Annual Report
The annual report provides a formal record for the foundation and supports transparency for the Board, donors, and regulatory bodies.
How ACF is Governed
The foundation is governed by a Board of Directors. The Board helps manage foundation affairs, approve budgets, approve grants, and guide strategic direction.
Board Oversight
The Board manages the foundation’s affairs and strategic direction.
Quarterly Meetings
The charter calls for meetings at least quarterly.
Officer Roles
The Chairperson leads governance and direction. The Board maintains official records and meeting minutes.
Audits & Reporting
An audited annual report is prepared and presented to the Board, regulatory authorities, and donors.
Responsible Use of Funds
ACF funds must be used for the purposes outlined in the charter. The charter also limits activities that conflict with the foundation’s tax-exempt status, including political campaign activity and private benefit.