Friends of Interlakes Foundation
Objective & remuneration policy
Interlakes International School is part of the Friends of Interlakes Foundation, based in the Netherlands. The foundation aims to:
a. provide good education within the framework of Christian witness to children from the area of Debre Zeit (Ethiopia)
b. the performance of all further acts related or conducive to the foregoing in the broadest sense.
In accordance with art.3.5 of the bylaws, board members do not receive remuneration for their work. However, they are entitled to reimbursement of expenses incurred by them in the performance of their duties. The foundation employs no staff.
The Foundation’s policy is to achieve its objective by:
- Providing education at local cost
- raising funds
- establishing/managing private institutions, whose main purpose is to provide quality education
The foundation is non-profit. All proceeds raised benefit the objective. Any surplus of the dissolved foundation must be spent in accordance with the purpose of the foundation or must be distributed to a charitable institution.
Recruitment and management of funds
The foundation raises funds for the purpose through the following activities:
- attracting sponsors for poor students;
- presentations at schools and businesses;
- concerts and other gatherings;
- donations from individuals and corporations.
The foundation spends the income obtained in accordance with the objective on the project:
Interlakes International School in Debre Zeit (Ethiopia).
The administration of the foundation is handled by Mr. J.L. Walhout, treasurer of the board. Income and assets are managed by the Board. The foundation fulfills its publication obligation by publishing its annual report on this website.
Publication of annual reports
Below you can download the annual reports of the Friends of Interlakes Foundation. Previous annual reports can be requested from the board.
Friends of Interlakes Foundation is governed by:
- Pieter Kleinjan (chairman)
- Alita Walhout (secretary)
- Hans Walhout (treasurer)
- Mark Gerritsen
- Anke Hofman
- Tim Veldman
Sponsorship contact: Alita Walhout(firstname.lastname@example.org)
Interlakes International School Plc
P.O. Box 1766
Telephone: +251 11 433 2911
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