Governance
Governance
Governance Charter
Governance Charter
Grand Founders Governance Charter
Grand Founders is a New York–based 501(c)(3) nonprofit foundation (EIN 92-3725118) dedicated to strengthening national security and advancing economic development through thoughtfully structured impact investments and global entrepreneurial support. We prioritize initiatives that enable veterans, immigrants, and entrepreneurial leaders from underrepresented backgrounds to build resilient enterprises — thereby creating a sustainable legacy of responsible leadership for future generations. Our mission is accomplished through strategic partnerships with respected institutions, family offices, corporations, and impact investors who share our commitment to trust, responsibility, and prosperity.
Grand Founders Governance Charter
Grand Founders is a New York–based 501(c)(3) nonprofit foundation (EIN 92-3725118) dedicated to strengthening national security and advancing economic development through thoughtfully structured impact investments and global entrepreneurial support. We prioritize initiatives that enable veterans, immigrants, and entrepreneurial leaders from underrepresented backgrounds to build resilient enterprises — thereby creating a sustainable legacy of responsible leadership for future generations. Our mission is accomplished through strategic partnerships with respected institutions, family offices, corporations, and impact investors who share our commitment to trust, responsibility, and prosperity.
Grand Founders Governance Charter
Grand Founders is a New York–based 501(c)(3) nonprofit foundation (EIN 92-3725118) dedicated to strengthening national security and advancing economic development through thoughtfully structured impact investments and global entrepreneurial support. We prioritize initiatives that enable veterans, immigrants, and entrepreneurial leaders from underrepresented backgrounds to build resilient enterprises — thereby creating a sustainable legacy of responsible leadership for future generations. Our mission is accomplished through strategic partnerships with respected institutions, family offices, corporations, and impact investors who share our commitment to trust, responsibility, and prosperity.
Article I — Mission, Vision, Culture & Values
Grand Founders advances prosperity through trust, leadership, and impact-driven collaboration. Guided by dignity, integrity, liberty, fidelity, courage, authority, and legacy, we promote responsible entrepreneurship, align capital with ethics, and strengthen economic and national resilience for a sustainable future. Mission: To strengthen national security and advance economic development through responsible leadership and trusted partnerships. Vision: A world where responsible leaders build enduring prosperity. Culture & Values: Dignity — Respect for every individual. Integrity — Transparency and accountability. Liberty — Freedom and economic empowerment. Fidelity — Trust and reliability in relationships. Courage — Resolve in the face of challenges. Authority — Leadership grounded in responsibility. Legacy — Stewardship for future generations.
Article I — Mission, Vision, Culture & Values
Grand Founders advances prosperity through trust, leadership, and impact-driven collaboration. Guided by dignity, integrity, liberty, fidelity, courage, authority, and legacy, we promote responsible entrepreneurship, align capital with ethics, and strengthen economic and national resilience for a sustainable future. Mission: To strengthen national security and advance economic development through responsible leadership and trusted partnerships. Vision: A world where responsible leaders build enduring prosperity. Culture & Values: Dignity — Respect for every individual. Integrity — Transparency and accountability. Liberty — Freedom and economic empowerment. Fidelity — Trust and reliability in relationships. Courage — Resolve in the face of challenges. Authority — Leadership grounded in responsibility. Legacy — Stewardship for future generations.
Article I — Mission, Vision, Culture & Values
Grand Founders advances prosperity through trust, leadership, and impact-driven collaboration. Guided by dignity, integrity, liberty, fidelity, courage, authority, and legacy, we promote responsible entrepreneurship, align capital with ethics, and strengthen economic and national resilience for a sustainable future. Mission: To strengthen national security and advance economic development through responsible leadership and trusted partnerships. Vision: A world where responsible leaders build enduring prosperity. Culture & Values: Dignity — Respect for every individual. Integrity — Transparency and accountability. Liberty — Freedom and economic empowerment. Fidelity — Trust and reliability in relationships. Courage — Resolve in the face of challenges. Authority — Leadership grounded in responsibility. Legacy — Stewardship for future generations.
Article II — Programs, Activities & Initiatives
Programs and initiatives are designed and implemented by Executive Leadership under the direction of the CEO, following the strategic and operational framework known as the CEO Plan. This plan defines objectives, budgets, key risks, and performance indicators. It is reviewed annually by the Board of Directors and updated as needed. Primary Focus Areas: Emerging Entrepreneurs Support: Mentorship, capital access, and global pathways for responsible founders and funders — particularly veterans, immigrants, and outleaders. Impact Events: Convening leadership summits, investor dinners, and economic development forums that strengthen alliances and inspire collective progress. Humanitarian Assistance: Supporting communities affected by crises, with dedicated emphasis on Ukraine.
Article II — Programs, Activities & Initiatives
Programs and initiatives are designed and implemented by Executive Leadership under the direction of the CEO, following the strategic and operational framework known as the CEO Plan. This plan defines objectives, budgets, key risks, and performance indicators. It is reviewed annually by the Board of Directors and updated as needed. Primary Focus Areas: Emerging Entrepreneurs Support: Mentorship, capital access, and global pathways for responsible founders and funders — particularly veterans, immigrants, and outleaders. Impact Events: Convening leadership summits, investor dinners, and economic development forums that strengthen alliances and inspire collective progress. Humanitarian Assistance: Supporting communities affected by crises, with dedicated emphasis on Ukraine.
Article II — Programs, Activities & Initiatives
Programs and initiatives are designed and implemented by Executive Leadership under the direction of the CEO, following the strategic and operational framework known as the CEO Plan. This plan defines objectives, budgets, key risks, and performance indicators. It is reviewed annually by the Board of Directors and updated as needed. Primary Focus Areas: Emerging Entrepreneurs Support: Mentorship, capital access, and global pathways for responsible founders and funders — particularly veterans, immigrants, and outleaders. Impact Events: Convening leadership summits, investor dinners, and economic development forums that strengthen alliances and inspire collective progress. Humanitarian Assistance: Supporting communities affected by crises, with dedicated emphasis on Ukraine.
