Automatgenererad bild.
Published

28 June 2012

Statutes

Purpose

Article 1. The purpose of the Foundation, whose name shall be the Foundation for Strategic Environmental Research, is to fund research of strategic importance for a good living environment.

The Foundation shall promote the development of strong research environments of the highest international class with importance for Sweden´s future ompetitiveness. The research shall be of importance for finding solutions to important environmental problems and for a sustainable development of society. Opportunities for achieving industrial applications shall be taken advantage of.

Endowment

Article 2. The Foundation´s endowment consists of the funds which have been transferred to the Foundation as of 2 December 1993 by Government decision plus whatever funds may be transferred to the Foundation thereafter as additional foundation capital.

Activities

Article 3. The activities of the Foundation shall be built up gradually based on the Foundation´s own, independent judgements and the special nature that shall distinguish the activities according to what is said below. The research activities may range from pure basic research to applied research, and, not least, areas in between.

The Foundation shall be distinguished by the special nature of its activities as described below:

  • concentration of efforts so that research centres or research areas with international impact can be established,
  • projects and programs that span the boundaries between disciplines,
  • establishment of networks or more permanent forms of collaboration nationally and internationally, including establishment of an international researcher exchange program,
  • promotion of training and recruitment of researchers,
  • research centres or research areas in close association with universities and colleges,
  • collaboration between universities and colleges on the one hand and industry on the other hand when it comes to research within fields that are of particular interest to industry and
  • mobility of researchers both across international borders and between universities/colleges, institutes and companies.

    The activities of the Foundation may eventually entail that the Foundation´s endowment is used up.

Board of trustees

Article 4. The Foundation´s affairs shall be managed by a Board comprised of ten members. Two members are to appointed by the Swedish government. At least one of the members appointed by the government shall have relevant economic skills for Board work. The other members are appointed by the Mistra Board, as follows:

  • two members are appointed following proposals by the managing directors of: the Swedish Research Council; the Swedish Council for Working Life and Social Research; the Swedish Research Council Formas, and; the Swedish Governmental Agency for Innovation Systems,
  • two members are appointed following proposals from universities and colleges,
  • three members are appointed following proposals from: the Royal Swedish Academy of Sciences; the Royal Swedish Academy of Engineering Sciences, and; the Royal Swedish Academy of Agriculture and Forestry and
  • one member is appointed by the Board.

Prior to submitting proposals for new Board members, the proposing organizations in 1-3 above shall consult each other for the purpose of achieving a comprehensive Board composition, with respect to competencies and gender.

The term of office for Board members is three years renewable for one term. Should a Board member resign during his/her term of office, a new member shall be appointed for the remainder of the term. One such new member shall be proposed in the same manner as the departing member who s/he succeeds.Board members that are appointed by the government are dismissed by the government. Other members are dismissed by the Board.

Article 5. The Board shall appoint a Chair and Vice Chair from among its members.

Article 6. The Board has its headquarters in Stockholm. The Board is convened by the Chair or upon request of at least three members. When the Board adopts decisions under the second paragraph of §4 to appoint Board members for an upcoming term, however, the Board shall decide at the same time decide whether to convene the newly elected Board for a first meeting. The Board has a quorum when more than half the members are present, including the Chair or, in his/her absence, the Vice Chair. Protocols shall be taken at Board meetings.

Decision-making rules

Article 7.  Decisions shall be carried by a simple majority of votes, except in such cases as set forth in Article 8. In the event of a deadlock the chairman shall cast the deciding vote.

Article 8.  With regard to decisions on applications for permutation of the Foundation decree or for execution of changes in accordance with a permutation decision, at least three quarters of all the board members must vote for the decision.

Asset management etc.

Article 9. The board of trustees is responsible for ensuring that the Foundation´s assets are managed satisfactorily with limited risk and a good rate of return.

Article 10. The board of trustees may take a loan from a credit institution in order to meet a temporary need for liquidity.

Authorization to represent the Foundation

Article 11.  The person or persons appointed by the board of trustees are authorized to sign on behalf of the Foundation.

Accounts and audits

Article 12.  The Foundation shall keep accounts in accordance with the provisions of the Swedish Accounting Act. The Foundation´s financial year shall be the calender year. The board of trustees shall adopt a special budget for the coming financial year.

Article 13.  The board of trustees shall prepare an annual report based on the final accounts for each financial year. The annual report shall consist of a profit and loss account and balance sheet plus a management report,  which shall, in addition to the usual information, contain information on how the purposes of the Foundation have been fulfilled during the financial year.

Article 14. The Foundation´s accounts and annual financial statements, as well as the Board´s administration, shall be audited by two auditors, of which at least one must be licensed. Individual substitutes shall be appointed for the auditors.

Chapter 4. §1, fourth paragraph of the Foundation Act (1994:1220), compared with 2 § 5 Act (2002:1022), regarding auditing of government activities, etc. indicates that the Swedish National Audit Office may appoint one or more auditors to participate in the audit, together with other auditors.

Article 15.  The board of trustees shall make the annual report available to the auditors for examination not later than four months after the end of the financial year.

Article 16.   If the auditors prescribed in Article 14 first paragraph so request, a meeting of the board of trustees shall be convened.

Article 17.  After the audit has been completed, the Foundation shall send a copy of the annual report and the auditors´ report to the Royal Swedish Academy of Sciences, the Royal Swedish Academy of Engineering Sciences and the Royal Swedish Academy of Agriculture and Forestry.

Evaluation etc.

Article 18. The Royal Swedish Academy of Sciences, the Royal Swedish Academy of Engineering Sciences and the Royal Swedish Academy of Agriculture and Forestry shall be entitled to examine the Foundation´s activities.

Article 19.  The board of trustees shall see to it that the research funded by the Foundation is evaluated regularly.

The Foundation shall furthermore annually publish and give wide distribution to a more popular account of its activities.

Oversight

Article 20.  The Foundation is exempted from oversight according to the Act (1929:116)  on oversight of foundations.