Rules of the Foundation

1. The name of the Foundation is Pyhän Nikolauksen säätiö sr. The Foundation’s English name is the Saint Nicholas Foundation sr.

2. The Foundation’s domicile is in Helsinki.

3. The Foundation’s purpose is to promote Anglican worship and ministry in Finland.

4. The Foundation may fulfil its purpose by distributing grants or bursaries to Anglican Church’s local congregations or other organisations which advance the Foundation’s purpose. The Foundation may also distribute bursaries that advance the purpose of the Foundation to members of the Anglican Church or other Anglican believers.

The Foundation may also fulfil its purpose by offering facilities for the use of the congregations of the Anglican Church or other entities that promote the Foundation’s purpose. However, this does not restrict the Foundation from renting its facilities for other purposes that support the purpose of the Foundation.

The Foundation may also fulfil its purpose by organising cultural and other events, club, residential and course activities, and training and other services for the benefit of members of the Anglican Church or other Anglicans.

The Foundation may also fulfil its purpose by disseminating information about the Anglican Church and its message, and by otherwise seeking to promote the Anglican Church and Anglicanism. To this end the Foundation may, among other things, organise publicity or other campaigns, send representatives of the Anglican Church to participate in educational activities or events, as well as produce, translate and print material related to the activities of the Anglican Church and make it available to the public.

The Foundation may also fulfil its purpose in other ways that contribute to the Foundation’s purpose.

The Foundation operates in Finland.

5. The Foundation has the right to receive donations and legacies, and to increase its assets in other ways through business activities or investments.

6. The Foundation has a Board, consisting of three to seven members.

The founder of the Foundation selects the Chair and members of the Board of the Foundation until the 2019 Annual General Meeting of the Anglican Church in Finland. The following are the Foundation’s first Chair and members.

Chair of the Board: Tuomas Mäkipää

Full Board member: Arne William Laitinen Jr.

Full Board member: Violetta Teetor

From the 2019 Annual General Meeting of the Anglican Church in Finland, the Annual General Meeting of the Anglican Church in Finland elects the members and Chair of the Board. The term of office of Board members is three years. The Annual General Meeting of the Anglican Church in Finland may dismiss a member of the Board before the end of their term.

Board members may be paid a standard fee or compensation for work undertaken on behalf of the Foundation.

7. The Foundation may have a Managing Director. The Managing Director’s/Chief Executive Officer’s term of office is indefinite.

The Board of Directors elects and dismisses the Chief Executive Officer/Managing Director.

The Chief Executive Officer may be paid a standard fee and compensation for their work on behalf of the Foundation.

8. The Chair and CEO each represent the Foundation alone, as do two members of the Board together. The Board may authorise a designated person to represent the Foundation.

9. The Foundation’s financial year is the calendar year. The first financial year ends on 31 December 2019.

10. The Board appoints the auditor and a deputy auditor if the auditor is not from an auditing company. The auditor’s term of office is indefinite.

11. Any change to the rules or purpose of the Foundation requires the consent of the Anglican Church in Finland in addition to the fulfilment of the conditions of the rules of the Foundation.

12. If the Foundation is dissolved or ceases to exist, its assets must be transferred to the Anglican Church in Finland or, if the Anglican Church in Finland has ceased to exist, to another non-profit community engaged in church activity with aims close to those of the Foundation.

Registered in 2019