Article III — Human Capital, Corporate Structure & Governance
Grand Founders upholds fairness, inclusion, and performance excellence through a transparent human capital governance model. The CEO and Executive Leadership oversee all matters related to hiring, development, engagement, and offboarding. Core Principles: Equal opportunity and DEIB integration. Zero tolerance for discrimination, harassment, or retaliation. Transparent evaluation and growth pathways. Continuous learning and leadership development. A. Governance Framework The Foundation operates under a streamlined governance structure consisting of: Board of Directors Executive Leadership Advisory Council Each body operates with clearly defined authority, accountability, and ethical obligations consistent with federal and New York State nonprofit law. B. Board of Directors Composition The Board of Directors shall be composed of a limited number of Directors, determined from time to time by the Board based on the Foundation’s strategic needs, governance effectiveness, and fiduciary responsibilities. Directors shall be selected on the basis of integrity, sound judgment, demonstrated competence, and sustained alignment with the Foundation’s mission, values, and long-term objectives. Term Each Director shall serve an initial term of three (3) years. Terms shall automatically renew for successive three-year terms, subject to: Continued good standing; Fulfillment of fiduciary duties, including the duties of care, loyalty, and obedience; Ongoing compliance with conflict-of-interest, ethics, and conduct policies; Demonstrated support of the Foundation’s mission, sustainability, and institutional integrity. Meetings The Board shall convene no fewer than two (2) meetings per calendar year, with additional meetings held as necessary to fulfill its oversight and governance responsibilities. Voting Except as otherwise required by law or the Foundation’s governing documents, actions of the Board shall be approved by a majority vote of the Directors present at a duly convened meeting at which quorum is met. Responsibilities The Board of Directors bears ultimate responsibility for the governance and stewardship of the Foundation and shall exercise fiduciary oversight, including: Upholding the fiduciary duties of care, loyalty, and obedience; Approval of the Foundation’s strategic direction, annual budgets, and CEO plan; Evaluation, support, and oversight of the Chief Executive Officer; Ensuring legal, financial, regulatory, and ethical compliance; Safeguarding institutional credibility, reputation, and long-term sustainability. Strategic Support and Stewardship Directors are expected, when appropriate and at their discretion, to support the Foundation’s mission and strategic objectives by: Making thoughtful introductions to potential strategic partners, donors, advisors, or stakeholders; Assisting in the exploration and establishment of strategic partnerships; Providing professional insight, guidance, and support in areas aligned with their expertise and experience, where such input may materially strengthen strategic decision-making or institutional development; Participating in key programs, initiatives, or convenings where their expertise, standing, or network may add meaningful value. Such contributions are advisory and facilitative in nature and shall not constitute operational responsibilities, management authority, or involvement in day-to-day execution. Annual Charitable Contribution Expectation Directors are expected to make an annual charitable contribution to the Foundation, at a level commensurate with their capacity and commitment to the Foundation’s mission. All such contributions shall be treated as charitable donations, not compensation, fees, or consideration for service. Inability or failure to meet this expectation may be considered by the Board in connection with term renewal or continued service. Board Appointment Process New Directors may be nominated or recommended by the Chief Executive Officer, any sitting Director, or any member of the Advisory Council. Preference shall be given to qualified candidates who are active members of the Grand Founders Community and who demonstrate sustained alignment with the Foundation’s mission, values, and fiduciary standards. All nominations are subject to such review, vetting, and due diligence as the Board may determine appropriate. Appointment to the Board of Directors requires approval by a majority vote of the Directors present at a duly convened Board meeting at which quorum is met. Board Officers The Board of Directors shall select from among its members a Chair, Vice Chairs, and Secretary, each to serve a term of five (5) years, subject to reappointment or earlier removal by the Board in accordance with applicable governance policies and governing documents. C. Advisory Council Purpose The Advisory Council serves as a non-governing, non-fiduciary body providing strategic insight, expertise, and counsel to the CEO and Executive Leadership. Appointment Authority Advisors are appointed solely by the CEO Appointments may include leaders from business, finance, national security, technology, philanthropy, and public service Term Initial term of one (1) year Automatic annual renewal for up to five (5) consecutive years, subject to: Continued engagement and contribution Alignment with the Foundation’s values and objectives Ethical and reputational standing Authority Advisory role only No voting rights No fiduciary responsibility No operational control Annual Charitable Contribution Expectation Advisors are expected to make an annual charitable contribution to the Foundation, at a level commensurate with their capacity and commitment to the Foundation’s mission. All such contributions shall be treated as charitable donations, not compensation, fees, or consideration for service. Contributions are voluntary charitable donations and confer no special privileges. Continued service may be reviewed based on participation and support. D. Safeguards, Ethics & Removal All Directors and Advisors are subject to: Conflict of Interest Policy Code of Conduct Confidentiality obligations Any Director or Advisor may be removed for: Breach of fiduciary duty Ethical violations Reputational harm Failure to act in the best interests of the Foundation Removal authority remains with: The Board (for Directors) The CEO (for Advisors)
Article III — Human Capital, Corporate Structure & Governance
