Enspiral Foundation Ltd

  • Constitution - the legal doc that governs the Enspiral Foundation Ltd.

  • Board of Directors - also known as MVB, the Minimum Viable Board

  • Comms Role Scope - we pay someone to do communications work

  • Ops Scope - the most incredible bunch of humans run the backroom operations at Enspiral

Purpose, scope, role

  • Owns the Enspiral brand and IP

  • Is owned collectively by the Enspiral members

  • Charitable company

  • Vehicle for collaboration

  • Budget comes from contributions from ventures and individuals

  • Not intended to hold financial risk

Notes...

  • The Enspiral Foundation is incorporated as a limited liability company with a charitable constitution. It is not officially registered as a Charity, but is governed for charitable purposes.

  • The Enspiral members are the shareholders of the Foundation and collectively own it

  • Shareholding relates to decision-making stakeholding power, and does not bear financial dividends.

  • The Foundation is structured so that no profit is taken out - all financial returns are re-invested in supporting the network as a whole and its social impact mission.

Structure

  • constitution

  • shareholding

  • agreements

Registered company:

https://www.business.govt.nz/companies/app/ui/pages/companies/3415611

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