Akshara Charitable Trust is governed by a small, accountable Board of Trustees, currently led by its founder and one board member.
Founder of Akshara Charitable Trust. Rahul Gowda N.A personally drafted the Trust Deed and executed it on 6th March 2020 in Bangalore, at age 27, contributing the Trust's initial corpus. As Managing Trustee, he acts as the Board's chief executive officer — authorised to open and operate local bank accounts individually, borrow on the Trust's behalf, appoint up to six additional trustees, and sign official correspondence.
A founding member of the governing board, resident at the Trust's registered address. Foreign-transaction bank accounts require her joint signature alongside the Managing Trustee's.
Managed by a Board of Trustees with a minimum of 2 and a maximum of 9 trustees.
The Managing Trustee can appoint up to 6 additional trustees, each serving a renewable 3-year tenure.
The Board meets at least once every 3 months. Quorum is 2 trustees or 60% of members, whichever is greater; decisions pass by simple majority.
Meetings require one week's advance notice. Resolutions can also be passed by circulation, with two-thirds of trustees consenting in writing.
All official correspondence is signed by the Managing Trustee or an authorised signatory acting on the Board's behalf.
The Managing Trustee operates local accounts individually; foreign-contribution accounts need a joint signature with the second founder trustee.
The Trust Deed sets out clear conditions under which a trustee's position ends, and how the resulting vacancy is filled.
A trustee's office ends on death or voluntary resignation.
Office ends if a trustee is declared insolvent by a court.
Office ends on conviction for an offence involving moral turpitude.
Office ends if a trustee acts in a manner prejudicial to the Trust's interests.
Vacancies arising from any of the above are filled by nomination from the Trust's remaining trustee members.
The Trust Deed, executed 6th March 2020, was witnessed by:
Bharat Nagar, Thanisandra, Bangalore–77
Nagawara, Bangalore–43