Grand Founders upholds fairness, inclusion, and performance excellence through a transparent human capital governance model. The CEO and Executive Leadership oversee all matters related to hiring, development, engagement, and offboarding. Core Principles: Equal opportunity and DEIB integration. Zero tolerance for discrimination, harassment, or retaliation. Transparent evaluation and growth pathways. Continuous learning and leadership development. A. Governance Framework The Foundation operates under a streamlined governance structure consisting of: Board of Directors Executive Leadership Advisory Council Each body operates with clearly defined authority, accountability, and ethical obligations consistent with federal and New York State nonprofit law. B. Board of Directors Composition The Board of Directors shall be composed of a limited number of Directors, determined from time to time by the Board based on the Foundation’s strategic needs, governance effectiveness, and fiduciary responsibilities. Directors shall be selected on the basis of integrity, sound judgment, demonstrated competence, and sustained alignment with the Foundation’s mission, values, and long-term objectives. Term Each Director shall serve an initial term of three (3) years. Terms shall automatically renew for successive three-year terms, subject to: Continued good standing; Fulfillment of fiduciary duties, including the duties of care, loyalty, and obedience; Ongoing compliance with conflict-of-interest, ethics, and conduct policies; Demonstrated support of the Foundation’s mission, sustainability, and institutional integrity. Meetings The Board shall convene no fewer than two (2) meetings per calendar year, with additional meetings held as necessary to fulfill its oversight and governance responsibilities. Voting Except as otherwise required by law or the Foundation’s governing documents, actions of the Board shall be approved by a majority vote of the Directors present at a duly convened meeting at which quorum is met. Responsibilities The Board of Directors bears ultimate responsibility for the governance and stewardship of the Foundation and shall exercise fiduciary oversight, including: Upholding the fiduciary duties of care, loyalty, and obedience; Approval of the Foundation’s strategic direction, annual budgets, and CEO plan; Evaluation, support, and oversight of the Chief Executive Officer; Ensuring legal, financial, regulatory, and ethical compliance; Safeguarding institutional credibility, reputation, and long-term sustainability. Strategic Support and Stewardship Directors are expected, when appropriate and at their discretion, to support the Foundation’s mission and strategic objectives by: Making thoughtful introductions to potential strategic partners, donors, advisors, or stakeholders; Assisting in the exploration and establishment of strategic partnerships; Providing professional insight, guidance, and support in areas aligned with their expertise and experience, where such input may materially strengthen strategic decision-making or institutional development; Participating in key programs, initiatives, or convenings where their expertise, standing, or network may add meaningful value. Such contributions are advisory and facilitative in nature and shall not constitute operational responsibilities, management authority, or involvement in day-to-day execution. Annual Charitable Contribution Expectation Directors are expected to make an annual charitable contribution to the Foundation, at a level commensurate with their capacity and commitment to the Foundation’s mission. All such contributions shall be treated as charitable donations, not compensation, fees, or consideration for service. Inability or failure to meet this expectation may be considered by the Board in connection with term renewal or continued service. Board Appointment Process New Directors may be nominated or recommended by the Chief Executive Officer, any sitting Director, or any member of the Advisory Council. Preference shall be given to qualified candidates who are active members of the Grand Founders Community and who demonstrate sustained alignment with the Foundation’s mission, values, and fiduciary standards. All nominations are subject to such review, vetting, and due diligence as the Board may determine appropriate. Appointment to the Board of Directors requires approval by a majority vote of the Directors present at a duly convened Board meeting at which quorum is met. Board Officers The Board of Directors shall select from among its members a Chair, Vice Chairs, and Secretary, each to serve a term of five (5) years, subject to reappointment or earlier removal by the Board in accordance with applicable governance policies and governing documents. C. Advisory Council Purpose The Advisory Council serves as a non-governing, non-fiduciary body providing strategic insight, expertise, and counsel to the CEO and Executive Leadership. Appointment Authority Advisors are appointed solely by the CEO Appointments may include leaders from business, finance, national security, technology, philanthropy, and public service Term Initial term of one (1) year Automatic annual renewal for up to five (5) consecutive years, subject to: Continued engagement and contribution Alignment with the Foundation’s values and objectives Ethical and reputational standing Authority Advisory role only No voting rights No fiduciary responsibility No operational control Annual Charitable Contribution Expectation Advisors are expected to make an annual charitable contribution to the Foundation, at a level commensurate with their capacity and commitment to the Foundation’s mission. All such contributions shall be treated as charitable donations, not compensation, fees, or consideration for service. Contributions are voluntary charitable donations and confer no special privileges. Continued service may be reviewed based on participation and support. D. Safeguards, Ethics & Removal All Directors and Advisors are subject to: Conflict of Interest Policy Code of Conduct Confidentiality obligations Any Director or Advisor may be removed for: Breach of fiduciary duty Ethical violations Reputational harm Failure to act in the best interests of the Foundation Removal authority remains with: The Board (for Directors) The CEO (for Advisors)
Article III — Human Capital, Corporate Structure & Governance
Grand Founders upholds fairness, inclusion, and performance excellence through a transparent human capital governance model. The CEO and Executive Leadership oversee all matters related to hiring, development, engagement, and offboarding. Core Principles: Equal opportunity and DEIB integration. Zero tolerance for discrimination, harassment, or retaliation. Transparent evaluation and growth pathways. Continuous learning and leadership development. A. Governance Framework The Foundation operates under a streamlined governance structure consisting of: Board of Directors Executive Leadership Advisory Council Each body operates with clearly defined authority, accountability, and ethical obligations consistent with federal and New York State nonprofit law. B. Board of Directors Composition The Board of Directors shall be composed of a limited number of Directors, determined from time to time by the Board based on the Foundation’s strategic needs, governance effectiveness, and fiduciary responsibilities. Directors shall be selected on the basis of integrity, sound judgment, demonstrated competence, and sustained alignment with the Foundation’s mission, values, and long-term objectives. Term Each Director shall serve an initial term of three (3) years. Terms shall automatically renew for successive three-year terms, subject to: Continued good standing; Fulfillment of fiduciary duties, including the duties of care, loyalty, and obedience; Ongoing compliance with conflict-of-interest, ethics, and conduct policies; Demonstrated support of the Foundation’s mission, sustainability, and institutional integrity. Meetings The Board shall convene no fewer than two (2) meetings per calendar year, with additional