Charter

1- By this foundation deed, a foundation has been established under the name İSTANBUL İLİM VE KÜLTÜR VAKFI.

HEADQUARTERS OF THE FOUNDATION:

2- The headquarters of the foundation is in Istanbul. Branches may be opened in suitable locations as deemed necessary.

PURPOSE:

3- To promote the dissemination of knowledge and scholarly work, while adhering to national, moral, religious, and historical principles, and to ensure that individuals are educated in accordance with these principles and develop their character.

ACTIVITIES TO BE CARRIED OUT TO ACHIEVE THE PURPOSE

To fulfil the purpose stated above;

• a) To establish printing houses, libraries, education halls and facilities, and to organise vocational and technical training courses.
• b) To conduct and commission theoretical and applied research in every field of knowledge, and to encourage such work; to support completed research and organise competitions in this area.
• c) To publish scholarly, literary, and religious works in the form of journals, books, brochures, and similar publications.
• d) To provide material and moral assistance to individuals and organisations working in accordance with the foundation’s purpose. To provide the necessary material and moral support, award non-repayable scholarships, establish dormitories, and provide accommodation for those engaged in secondary and higher education, undergraduate, postgraduate, master’s, doctoral, and similar specialised studies in Türkiye and abroad.
• e) To establish primary, secondary, and university-level schools in compliance with the conditions required by law; to open private tutoring centres and organise courses; to establish private hospitals, clinics, and dispensaries; and to open childcare centres and kindergartens, as well as charitable homes such as boarding houses and almshouses for children in need of care and without families.
• f) To establish relations with domestic and foreign scholars and institutions in accordance with the foundation’s purpose; to organise and participate in conferences and seminars; and to provide all kinds of assistance to scholars wishing to participate.
• g) To invest and increase the foundation’s assets through economic, commercial, and industrial activities, together with the imports and exports required by these activities.
• h) To administer the income from movable and immovable property donated to the foundation; to acquire all kinds of means of transport for use in the foundation’s work; and to import the tools and machinery required for use in the facilities it establishes.
• i) To accept and administer conditional transfers and allocations under terms deemed appropriate by the Board of Trustees.
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THE FOUNDATION’S ASSETS AND INCOME:

4- The foundation’s assets consist of the following immovable property:

Fatih, 2nd district, Hobyar, Kasabbaşı, block: 1132, plot: 114; map sheet: 228, basement floor, apartment no. 1;

Fatih, Karagümrük, Keçeci Karabaş neighbourhood, block: 1607, plot: 3, map sheet: 330, apartment no. 2. Together with donations of 20,000 TL from each member of the Board of Trustees, the total is 220,000 TL.

5- The foundation’s income comprises the income derived from investing its assets; all kinds of movable and immovable property accepted by the foundation; rights having monetary value; shares, bonds, usufruct certificates, securities, instruments evidencing claims to securities, and coupons of domestic and foreign companies; as well as cash donations pledged monthly or annually by those who have become honorary members of the foundation.

GOVERNING BODY OF THE FOUNDATION:

6- The governing body of the foundation consists of the Board of Trustees. The Board of Trustees comprises 11 members.

They are:

• Said Yüce                              : Chairman of the Board of Trustees
• İlyas Karademir                   : Vice Chairman
• Av. Orhan Gülgün               : Treasurer
• Orhan Canpolat                   : Secretary
• Ferhat Bakgör                      :  Cashier
• Veysel Bakgör                      : Member
• İbrahim Kurt                       : Member
• Zubakir Fetih Birgeoğlu    : Member
• Ömer Güzeldemirci            : Member
• Bayram Özer                        : Member
• Rüstem Ülker                      : Member

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FILLING VACANCIES ON THE BOARD OF TRUSTEES:

7- If a vacancy arises on the Board of Trustees for any reason, the members of the Board of Trustees must elect a replacement within three months of the vacancy. The election shall be held by a two-thirds majority of the existing Board of Trustees. Following the election, the matter shall be reported to the relevant authorities. Members who fail to attend three consecutive meetings of the Board of Trustees without a valid excuse shall be deemed to have resigned.

