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Nelsonian Foundation

Transparency

The Constitution, Bylaws and registration certificate, plus how the Foundation is funded and how it spends.

Governing documents

Registered under the Non-Profit Organisations Act, No. 7 of 2019

  • Constitution

    The constituent document of the Foundation: name, objects, membership, Board, finances, reporting and dissolution. Adopted 1 October 2025.

    Adopted 30 September 2025

  • Bylaws

    How the Board operates: meetings, officers, committees, conflicts of interest, financial controls and policies. Adopted 1 October 2025.

    Adopted 30 September 2025

  • NPO Registration Certificate

    Certificate of registration under the Non-Profit Organisations Act, No. 7 of 2019, dated 16 January 2026.

Impact reports

The first annual report will be published after the Foundation’s first year.

Impact reports →

How we are funded and how we spend it

The Foundation is funded by donations, grants, sponsorships and bequests from any lawful source. Every gift is recorded in a permanent ledger with a numbered receipt.

Money goes out only to deliver the objects in the Constitution: educational inputs, training, mentorship, direct assistance and the technology that supports them. Every payment above the Board’s threshold needs two authorised signatories.

The Foundation keeps full books of income and expenditure, reports to its members and regulator as the law requires, and publishes what its programmes achieved.

Governance in plain language

Non-profit character
The Foundation is carried on without pecuniary gain to its members, directors, officers or controllers. Any surplus or assets are applied solely to advance the objects. (Constitution §3.1)
Unpaid directors
Directors serve without remuneration. Only reasonable, pre-approved out-of-pocket expenses are reimbursed. (Bylaws 3.7)
The Board
Five to nine directors, three-year renewable terms, meeting at least quarterly, with a simple majority as quorum. (Constitution §5.1, Bylaws 3.1–3.2)
Conflicts of interest
Full disclosure, recusal from decision-making, a maintained Register of Interests, and related-party transactions only on independent, documented, non-conflicted approval. (Bylaws 3.4)
Banking controls
Accounts are held in the Foundation’s name at a regulated financial institution, with at least two authorised signatories above Board-set thresholds. (Bylaws 5.1)
Records
Accurate books of income, expenditure, assets, liabilities, donations, grants and programme outputs, kept for at least six years. (Bylaws 5.5)
Audit
Where gross annual income exceeds the statutory threshold, accounts are audited annually by a qualified auditor; otherwise the Board may commission an independent review. (Constitution §8.3)
Reporting
An annual report of activities and accounts is prepared for the Board and members as the Constitution requires. Financial statements are not published on this website. (Constitution §8.4)
Dissolution
On dissolution, after debts and liabilities are settled, remaining assets transfer to one or more non-profit organisations with similar objects in Trinidad and Tobago. No member, director, officer or controller receives any part of the residual assets. (Constitution §10.2)