The Moremi Foundation shall be the Fiscal Agent and non-profit fundraising tool of the Egbe Omo Yoruba North America. Its purpose is to fund the educational, social, cultural and other charitable activities and programs of the Egbe.
The President of the Egbe Omo Yoruba North America shall subject to the approval of the National Executive Committee of the Egbe Omo Yoruba, North America, appoint members of the Board of Directors of the Moremi Foundation. The Moremi Board shall consist of seven (7) members consisting of:
- Five active and dedicated members of the Egbe Omo Yoruba, North America with proven experience and professional expertise in such area as business, finance, community service accounting and administration;
- The serving President of the Egbe Omo Yoruba; and
- A business or community leader of Yoruba Heritage.
The initial Board member shall serve for a minimum of three years but not more than five (5) years. All subsequent terms shall be for a maximum of 3-year period with no Board member serving for more than two (2) terms.
CONSTITUTION LAST RATIFIED ON: August 7, 2010, Baton Rouge, LA
March 31st 1995
Washington, District of Columbia USA
Amended on January 28, 1999, Tampa Fl
Ratified on August, 1999, Atlanta, GA
Amended on June 12, 2004, St. Louis, MO
Ratified on July, 31, 2004, Nashville, TN
Amended on May 21, 2005, New York
Ratified on August 13, 2005, Atlanta, GA
Amended on May 27, 2006, Jacksonville, FL
Ratified on August 12, 2006