Governance
We make decisions, manage funds, and stay compliant in Aotearoa
We are committed to transparent, responsible, and lawful governance. Trustees act collectively to ensure all activities and funds advance our charitable purposes.
TransparencyDual authorisationAnnual reportingNZ charity law
Trustee composition & roles
- Minimum of two trustees at all times; Founder Zhuoyang Li serves as permanent Trustee and Chairperson.
- New trustees are nominated by existing trustees and must be approved by the Founder.
- Trustees oversee governance, financial stewardship, and delivery of charitable objectives.
Decision-making
- Major decisions (deed amendments, commitments over NZD $5,000, or winding up) require Chair approval.
- If votes are tied, the Chairperson holds a casting vote.
Funds & compliance
- All funds are applied solely to charitable purposes; no private distributions.
- Dual signatories required for all payments, including online banking; annual financial review conducted.
- Operates in accordance with the Charitable Trusts Act 1957 and New Zealand charity law.
Conflicts of interest
- Trustees declare and register conflicts; standing register reviewed regularly.
- Declarations made at the start of meetings when relevant.
- Conflicted trustees abstain from discussions and votes; recusals are minuted.
Controls & reporting
- Records & reporting: accurate minutes, secure document storage, and timely filings to the regulator.
- Meetings & resolutions: convened at least twice a year; unanimous written or electronic resolutions are valid.
- Banking & financial controls: trust accounts operate with dual authorisation and year-end closing on 31 March.
Legal compliance
Governing law & charitable compliance: The Trust operates under New Zealand law and will not undertake any activity that compromises charitable or donee status with Inland Revenue.