The charitable organization “Borys Paton Charitable Foundation” (hereinafter referred to as the Foundation) is a non-governmental, voluntary, autonomous, charitable, non-profit organization established as a charitable foundation, which unites on a voluntary basis legal entities and citizens of Ukraine and foreigners who have attained the age of 18, to perform the tasks stipulated by the Charter in order to carry out charitable activities in the interests of society and individuals.
The previous name of the Foundation was the Charitable Organization “Charitable Foundation for Social Protection of Members of the National Academy of Sciences of Ukraine and Their Families”.
The Foundation has the status of a legal entity, it possesses its independent balance sheet, accounts in banking institutions, a seal and stamps with its name, letterheads, and may also have logos and other attributes.
The main tasks of the Foundation’s charitable activities include:
- providing charitable assistance to members of the NAS of Ukraine and their families to improve their social situation, including medical treatment and rehabilitation;
- financing the activities aimed at perpetuating the memory of Academician of the NAS of Ukraine B.E. Paton and other outstanding scientists, in particular, the installation of memorial plaques, monuments, memorial signs, organizing exhibitions, etc.
If the appropriate funds are received from benefactors, the Foundation is ready to expand its activities to other areas of support for scientific and educational projects, which are provided for by its Charter.
The main sources of the Foundation’s assets (income) formation today are contributions from the Foundation’s participants and other benefactors.
The participants of the Foundation are its founders and other participants who have joined the Foundation pursuant the procedure established by its Charter. The participants of the Foundation may be capable individuals and legal entities, except for state authorities, local governments, and other legal entities under public law. At the time of the Foundation registration, its participants were 311 academicians and corresponding members of the NAS of Ukraine.
The governing bodies of the Fund are:
- General Meeting of the Foundation’s participants;
- The Board of the Foundation;
- Executive Director of the Foundation;
- Supervisory Board of the Foundation.