Conduct and Governance
The MHA Board and the CEO have unanimously agreed that the following are key components of the conduct of the Alleviation Fund:
ü Unless directed otherwise, every cent of every bequest or donation will go directly into the Fund, for distribution; not one cent will go towards operational overheads of any description
ü Until some critical mass has been established, a dedicated Trust mechanism will not be implemented in the foreseeable future
ü An Alleviation Fund management committee comprising the Board chairman, one other Director designated by the Board, and the CEO are responsible for all financial and administrative aspects of the Alleviation Fund, including safeguarding of confidentiality
ü The CEO (Alleviation Fund Manager) has been delegated responsibility for the day-to-day management and control of the Alleviation Fund, including decisions on deserving recipients of funding. The CEO will report to the Board in this regard
ü A Director (Alleviation Fund Administrator), designated by the Board and reporting to the CEO, has day-to-day responsibility for the development of the Alleviation Fund, and for communicating with all relevant stakeholders and donors
ü As a part of the annual audit activities of MHA’s external auditors, the conduct and performance of the Alleviation Fund will be scrutinized and an independent report issued, which will appear annually on the MHA website.