CHARTER OF THE FOUNDATION OF THE

INTERNATIONAL SCHOOL OF GENEVA

 

 

Artic1e 1. Name

1. Under the name of "FOUNDATION OF THE INTERNATIONAL SCHOOL OF GENEVA (FONDATION DE L'ECOLE INTERNATIONALE DE GENEVE), hereinafter referred to as "the Foundation", the Association of the International School of Geneva, hereinafter called "the Founder", forms a foundation, governed by this Charter and by Article 80 et seq. of the Swiss Civil Code.

2. The activity of the Foundation began on 30 October 1968.

3. The Foundation is entered in the "Registre du Commerce".

Article 2. Location

 

1. The office of the Foundation is located in the Canton of Geneva.

 

Article 3. Duration

 

1. The Duration of the Foundation is indefinite.

 

Article 4. Objective

  1. The Foundation shall serve the international community and those committed to the concept of international education, be they members of the international or local community.

    2.  

  2. It shall strive to achieve this objective by:

 

(a) providing primary and secondary schooling alternatives to national systems;

(b) emphasising educational excellence, innovation and relevance to the international as well as the local environment;

(c) allowing for the preparation of students for reintegration into their own cultures or for integration into other cultures; and

  1. allowing for the continuation of the education and development of students who leave the Foundation.

3. The basic teaching shall be given in English and in French, and possibly in other languages.

4. The activity of the school in all fields and especially in the field of pedagogy shall be based or the principles of equality and solidarity among all peoples and of the equal value of all human beings without any distinction of nationality, race, sex, language or religion.

Article 5. Capital

1. The initial capital of the Foundation shall amount to the sum of Sfrs. 50'000.- .

2. The Governing Board may draw on or increase the capital only upon a resolution adopted by a majority of two-thirds of its members.

Article 6. Resources

1. In order to supplement its normal resources, such as tuition fees, boarding fees; interest on investments, etc., the Foundation shall seek to obtain subsidies, grants, legacies and other gifts from local government authorities, international organisations, companies, alumni, parents, students, charitable foundations, and other friends of the school.

Article 7. Investment of Funds and Assets

  1. Foundation funds judged by the Direction to be in excess of immediate requirements may be deposited with a bank or invested in first class bonds or shares quoted or not quoted on the stock exchange, or in first mortgages on real estate (situated in Switzerland), or in rights to insurance policies, or in Any other movable property necessary for the attainment of its objective.

2. The foundation may acquire real estate in its own name or through a real estate company. Upon a resolution adopted by a two-thirds majority, the Governing Board may invest all or part of borrowed funds and/or capital in real property destined for housing the school.

Article 8. Governing Board of the Foundation

  1. The highest authority of the Foundation is the Governing Board of the Foundation. It shall manage the affairs of the Foundation, and shall, either directly or through such organs or persons as may be designated by the Board for the purpose, represent the Foundation towards third parties. It shall particularly ensure adherence to the objective defined in Article 4.

    2. 2. The Board shall establish Regulations under the terms of this Charter which shall specify, among other things, the composition of the Board, its powers, and the procedures to be followed by it.

  2. The Board shall be entitled to create other organs and define their powers in additional Regulations under the terms of this Charter.

4. The Board is empowered to delegate part of its powers to an Executive Committee, whose composition and powers shall be defined in additional Regulations. *

* Introduced by decision of the Federal Departement of the Interior of October 17, 1988.

 

 

Article 9. Supervising authority

1. The Foundation shall be placed under the supervision of the Swiss Confederation.

 

Article 10. Alteration of the Organisation and of its Objectives

1. The Federal Department of the Interior, acting as supervising authority, may alter the organisation or change the objective of the Foundation in cases provided for by law (Articles 85 and 86 of the Swiss Civil Code).

Article 11. Dissolution

1. The Foundation shall be dissolved as of right when its objective has ceased to be attainable.

2. In the event of dissolution of the Foundation, the assets of the Foundation shall be used in accordance with the objective of the Foundation. Thus any balance of assets which might exist should be allocated to one or more non-profit-making educational institutions of an international nature (in Switzerland or abroad).