The Sirius Minerals Foundation is an independent charity. Its strategic direction and funding decisions are overseen by a board of seven trustees. The trustees are responsible for the day-to-day running of the Foundation, together with the evaluation and approval of funding for local projects, and are guided by the Foundation’s Articles of Association.
The trustees are appointed by three members of the Foundation. The members are: Sirius Minerals Plc and two independent members. The company appoints three trustees, whilst the remaining four trustees are appointed by the independent members. The members are the only people who may appoint trustees or make changes to the Foundation’s Articles of Association. However, any changes must be agreed unanimously and ratified by the Charity Commission.
The Sirius Minerals Foundation is a charity registered with the Charity Commission for England and Wales. Charity number: 1163127