Statutes
Statutes of the Foundation
Statutes — Börje Salmings ALS fundraising foundation
§ 1. The purpose of the Börje Salming ALS fundraising foundation is to promote medical scientific research to increase understanding and improve the treatment of amyotrophic lateral sclerosis (ALS).
The Foundation will also create initiatives whose purpose is to facilitate and provide support for those affected and their relatives.
§ 2. The Foundation shall fulfil its purpose partly by providing financial support to prominent researchers in Sweden or abroad, and by providing financial support that in various ways contributes to the dissemination of knowledge about ALS and to provide support to sufferers and their relatives. The Foundation may also serve its purpose in other ways.
§ 3. The management of the assets of the Foundation and the management of its affairs shall be carried out by a Board of Directors based in Stockholm.
§ 4. The Board of Directors shall consist of not more than Nine (9) and not less than Four (4) members. Two (2) alternates may be appointed.
The term of office of directors shall be two (2) years.
Members may be re-elected after their term of office has expired.
Should any member of the Board resign from the Board of Directors, the other members shall appoint a new member with qualifications equivalent to the member who left the Board.
§ 5. All members of the Board shall be summoned to the meetings of the Board of Directors.
These meetings can take place both physically and digitally. Minutes of meetings of the Board of Directors shall be kept, which shall be adjusted by the Chairman and the additional person (s) appointed at each time. The records shall be kept in numerical order and kept in a secure manner.
The Board of Directors shall appoint the Secretary of the Foundation.
The Board of Directors is responsible for decision-making when more than half of the entire number of members are present. In particular, it applies to the sentence on which the majority agrees. In the event of an equal number of votes, the vote of the Chairman of the Board shall constitute a casting vote. Decisions can also be made per capsulam.
§ 6. The board appoints a chairman within itself.
§ 7. The Board of Directors may appoint one or more persons within or outside the Board of Directors, who, in certain respects or with unrestricted authority, shall have the right to represent the Foundation and subscribe to its firm.
§ 8. A member of the Board of Directors is entitled to compensation from the foundation's assets for expenses incurred by the member in the performance of the Board's assignment. However, a member of the board is not eligible for remuneration.
§ 9. The funds of the Foundation shall be placed, except in an interest-bearing account in banking institutions, in shares, bonds or other securities which are listed and traded on a domestic or foreign stock exchange or under similar conditions.
§ 10. The Foundation shall issue an annual report.
§ 11. For the audit of the Foundation's management and accounts, the Board of Directors shall appoint an authorized/approved auditor or an audit firm for a period of two (2) years.
The auditor is entitled to collect fees from the assets of the foundation.
§ 12. The Board of Directors may establish a Scientific Council, composed of scientists whose task is to assist the Board in the distribution of the Foundation's funds. A member of the Board may also be a member of the Scientific Council.
§ 13. Amendments to these statutes, except as regards the determination of purpose, may be made by unanimous decision of the Board of Directors without the authorisation of an authority.
§ 14. Decisions on the termination or dissolution of the foundation are made in accordance with law. For decisions on the termination of the foundation, all members of the Board of Directors must be present and that the Board of Directors must agree.