meetings held as necessary to fulfill its oversight and governance responsibilities. Voting Except as otherwise required by law or the Foundation’s governing documents, actions of the Board shall be approved by a majority vote of the Directors present at a duly convened meeting at which quorum is met. Responsibilities The Board of Directors bears ultimate responsibility for the governance and stewardship of the Foundation and shall exercise fiduciary oversight, including: Upholding the fiduciary duties of care, loyalty, and obedience; Approval of the Foundation’s strategic direction, annual budgets, and CEO plan; Evaluation, support, and oversight of the Chief Executive Officer; Ensuring legal, financial, regulatory, and ethical compliance; Safeguarding institutional credibility, reputation, and long-term sustainability. Strategic Support and Stewardship Directors are expected, when appropriate and at their discretion, to support the Foundation’s mission and strategic objectives by: Making thoughtful introductions to potential strategic partners, donors, advisors, or stakeholders; Assisting in the exploration and establishment of strategic partnerships; Providing professional insight, guidance, and support in areas aligned with their expertise and experience, where such input may materially strengthen strategic decision-making or institutional development; Participating in key programs, initiatives, or convenings where their expertise, standing, or network may add meaningful value. Such contributions are advisory and facilitative in nature and shall not constitute operational responsibilities, management authority, or involvement in day-to-day execution. Annual Charitable Contribution Expectation Directors are expected to make an annual charitable contribution to the Foundation, at a level commensurate with their capacity and commitment to the Foundation’s mission. All such contributions shall be treated as charitable donations, not compensation, fees, or consideration for service. Inability or failure to meet this expectation may be considered by the Board in connection with term renewal or continued service. Board Appointment Process New Directors may be nominated or recommended by the Chief Executive Officer, any sitting Director, or any member of the Advisory Council. Preference shall be given to qualified candidates who are active members of the Grand Founders Community and who demonstrate sustained alignment with the Foundation’s mission, values, and fiduciary standards. All nominations are subject to such review, vetting, and due diligence as the Board may determine appropriate. Appointment to the Board of Directors requires approval by a majority vote of the Directors present at a duly convened Board meeting at which quorum is met. Board Officers The Board of Directors shall select from among its members a Chair, Vice Chairs, and Secretary, each to serve a term of five (5) years, subject to reappointment or earlier removal by the Board in accordance with applicable governance policies and governing documents. C. Advisory Council Purpose The Advisory Council serves as a non-governing, non-fiduciary body providing strategic insight, expertise, and counsel to the CEO and Executive Leadership. Appointment Authority Advisors are appointed solely by the CEO Appointments may include leaders from business, finance, national security, technology, philanthropy, and public service Term Initial term of one (1) year Automatic annual renewal for up to five (5) consecutive years, subject to: Continued engagement and contribution Alignment with the Foundation’s values and objectives Ethical and reputational standing Authority Advisory role only No voting rights No fiduciary responsibility No operational control Annual Charitable Contribution Expectation Advisors are expected to make an annual charitable contribution to the Foundation, at a level commensurate with their capacity and commitment to the Foundation’s mission. All such contributions shall be treated as charitable donations, not compensation, fees, or consideration for service. Contributions are voluntary charitable donations and confer no special privileges. Continued service may be reviewed based on participation and support. D. Safeguards, Ethics & Removal All Directors and Advisors are subject to: Conflict of Interest Policy Code of Conduct Confidentiality obligations Any Director or Advisor may be removed for: Breach of fiduciary duty Ethical violations Reputational harm Failure to act in the best interests of the Foundation Removal authority remains with: The Board (for Directors) The CEO (for Advisors)
Article IV — Risk Management, Cybersecurity, Compliance & Audit
The CEO holds full responsibility for risk management, cybersecurity, compliance, and audit readiness. The CEO may appoint or retain qualified professionals (e.g., General Counsel, Compliance Officer, CISO, auditors) to ensure sound governance and integrity across all operations. Scope of Responsibility: Risk Management: Identification, mitigation, and monitoring of enterprise risks. Cybersecurity & Data Protection: Oversight of security, privacy, and resilience. Compliance: Adherence to all relevant laws and reporting requirements. Internal Controls: Preventing fraud and ensuring accountability. Audit: Coordination of independent external and internal reviews. The Board of Directors reviews periodic reports from the CEO on risk, compliance, and audit results, ensuring fiduciary oversight and continuous improvement.
Article IV — Risk Management, Cybersecurity, Compliance & Audit
The CEO holds full responsibility for risk management, cybersecurity, compliance, and audit readiness. The CEO may appoint or retain qualified professionals (e.g., General Counsel, Compliance Officer, CISO, auditors) to ensure sound governance and integrity across all operations. Scope of Responsibility: Risk Management: Identification, mitigation, and monitoring of enterprise risks. Cybersecurity & Data Protection: Oversight of security, privacy, and resilience. Compliance: Adherence to all relevant laws and reporting requirements. Internal Controls: Preventing fraud and ensuring accountability. Audit: Coordination of independent external and internal reviews. The Board of Directors reviews periodic reports from the CEO on risk, compliance, and audit results, ensuring fiduciary oversight and continuous improvement.
Article IV — Risk Management, Cybersecurity, Compliance & Audit
The CEO holds full responsibility for risk management, cybersecurity, compliance, and audit readiness. The CEO may appoint or retain qualified professionals (e.g., General Counsel, Compliance Officer, CISO, auditors) to ensure sound governance and integrity across all operations. Scope of Responsibility: Risk Management: Identification, mitigation, and monitoring of enterprise risks. Cybersecurity & Data Protection: Oversight of security, privacy, and resilience. Compliance: Adherence to all relevant laws and reporting requirements. Internal Controls: Preventing fraud and ensuring accountability. Audit: Coordination of independent external and internal reviews. The Board of Directors reviews periodic reports from the CEO on risk, compliance, and audit results, ensuring fiduciary oversight and continuous improvement.
