Introduction

Based on the view that the establishment of business connections and cooperation need not be a goal in itself, the NASBF is firmly committed to offering assistance to those who most need it. The NASBF will identify those institutions who need this form of assistance and will, in accordance with its financial and organizational capacities, seek to support the selected institutions with the provision of appropriate donations.

The NASBF will seek to establish a minimum once-yearly large-scale event intended to raise significant funds, as well as to consider and use opportunities to join in and/or organize smaller-scale donation activities on an ad hoc basis.

In the light of the NASBF mission and the fact that involvement in providing donations is not part of the basic orientation of the Business Forum, it must be emphasized that such involvement must be regarded as secondary only with regard to the relatively modest capacities available for it, but not with regard to the positive attitude behind it.

By decision of the NASBF Executive Board, this Donation Policy came into force on the 12/26/2006.

1. Categories of donation recipient

1.1.
Recipients of donations are legal entities.

1.2.
Recipients of donations should be in the category of institutions providing accommodation and care for children, handicapped persons or scientific research, health and cultural institutions.

1.3.
In exceptional cases, the NASBF may participate directly, using its own resources, or indirectly, in the motivating of its members, in humanitarian campaigns oriented towards individuals.

2. Selection of donation recipients

2.1.
All members of the Business Forum, as well as partner organizations, are invited to tender their suggestions for donation recipients. Suggestions should be submitted to the Chairman of the Donations Board.

Considering the organizational capacities of the NASBF, suggestions regarding beneficiaries and types of donation will be taken into consideration only if they are received from members and partner associations.

2.2.
The Executive Board of the NASBF, in cooperation with the Donations Board, will make the selection of donation recipients. The NASBF reserves discretionary rights of selection, with no obligation to justify its decision.

2.3.
Once the decision is taken, the president of the Donations Board will inform the donation recipient of the decision and other relevant details.

3. Donation approval procedure

3.1.
The NASBF Donations Board is responsible for proposing donations and for monitoring their implementation. Upon analysis of the costs for the implementation of the donation and of requests for possible involvement of other subjects or official authorities, bodies or institutions, the Donations Board will deliver a report to the Executive Board with a detailed plan of implementation for the individual donation.

3.2.
The NASBF takes full responsibility for monitoring the award of the donation and takes full moral and material responsibility during the implementation of the donation.

3.3.
In the course of implementation of a donation in cooperation with one or more participants or donors, the NASBF shall, if it is the proposer or chief organizer, supply a complete organizational and financial plan to the other participants, as well as require full reciprocity in this regard, as a prerequisite any participation.

3.4.
In the event of a donation being made which entails particular works being carried out, the NASBF takes responsibility for procuring the works required by the donation in accordance with the law, and for handover to the end user.

3.5.
The NASBF may place conditions on the award of the donation by way of a contractual obligation on the end user to care for the awarded resources in an appropriate and acceptable manner.

4. Transitional and final provisions

4.1.
The NASBF shall respect requests for anonymity by individual donors or donation participants.

4.2.
Amendments and additions to this Donation Policy are made in the same way and according to the same procedure as that used in its making, by decision of the Executive Board.

4.3.
This donation Policy comes into force the day after its approval by the Executive Board of the NASBF.