offices, required if the foundation plans to operate in multiple locations
2. Advisory Board: Structure and role of an advisory board, useful for foundations seeking additional expertise
3. Specific Program Areas: Detailed descriptions of program areas, recommended for foundations with multiple focus areas
4. Investment Guidelines: Rules for managing foundation investments, necessary for foundations with significant assets
5. Conflict of Interest Policy: Detailed procedures for handling conflicts of interest, recommended for larger organizations
6. International Activities: Provisions for international operations or partnerships, needed if foundation plans to operate internationally
7. Volunteer Management: Rules and procedures for managing volunteers, necessary if foundation relies on volunteer work
1. Initial Assets Declaration: Detailed list of founding assets and their values
2. First Appointment of Board Members: Names and details of initial board members for all three organs
3. Organization Structure Chart: Visual representation of the foundation's governance structure
4. Code of Ethics: Detailed ethical guidelines for board members and staff
5. Financial Management Procedures: Detailed procedures for managing foundation finances
6. Program Implementation Guidelines: Specific guidelines for implementing the foundation's programs
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