Article V — Financial Authority, Business Development & Program Governance
A. Executive Authority The CEO holds full executive authority over the financial management, business development, operational execution, and external relationships of the Foundation, subject to the fiduciary oversight of the Board of Directors. The CEO is responsible for advancing the Foundation’s mission through disciplined capital deployment, responsible partnerships, and sustainable growth. B. Human Capital & Professional Engagement Authority The CEO holds exclusive authority to: Appoint, engage, evaluate, and terminate: Employees Contractors Consultants Advisors Professional service providers Define roles, scopes of work, compensation structures, and performance expectations This authority applies across all functional areas, including but not limited to: Finance and accounting Legal and compliance Cybersecurity and risk Technology and product Communications and partnerships Program execution and operations All human capital decisions must comply with applicable labor, tax, and nonprofit regulations. C. Programs & Initiatives Authority The CEO has full authority to design, launch, manage, and sunset programs and initiatives aligned with the Foundation’s mission, including: Entrepreneurial support programs Impact events Grantmaking and humanitarian initiatives Investments Strategic pilots and experimental initiatives Board Approval Threshold — Programs & Financial Commitments Board approval is required for any program, initiative, grant, donation, or financial commitment that exceeds $100,000 USD to any single organization, individual, or affiliated group in aggregate within a rolling twelve (12) month period. Anti-Circumvention Rule For clarity and compliance: Multiple payments, grants, or donations made to: The same organization Affiliated entities Controlled subsidiaries Related individuals Shall be aggregated. If the total exceeds $100,000 within one year, Board approval is required regardless of: Number of transactions Timing Payment structure Any financial commitment made in violation of this aggregation rule constitutes a governance breach. D. Contracts, Partnerships & Business Development Authority The CEO holds full authority to: Identify, negotiate, select, and execute agreements with: Partners Vendors Strategic partners Service providers Sponsors Donors Financial institutions Governmental or non-governmental entities Sign binding agreements on behalf of the Foundation Contractual Approval Threshold The CEO may independently execute any contract, agreement, or obligation provided that: The total financial obligation of the Foundation does not exceed $100,000 USD The threshold applies to: One-time payments Recurring obligations Cumulative commitments over twelve (12) months The obligation is assessed from both sides, including: Cash payments In-kind contributions Revenue-sharing commitments Contingent liabilities Board approval is required for any agreement where: The Foundation’s financial obligation exceeds $100,000 USD, or Multiple related agreements with the same counterparty aggregate above $100,000 USD annually E. Reporting & Transparency The CEO shall: Maintain accurate records of: Programs Grants Contracts Financial commitments Provide the Board with: Periodic summaries of financial activity Disclosure of any commitments approaching approval thresholds Advance notice of proposed transactions requiring Board approval F. Fiduciary Safeguards Nothing in this Article: Limits the Board’s fiduciary duties Overrides conflict-of-interest policies Permits private inurement or impermissible private benefit Supersedes federal, state, or regulatory requirements The Board retains full authority to: Review executive actions Revoke delegated authority Enforce corrective measures where governance standards are not met
Article V — Financial Authority, Business Development & Program Governance
A. Executive Authority The CEO holds full executive authority over the financial management, business development, operational execution, and external relationships of the Foundation, subject to the fiduciary oversight of the Board of Directors. The CEO is responsible for advancing the Foundation’s mission through disciplined capital deployment, responsible partnerships, and sustainable growth. B. Human Capital & Professional Engagement Authority The CEO holds exclusive authority to: Appoint, engage, evaluate, and terminate: Employees Contractors Consultants Advisors Professional service providers Define roles, scopes of work, compensation structures, and performance expectations This authority applies across all functional areas, including but not limited to: Finance and accounting Legal and compliance Cybersecurity and risk Technology and product Communications and partnerships Program execution and operations All human capital decisions must comply with applicable labor, tax, and nonprofit regulations. C. Programs & Initiatives Authority The CEO has full authority to design, launch, manage, and sunset programs and initiatives aligned with the Foundation’s mission, including: Entrepreneurial support programs Impact events Grantmaking and humanitarian initiatives Investments Strategic pilots and experimental initiatives Board Approval Threshold — Programs & Financial Commitments Board approval is required for any program, initiative, grant, donation, or financial commitment that exceeds $100,000 USD to any single organization, individual, or affiliated group in aggregate within a rolling twelve (12) month period. Anti-Circumvention Rule For clarity and compliance: Multiple payments, grants, or donations made to: The same organization Affiliated entities Controlled subsidiaries Related individuals Shall be aggregated. If the total exceeds $100,000 within one year, Board approval is required regardless of: Number of transactions Timing Payment structure Any financial commitment made in violation of this aggregation rule constitutes a governance breach. D. Contracts, Partnerships & Business Development Authority The CEO holds full authority to: Identify, negotiate, select, and execute agreements with: Partners Vendors Strategic partners Service providers Sponsors Donors Financial institutions Governmental or non-governmental entities Sign binding agreements on behalf of the Foundation Contractual Approval Threshold The CEO may independently execute any contract, agreement, or obligation provided that: The total financial obligation of the Foundation does not exceed $100,000 USD The threshold applies to: One-time payments Recurring obligations Cumulative commitments over twelve (12) months The obligation is assessed from both sides, including: Cash payments In-kind contributions Revenue-sharing commitments Contingent liabilities Board approval is required for any agreement where: The Foundation’s financial obligation exceeds $100,000 USD, or Multiple related agreements with the same counterparty aggregate above $100,000 USD annually E. Reporting & Transparency The CEO shall: Maintain accurate records of: Programs Grants Contracts Financial commitments Provide the Board with: Periodic summaries of financial activity Disclosure of any commitments approaching approval thresholds Advance notice of proposed transactions requiring Board approval F. Fiduciary Safeguards Nothing in this Article: Limits the Board’s fiduciary duties Overrides conflict-of-interest policies Permits private inurement or impermissible private benefit Supersedes federal, state, or regulatory requirements The Board retains full authority to: Review executive actions Revoke delegated authority Enforce corrective measures where governance standards are not met
Article V — Financial Authority, Business Development & Program Governance
