Governance is the need of the hour in the development sector in order to ensure and promote application of best management practices, compliance of law and adherence to best possible ethical standards. The entire management processes and practices of Admighty Foundation are in compliance with the principles of Good Governance’.
Making Policies & Decisions
Admighty Foundation, from the inception itself, works on a delegated work environment. Each and every person in the organization is involved in the process of decision making in a scientifically designed system. Making Policy & Decision in the Foundation are done through a four-tier system.
Departments & Divisions
Monthly review meetings are held for each division and department regularly.
The Executive Committee manages the Foundation’s operation directly and it reports to the Board of Advisors. Members of this committee are professionals working with Drishti Foundation Trust and it is mandatory to include a member from the Board of Advisors. The Executive Committee of Admighty Foundation holds a meeting each Quarter (every three months) and looks after day to day management.
The Board of Advisors comprises of technically competent people from diverse backgrounds and expertise. The body is formed for a period of one year and a few independent members with eminence and reputation are nominated each year. Members of this board also meet once every Quarter. The Board of Advisors advises the Trustees of Admighty Foundation, taking regular inputs from the Executive Committee.
Board of Trustees
The Board of Trustees sets the vision and broad guidelines for the Foundation and ensures good governance in liaison with the Board of Advisors; although, the Board of Trustees is not involved in the day to day operation of Drishti Foundation Trust. Credibility Norms Admighty Foundation encourages its partners to follow
For ensuring good governance in the development sector. Admighty Foundation also follows norms of good governance itself. The Foundation strives to build capabilities of its grassroots NGO partners towards good governance. The Governance & Credibility System includes a systematic set of norms, which is administered and monitored by a qualified Company Secretary.
Internal & Process Audit System
This is conducted throughout the year in order to ensure accountability in the internal operation of the organization.
Statutory Audit is held by the statutory auditor for finalization of balance sheet and statement of affairs. This is also done to comply with standard statutory norms. Audit reports are discussed with the Board of Trustees, Advisory Body and the Executive Committee to take suitable and necessary steps if required.