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
Vehicle for collaboration
Budget comes from contributions from ventures and individuals
Not intended to hold financial risk
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.