A. Executive Authority The CEO holds full executive authority over the financial management, business development, operational execution, and external relationships of the Foundation, subject to the fiduciary oversight of the Board of Directors. The CEO is responsible for advancing the Foundation’s mission through disciplined capital deployment, responsible partnerships, and sustainable growth. B. Human Capital & Professional Engagement Authority The CEO holds exclusive authority to: Appoint, engage, evaluate, and terminate: Employees Contractors Consultants Advisors Professional service providers Define roles, scopes of work, compensation structures, and performance expectations This authority applies across all functional areas, including but not limited to: Finance and accounting Legal and compliance Cybersecurity and risk Technology and product Communications and partnerships Program execution and operations All human capital decisions must comply with applicable labor, tax, and nonprofit regulations. C. Programs & Initiatives Authority The CEO has full authority to design, launch, manage, and sunset programs and initiatives aligned with the Foundation’s mission, including: Entrepreneurial support programs Impact events Grantmaking and humanitarian initiatives Investments Strategic pilots and experimental initiatives Board Approval Threshold — Programs & Financial Commitments Board approval is required for any program, initiative, grant, donation, or financial commitment that exceeds $100,000 USD to any single organization, individual, or affiliated group in aggregate within a rolling twelve (12) month period. Anti-Circumvention Rule For clarity and compliance: Multiple payments, grants, or donations made to: The same organization Affiliated entities Controlled subsidiaries Related individuals Shall be aggregated. If the total exceeds $100,000 within one year, Board approval is required regardless of: Number of transactions Timing Payment structure Any financial commitment made in violation of this aggregation rule constitutes a governance breach. D. Contracts, Partnerships & Business Development Authority The CEO holds full authority to: Identify, negotiate, select, and execute agreements with: Partners Vendors Strategic partners Service providers Sponsors Donors Financial institutions Governmental or non-governmental entities Sign binding agreements on behalf of the Foundation Contractual Approval Threshold The CEO may independently execute any contract, agreement, or obligation provided that: The total financial obligation of the Foundation does not exceed $100,000 USD The threshold applies to: One-time payments Recurring obligations Cumulative commitments over twelve (12) months The obligation is assessed from both sides, including: Cash payments In-kind contributions Revenue-sharing commitments Contingent liabilities Board approval is required for any agreement where: The Foundation’s financial obligation exceeds $100,000 USD, or Multiple related agreements with the same counterparty aggregate above $100,000 USD annually E. Reporting & Transparency The CEO shall: Maintain accurate records of: Programs Grants Contracts Financial commitments Provide the Board with: Periodic summaries of financial activity Disclosure of any commitments approaching approval thresholds Advance notice of proposed transactions requiring Board approval F. Fiduciary Safeguards Nothing in this Article: Limits the Board’s fiduciary duties Overrides conflict-of-interest policies Permits private inurement or impermissible private benefit Supersedes federal, state, or regulatory requirements The Board retains full authority to: Review executive actions Revoke delegated authority Enforce corrective measures where governance standards are not met
Article VI — Adoption, Amendments & Records
Adoption: This Charter is adopted by resolution of the Board of Directors and serves as the governing framework of the Grand Founders Foundation. Amendments: May be proposed by any Director or the CEO. Amendments require legal review and a two-thirds majority vote of the Board. Records: The CEO (or designated Secretary) maintains all official records, including Board minutes, agreements, and filings, in accordance with federal and state regulations.
Article VI — Adoption, Amendments & Records
Adoption: This Charter is adopted by resolution of the Board of Directors and serves as the governing framework of the Grand Founders Foundation. Amendments: May be proposed by any Director or the CEO. Amendments require legal review and a two-thirds majority vote of the Board. Records: The CEO (or designated Secretary) maintains all official records, including Board minutes, agreements, and filings, in accordance with federal and state regulations.
Article VI — Adoption, Amendments & Records
Adoption: This Charter is adopted by resolution of the Board of Directors and serves as the governing framework of the Grand Founders Foundation. Amendments: May be proposed by any Director or the CEO. Amendments require legal review and a two-thirds majority vote of the Board. Records: The CEO (or designated Secretary) maintains all official records, including Board minutes, agreements, and filings, in accordance with federal and state regulations.
Code of Conduct
Code of Conduct
Grand Founders Code of Conduct
The Grand Founders Code of Conduct (the “Code”) represents the Foundation’s unwavering commitment to upholding its core values and ensuring that all actions and relationships reflect integrity, trust, and responsibility. It serves as the guiding framework for every individual and organization affiliated with Grand Founders — including Employees, Contractors, Volunteers, Board Directors, Donors, Sponsors, Partners, Investors, and Community. Every stakeholder bears the responsibility of understanding and adhering to this Code. Together with our culture — firmly rooted in Grand Founders’ core values — it functions as the moral and operational compass for all our activities, decisions, and interactions. The Code is overseen by the Board of Directors and implemented under the authority of the CEO, who ensures that it is integrated into all operational, strategic, and partnership activities of the Foundation.
Grand Founders Code of Conduct
The Grand Founders Code of Conduct (the “Code”) represents the Foundation’s unwavering commitment to upholding its core values and ensuring that all actions and relationships reflect integrity, trust, and responsibility. It serves as the guiding framework for every individual and organization affiliated with Grand Founders — including Employees, Contractors, Volunteers, Board Directors, Donors, Sponsors, Partners, Investors, and Community. Every stakeholder bears the responsibility of understanding and adhering to this Code. Together with our culture — firmly rooted in Grand Founders’ core values — it functions as the moral and operational compass for all our activities, decisions, and interactions. The Code is overseen by the Board of Directors and implemented under the authority of the CEO, who ensures that it is integrated into all operational, strategic, and partnership activities of the Foundation.
Grand Founders Code of Conduct
The Grand Founders Code of Conduct (the “Code”) represents the Foundation’s unwavering commitment to upholding its core values and ensuring that all actions and relationships reflect integrity, trust, and responsibility. It serves as the guiding framework for every individual and organization affiliated with Grand Founders — including Employees, Contractors, Volunteers, Board Directors, Donors, Sponsors, Partners, Investors, and Community. Every stakeholder bears the responsibility of understanding and adhering to this Code. Together with our culture — firmly rooted in Grand Founders’ core values — it functions as the moral and operational compass for all our activities, decisions, and interactions. The Code is overseen by the Board of Directors and implemented under the authority of the CEO, who ensures that it is integrated into all operational, strategic, and partnership activities of the Foundation.
A Culture Founded on Seven Core Values
Our culture is anchored in seven enduring values that define who we are and how we act: Dignity, Integrity, Liberty, Fidelity, Courage, Authority, and Legacy. These values compel us to be bold, thoughtful, and principled in advancing economic development and national security through responsible leadership and collaboration. We view ourselves as forces for good — committed to building prosperity, trust, and stability in ways that respect human dignity and empower communities for generations to come.
A Culture Founded on Seven Core Values
Our culture is anchored in seven enduring values that define who we are and how we act: Dignity, Integrity, Liberty, Fidelity, Courage, Authority, and Legacy. These values compel us to be bold, thoughtful, and principled in advancing economic development and national security through responsible leadership and collaboration. We view ourselves as forces for good — committed to building prosperity, trust, and stability in ways that respect human dignity and empower communities for generations to come.
