Purpose
The Elizabeth Ngozi Igbinovia Foundation for Christ is unwavering in its commitment to driving transformative change for widows and orphans. It embodies the highest standards of ethics, transparency, and accountability in all operations. This Compliance Policy is designed to ensure that our foundation not only meets but exceeds all applicable laws, regulations, and standards.
Scope
This policy applies to all employees, volunteers, partners, and contractors associated with the Elizabeth Ngozi Igbinovia Foundation for Christ.
Compliance Principles
1. Respect for the Law: We are dedicated to full compliance with all laws, regulations, and standards governing non-profit organizations in every country where we operate.
2. Ethical Conduct: We uphold the highest ethics, integrity, and transparency standards in every action we take.
3. Accountability: We take responsibility for our actions and decisions without compromise.
4. Transparency: We prioritize transparency throughout our operations, ensuring our stakeholders are well-informed.
Compliance Areas
1. Financial Management: We maintain precise and transparent financial records, adhere to economic regulations, and ensure all funds are used responsibly.
2. Governance: Our governance structure is robust, ensuring board independence and compliance with governance regulations.
3. Human Resources: We are committed to fair and transparent HR practices, fully compliant with labour laws while promoting a safe and vibrant workplace.
4. Program Implementation: Our programs are executed strictly with donor requirements and all relevant governance laws and regulations.
Compliance Procedures
1. Reporting Mechanisms: We have established effective monitoring and reporting mechanisms for compliance concerns, including robust whistleblowing procedures.
2. Investigation Protocols: Our foundation has implemented strong internal investigation protocols to address any compliance issues swiftly and effectively.
3. Disciplinary Actions: We will enforce disciplinary actions for non-compliance with prevailing labour laws, ensuring accountability.
Compliance Monitoring and Review
1. Compliance Officer: A dedicated Compliance Officer will oversee adherence to compliance concerns throughout the organization.
2. Compliance Committee: We will establish a Compliance Committee to provide guidance, oversight, and strategic direction.
3. Regular Reviews: We will conduct routine reviews of our compliance policy and procedures to ensure their ongoing relevance and effectiveness.
Training and Awareness
1. Compliance Training: We provide comprehensive compliance training for all employees, volunteers, and partners to foster a culture of accountability.
2. Compliance Awareness: Our commitment to compliance awareness is communicated through various internal and external channels, promoting a shared understanding of our principles.
Acknowledgement
All employees, volunteers, partners, and contractors of the Elizabeth Ngozi Igbinovia Foundation for Christ must acknowledge that they have read, understood, and will adhere to this Compliance Policy.
Review and Update
This Compliance Policy will be reviewed annually and updated as necessary to remain effective and relevant.
Through implementing this Compliance Policy, the Elizabeth Ngozi Igbinovia Foundation for Christ firmly establishes its commitment to the highest standards of ethics, transparency, and accountability.