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 Purposes & Activities Organization & Financing Per Jacobsson Biography Founding Sponsors Directors & Officers Events Lectures |
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 The Per Jacobsson Foundation was organized in the United States of America as a corporation under the District of Columbia Non-Profit Corporation Act which provides for the creation of non-profit organizations of a charitable, scientific, literary or educational nature. The Foundation is exempt from Federal income tax. Copies of the Articles of Incorporation of the Foundation are available for examination. The Foundation's capital stems from contributions made by the Bank for International Settlements, together with the Central Banks represented on its Board, and the International Monetary Fund, when the Foundation was established. In addition, many private persons and institutions made individual contributions, both large and small. The capital is at present about $500,000 and the income is devoted entirely to supporting the activities of the Foundation.
The Foundation has an unsalaried Board of Directors, consisting at present of Sir Andrew Crockett (Chairman), Abdlatif Y. Al-Hamad, Nancy Birdsall, Michel Camdessus, E. Gerald Corrigan, Rodrigo de Rato, Malcolm D.Knight, Horst Köhler, Edwin M. Truman, Leo Van Houtven, and Jacob Wallenberg. Officers of the Foundation, unsalaried, are chosen by the Directors. The present officers are: President, Leo Van Houtven; Vice President and Secretary, Graham Hacche; Treasurer, Chris Hemus. The International Monetary Fund makes available legal and administrative services, and office space. The Honorary Chairmen of the Foundation: Eugene R. Black and Marcus Wallenberg. Past Chairmen: W. Randolph Burgess, William McC. Martin, Sir Jeremy Morse and Jacques de Larosière. Past Presidents: Frank A. Southard Jr. and Jacques J. Polak. The Foundation issues periodical reports on its activities, including full financial statements. Its accounts are audited by an independent auditor.
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