A Culture Founded on Seven Core Values
Our culture is anchored in seven enduring values that define who we are and how we act: Dignity, Integrity, Liberty, Fidelity, Courage, Authority, and Legacy. These values compel us to be bold, thoughtful, and principled in advancing economic development and national security through responsible leadership and collaboration. We view ourselves as forces for good — committed to building prosperity, trust, and stability in ways that respect human dignity and empower communities for generations to come.
Upholding Our Core Values
We uphold our values through disciplined practice and governance excellence across all areas of our work. 1. Clear Mission Alignment We align all actions with Grand Founders’ mission of advancing economic development and national security through responsible leadership and trusted partnerships. 2. Robust Due Diligence We assess all partnerships and initiatives based on social, environmental, and ethical impact, ensuring that collaborators reflect the Foundation’s standards of integrity and responsibility. 3. Ethical Investment & Collaboration Guidelines All investment, sponsorship, and partnership decisions must align with Grand Founders’ values and principles of responsible impact. Activities are evaluated based on long-term value creation, ethical standards, and measurable outcomes. 4. Stakeholder Engagement We actively engage our community — including community members, partners, and investors — to ensure our work remains inclusive, transparent, and responsive to the needs of those affected by our initiatives. 5. Transparency & Accountability We maintain full transparency in operations, reporting, and decision-making. All official communications and announcements must be conducted through the Foundation’s verified email accounts or official website to preserve accuracy and accountability. 6. Collaborative Partnerships We collaborate only with individuals and organizations whose missions and ethics align with ours. Through shared expertise, resources, and commitment, we amplify our collective impact. 7. Continuous Learning & Improvement We actively evaluate our programs, learn from outcomes, and refine our strategies to strengthen alignment with our values and enhance the effectiveness of our initiatives. 8. Impact Measurement We employ rigorous methods to measure and evaluate the social, economic, and ethical impact of our work. This ensures that every initiative contributes to sustainable and meaningful change. By consistently applying these principles, we embed our values into every action, investment, and partnership — reinforcing our legacy of trust, accountability, and responsible leadership.
Upholding Our Core Values
We uphold our values through disciplined practice and governance excellence across all areas of our work. 1. Clear Mission Alignment We align all actions with Grand Founders’ mission of advancing economic development and national security through responsible leadership and trusted partnerships. 2. Robust Due Diligence We assess all partnerships and initiatives based on social, environmental, and ethical impact, ensuring that collaborators reflect the Foundation’s standards of integrity and responsibility. 3. Ethical Investment & Collaboration Guidelines All investment, sponsorship, and partnership decisions must align with Grand Founders’ values and principles of responsible impact. Activities are evaluated based on long-term value creation, ethical standards, and measurable outcomes. 4. Stakeholder Engagement We actively engage our community — including community members, partners, and investors — to ensure our work remains inclusive, transparent, and responsive to the needs of those affected by our initiatives. 5. Transparency & Accountability We maintain full transparency in operations, reporting, and decision-making. All official communications and announcements must be conducted through the Foundation’s verified email accounts or official website to preserve accuracy and accountability. 6. Collaborative Partnerships We collaborate only with individuals and organizations whose missions and ethics align with ours. Through shared expertise, resources, and commitment, we amplify our collective impact. 7. Continuous Learning & Improvement We actively evaluate our programs, learn from outcomes, and refine our strategies to strengthen alignment with our values and enhance the effectiveness of our initiatives. 8. Impact Measurement We employ rigorous methods to measure and evaluate the social, economic, and ethical impact of our work. This ensures that every initiative contributes to sustainable and meaningful change. By consistently applying these principles, we embed our values into every action, investment, and partnership — reinforcing our legacy of trust, accountability, and responsible leadership.
Upholding Our Core Values
We uphold our values through disciplined practice and governance excellence across all areas of our work. 1. Clear Mission Alignment We align all actions with Grand Founders’ mission of advancing economic development and national security through responsible leadership and trusted partnerships. 2. Robust Due Diligence We assess all partnerships and initiatives based on social, environmental, and ethical impact, ensuring that collaborators reflect the Foundation’s standards of integrity and responsibility. 3. Ethical Investment & Collaboration Guidelines All investment, sponsorship, and partnership decisions must align with Grand Founders’ values and principles of responsible impact. Activities are evaluated based on long-term value creation, ethical standards, and measurable outcomes. 4. Stakeholder Engagement We actively engage our community — including community members, partners, and investors — to ensure our work remains inclusive, transparent, and responsive to the needs of those affected by our initiatives. 5. Transparency & Accountability We maintain full transparency in operations, reporting, and decision-making. All official communications and announcements must be conducted through the Foundation’s verified email accounts or official website to preserve accuracy and accountability. 6. Collaborative Partnerships We collaborate only with individuals and organizations whose missions and ethics align with ours. Through shared expertise, resources, and commitment, we amplify our collective impact. 7. Continuous Learning & Improvement We actively evaluate our programs, learn from outcomes, and refine our strategies to strengthen alignment with our values and enhance the effectiveness of our initiatives. 8. Impact Measurement We employ rigorous methods to measure and evaluate the social, economic, and ethical impact of our work. This ensures that every initiative contributes to sustainable and meaningful change. By consistently applying these principles, we embed our values into every action, investment, and partnership — reinforcing our legacy of trust, accountability, and responsible leadership.
