§ 1 NAME and RESIDENCE
The organization is registered under the name
The fund has its residence in 59939 OLSBERG and is registered at the registration office
of the county court of 59929 BRILON
After registration the name of the fund is
In case of expansion the fund may set agencies representing the fund in other places. The financial year of the fund is the calender year.
§ 2 THE AIMS OF THE FUND
The fund is an exclusively non-profit making organization that serves its purposes immediately as stated in the clause of tax law concerning „donational saving entitling the saver to tax relief“.
The aim of the fund is to support and promote freedom of thought, creativity, democracy and research in the Arab world. This is to be realized particularly through awards given in the fields of science and research, arts, politics, education and teaching to people who have rendered outstanding services to their Arab homeland. The fund is neither dependent on politics nor confession. Other cultural activities of the fund can be taken at proper time and sufficient financial and personel availability.
§ 3 USE OF THE FINANCIAL MEANS OF THE FUND
The fund does not strive for profit; its work is selfless. It does not in the first place pursue economic interests or seek to enlarge its own capital.
The financial means of the fund can be used only according to the statutes. Members are not allowed to get donations from the funds. No person may be favoured by expenditures that are alien to the aims of the fund.
§ 4 MEMBERSHIP
Natural persons can become members of the fund, but also legal entities or corporations. Entitles to vote are persons who have become of age and who have been member for at least six months. The committee decides whether an application for membership is accepted or not in each case individually. If an application for membership is refused, the committee is not obliged to tell the applicant about the reasons.
§ 5 END OF MEMBERSHIP
The membership of a member ends when he dies or when he declares his free wish to resign in a notice of resignation to the committee or when the fund expels him from membership against his will. If a member severely offends against the rules and interests of the fund, he can be expeled on a decision made by the committee. A serious offend is especially when a member behaves in a way that damages the fund either from inside or outside, but it is also when a member does not fulfil his obligations or pay his fees. The member than has to be given the chance to give his opinion about that matter within a time limit before the final decision of expulsion is taken.
§ 6 SUBSCRIPTION
Members have to pay fees. The amount of the fee charged is fixed by the committee.
Voluntary payments by a third party and donations by sponsors are most desirable.
§ 7 BODY OF THE FUND
The body of the of the fund is the committee and the general meeting.
If a member holds a certain office in the fund he does it on honorary basis according to the statutes.
§ 8 THE COMMITTEE
According to § 26 BGB the committee consists of
a) the first chairman
b) the second chairman.
Together they represent the fund inside and outside of court.
Replacement is restricted in such a way that when a legal transaction of more than 200,-- DM is made this has to be approved in writing by the extended committee.
The extended committee consists of
a) the first chairman
b) the second chairman
The general meeting elects the committee with a simple majority for a legislation period of three years. A re-election is permitted. The election can also be made by postal vote. Entitled to be voted as member of committee is a natural person who has become of age.
§ 9 ELECTING THE COMMITTEE
The committee is elected at the general meeting.
Entitled to be voted as member of committee are only members who have a membership of the fund for at least two years. A member of committee is in office until re-election. If a member of committee leaves his office before that, the extended committee induces somebody who had the next high level of votes to replace the office as substitute member of committee until the next general meeting. When a membership is ended the office that is held as committee member ends automatically with it.
§ 10 COMMITTEE MEETINGS
Decisions are made in meetings to which the members of committee are summoned by the first and second chairman. The committee has a quorum if at least three of its members are present. The committee decides by the majority of the votes. Every member of the committee has one vote. In the event of a tied vote the vote of the first chairman is the casting vote. If the first chairman is not present the vote of the second chairman is the casting vote.
The committee fulfils its task by passing resolutions, holding sessions or by mutual consent of all members of the committee passing resolutions by postal vote. When resolutions are passed this has to be recorded.
§ 11 RESPONSIBILITY AND COMPETENCE OF THE COMMITTEE
The committee is in charge of all the affairs of the fund, as long as they are not assigned to another organ by the statutes.
Some of its responsibilities are
Awards are given to persons whose abilities are inspected and proposed to the fund by competent institutes or persons. The final decision is left up to the committee to safeguard the aims of the organization.
- preparing and summoning the general meeting and drawing up an agenda
- safeguarding the rights and duties of the organization
- carrying out the decisions made in the general meeting
closing of account
§ 12 GENERAL MEETING
The general meeting is annually or as many times as required summoned by the committee in a written proposal. It is summoned by the committee in an official invitation at least 6 weeks with details about the agenda before the meeting. The official invitation is regarded as „received“ if it is sent to the last known adress of a member. In the general meeting every member - even an honorary member - has one vote. It is not allowed to transfer one‘s right to vote to another member to exercise it. The general meeting has a quorum if it is summoned according to the rules. A quorum is not dependent on the number of members present. The right to vote can be exercised by postal vote too.
Exceptional general meetings can be summoned by the committee as well. The committee is obliged to do so if 1/3 of the members apply for this meeting in writing and give their reasons in it.
Resolutions are passed by simple majority of the casted votes openly. Voting is by ballot in so far as 1/4 of the members present demands this. Proposals that are not mentioned in the agenda can be put to the vote only if these proposals were received in writing at least two weeks before the meeting and the members were informed about them at least one week before the meeting. Emergency motions can be dealt with only when decision is taken with a 2/3 majority of the members present that it shall be taken up in the agenda along with the other points.
The general meeting is responsible for the following tasks:
1. election, nomination and recall of the members of committee
2. inspection and approval of the committee
3. assessing the annual closing of the account
4. appointing commendable membersas honorary members.
5. other responsibilities resulting from the statutes or law
6. passing resolutions over changing the statutes or dissolving the fund.
All resolutions must be drawn up in writing and have to be recorded.
§ 13 DISSOLVING THE FUND
A resolution over changing the statutes or dissoving the fund has to be taken with a 2/3 majority of the members present at the general meeting. In case of dissolving the fund or cancelling „donational saving entitling the saver to tax relief“ the fortunof the fund goes to a public corporation or any other tax-deductible body, which has to spend it exclusively for the benefit of the public as charitable donations.
The above statutes were established on the 29.11.1998 in Olsberg by the founder‘s meeting. Below, the following signed as founders :
Dr. M. Ali Hachicho
Dr. Joseph Aoun
Dr. Ibrahim Lada‘a
Dr. Khairi Qattawi