Title Two

ARTICLE 4

The Foundation’s endowment fund consist of:

a) the allocation of € 503,000.00 (three thousand five hundred,zero zero);

b) bequests, donations and gifts by organizations and individuals;

c) contributions of Adherents;

d) the reserve funds.

ARTICLE 5

The Foundation provides for the achievement of its objectives with its assets, invested in accordance with the existing opportunities in the market.

A portion of the revenues of the endowment fund, to the extent determined annually by the Board of Directors, is set aside in a statutory reserve fund; other reserve funds with a specific destination can also be created..

Altri titoli

Title Three

Benefactors and adherents

Title Four

Bodies

Title Five

Financials

Title Six

(Italiano) Estinzione