Guidance for All Stakeholders
All Employees, Contractors, Volunteers, Board Directors, Donors, Sponsors, Partners, Investors, and Community Members are expected to act in ways that promote a positive, ethical, and inclusive environment and to reinforce Grand Founders’ mission, vision, and culture. We All Agree To: 1. Conduct Ourselves with Integrity and Respect - Conduct all professional and business activities in a manner that reflects honorably upon ourselves, our colleagues, and the reputation of Grand Founders. - Refrain from discriminatory, inflammatory, hateful, sexual, or otherwise inappropriate comments or behavior. - Avoid unethical, illegal, or exploitative actions or activities. Respect the property, privacy, and intellectual contributions of others. 2. Support the Mission and Growth of Grand Founders - Understand, support, and promote Grand Founders’ mission and goals. - Participate in Foundation events and initiatives whenever reasonably possible. - Support the Foundation socially, professionally, and when appropriate, financially. - Identify opportunities to strengthen or expand the Foundation’s initiatives and networks. 3. Maintain Confidentiality and Protect Trust - Safeguard confidential and proprietary information. - Use discretion when discussing Foundation matters and refrain from sharing sensitive details externally without authorization. 4. Foster Collaboration and Inclusion - Treat all participants with respect and inclusion, valuing diverse perspectives and experiences. - Encourage open dialogue and constructive feedback that promotes collective learning and progress. 5. Uphold Professionalism and Accountability - Accept responsibility for our words, actions, and commitments. - Model ethical conduct in every professional setting. - Comply with all applicable laws, policies, and regulations. Oversight, Reporting, and Enforcement - The CEO holds full responsibility for ensuring adherence to this Code across all operations and stakeholder interactions. - The Board of Directors provides oversight through periodic review and may commission internal or external audits or investigations as needed. - Any violations of this Code should be reported confidentially to the CEO or Board Chair via the designated compliance channel. - Grand Founders will investigate reported concerns promptly, fairly, and with due regard for confidentiality and protection against retaliation. Commitment By engaging with Grand Founders, all stakeholders affirm their understanding of and commitment to this Code. This shared dedication to ethical behavior, respect, and accountability ensures that Grand Founders continues to build trust, advance prosperity, and sustain a legacy of responsible leadership for generations to come.
Guidance for All Stakeholders
All Employees, Contractors, Volunteers, Board Directors, Donors, Sponsors, Partners, Investors, and Community Members are expected to act in ways that promote a positive, ethical, and inclusive environment and to reinforce Grand Founders’ mission, vision, and culture. We All Agree To: 1. Conduct Ourselves with Integrity and Respect - Conduct all professional and business activities in a manner that reflects honorably upon ourselves, our colleagues, and the reputation of Grand Founders. - Refrain from discriminatory, inflammatory, hateful, sexual, or otherwise inappropriate comments or behavior. - Avoid unethical, illegal, or exploitative actions or activities. Respect the property, privacy, and intellectual contributions of others. 2. Support the Mission and Growth of Grand Founders - Understand, support, and promote Grand Founders’ mission and goals. - Participate in Foundation events and initiatives whenever reasonably possible. - Support the Foundation socially, professionally, and when appropriate, financially. - Identify opportunities to strengthen or expand the Foundation’s initiatives and networks. 3. Maintain Confidentiality and Protect Trust - Safeguard confidential and proprietary information. - Use discretion when discussing Foundation matters and refrain from sharing sensitive details externally without authorization. 4. Foster Collaboration and Inclusion - Treat all participants with respect and inclusion, valuing diverse perspectives and experiences. - Encourage open dialogue and constructive feedback that promotes collective learning and progress. 5. Uphold Professionalism and Accountability - Accept responsibility for our words, actions, and commitments. - Model ethical conduct in every professional setting. - Comply with all applicable laws, policies, and regulations. Oversight, Reporting, and Enforcement - The CEO holds full responsibility for ensuring adherence to this Code across all operations and stakeholder interactions. - The Board of Directors provides oversight through periodic review and may commission internal or external audits or investigations as needed. - Any violations of this Code should be reported confidentially to the CEO or Board Chair via the designated compliance channel. - Grand Founders will investigate reported concerns promptly, fairly, and with due regard for confidentiality and protection against retaliation. Commitment By engaging with Grand Founders, all stakeholders affirm their understanding of and commitment to this Code. This shared dedication to ethical behavior, respect, and accountability ensures that Grand Founders continues to build trust, advance prosperity, and sustain a legacy of responsible leadership for generations to come.
Guidance for All Stakeholders
All Employees, Contractors, Volunteers, Board Directors, Donors, Sponsors, Partners, Investors, and Community Members are expected to act in ways that promote a positive, ethical, and inclusive environment and to reinforce Grand Founders’ mission, vision, and culture. We All Agree To: 1. Conduct Ourselves with Integrity and Respect - Conduct all professional and business activities in a manner that reflects honorably upon ourselves, our colleagues, and the reputation of Grand Founders. - Refrain from discriminatory, inflammatory, hateful, sexual, or otherwise inappropriate comments or behavior. - Avoid unethical, illegal, or exploitative actions or activities. Respect the property, privacy, and intellectual contributions of others. 2. Support the Mission and Growth of Grand Founders - Understand, support, and promote Grand Founders’ mission and goals. - Participate in Foundation events and initiatives whenever reasonably possible. - Support the Foundation socially, professionally, and when appropriate, financially. - Identify opportunities to strengthen or expand the Foundation’s initiatives and networks. 3. Maintain Confidentiality and Protect Trust - Safeguard confidential and proprietary information. - Use discretion when discussing Foundation matters and refrain from sharing sensitive details externally without authorization. 4. Foster Collaboration and Inclusion - Treat all participants with respect and inclusion, valuing diverse perspectives and experiences. - Encourage open dialogue and constructive feedback that promotes collective learning and progress. 5. Uphold Professionalism and Accountability - Accept responsibility for our words, actions, and commitments. - Model ethical conduct in every professional setting. - Comply with all applicable laws, policies, and regulations. Oversight, Reporting, and Enforcement - The CEO holds full responsibility for ensuring adherence to this Code across all operations and stakeholder interactions. - The Board of Directors provides oversight through periodic review and may commission internal or external audits or investigations as needed. - Any violations of this Code should be reported confidentially to the CEO or Board Chair via the designated compliance channel. - Grand Founders will investigate reported concerns promptly, fairly, and with due regard for confidentiality and protection against retaliation. Commitment By engaging with Grand Founders, all stakeholders affirm their understanding of and commitment to this Code. This shared dedication to ethical behavior, respect, and accountability ensures that Grand Founders continues to build trust, advance prosperity, and sustain a legacy of responsible leadership for generations to come.