DUTIES AND POWERS OF THE BOARD OF TRUSTEES:

8 – The Board of Trustees is authorised to make and implement all decisions and take the necessary measures to realise the foundation’s purpose.

9 – The Board of Trustees is required to meet once every two months. At these meetings, the work carried out and decisions taken to realise the foundation’s purpose shall be reviewed. The foundation’s assets shall also be assessed, and new decisions shall be taken.

A majority constitutes a quorum. Decisions shall be made by a majority of those attending the meeting.

In addition to its regular meetings, the Board of Trustees shall also convene when necessary upon the written request of its chairman or two members of the Board of Trustees.

10 – The Board of Trustees may employ staff to implement its decisions and conduct the foundation’s affairs.
The duties and responsibilities, working arrangements, and remuneration of the staff employed shall be determined and established by a decision of the Board of Trustees.

11 – For the purposes of the foundation, the Board of Trustees is authorised to acquire and sell immovable property; accept the establishment of mortgages in favour of or against the foundation and discharge them; establish real rights such as rights of usufruct and habitation and relinquish such rights; convert joint ownership into co-ownership; accept in-kind and cash donations without restriction on their value, except for legal limitations; and accept gifts of immovable property. It is also authorised to decide on the settlement and release of claims in lawsuits, to waive claims, and to accept such waivers.

PREPARATION OF THE BUDGET:

12 – At the beginning of each financial year, the Board of Trustees shall prepare a balance sheet showing the financial position, as well as an annual budget indicating the expenditure to be made on each activity in the new year and the estimated income. “As a rule, 80% of the gross income earned during the year shall be spent on the foundation’s purposes.”

13 – Where necessary, the Board of Trustees may entrust specialists with activities undertaken to realise the foundation’s purpose. It shall obtain their opinions and, where necessary, establish executive committees.

14 – No payment shall be made to members of the Board of Trustees for their work relating to the foundation. However, necessary expenses incurred in the performance of their duties shall be covered by the foundation. Appropriate remuneration shall be paid for their work to persons temporarily or permanently employed, those whose opinions are sought, and members of executive committees established by the Board.

ALLOCATION OF DUTIES:

15 – Each year, the Board of Trustees shall allocate duties among its members.

These duties are;

• a – Presidency,
• b – Vice Presidency,
• c – Secretaryship,
• d – Accountancy,
• e – Treasurership.
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DUTIES OF THE PRESIDENT AND REPRESENTATION OF THE FOUNDATION:

16 – The President chairs the Board of Trustees. The President represents the Foundation before official and private authorities in judicial, administrative, financial and other matters. The President conducts lawsuits and enforcement proceedings for or against the Foundation, personally or through a representative appointed by the President.

17 – The Vice President chairs meetings of the Board of Trustees when the President is absent and carries out the President’s other duties.

18 – Secretary: Manages correspondence. Prepares and classifies the necessary documents and files them.

19 – Accountant: Handles the Foundation’s accounting affairs. Where necessary, arranges for specialists to perform accounting duties on a permanent or temporary basis.

20 – Treasurer: Makes payments required by the budget or by decisions of the Board of Trustees, and safeguards income and valuable documents. The Treasurer is authorised to collect and receipt funds received on behalf of the Foundation from the places to which they are due. By decision of the Board of Trustees, this authority may be assigned to another member of the Board or to an external person.

21 – In matters that incur financial obligations for the Foundation, the Foundation shall be represented by two signatures, and the Foundation’s seal shall be used. The two signatures shall be those of the President and Vice President, the President and Accountant, or the President and Treasurer.

AMENDMENTS TO THE FOUNDATION DEED

22 – The Board of Trustees decides whether amendments are to be made to the Foundation deed. Deliberation on and approval of an amendment shall be by a majority of the Board of Trustees.

23 – If it becomes impossible to fulfil the Foundation’s purpose, the Board of Trustees shall convene by majority and decide, by a two-thirds vote, to terminate the Foundation. At the same time, it shall decide where the Foundation’s remaining assets are to be transferred.

If the Foundation terminates for reasons beyond the will of the Board of Trustees, its assets shall be transferred to another foundation whose purpose is closest to its own.