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The Winnipeg Foundation Act

R.S.M. 1990, c. 222

The Winnipeg Foundation Act

Table of Contents

1 Definitions
2 Foundation continued
(2) Composition of Foundation
3 Objects of Foundation
(2) Restriction on benefits
4 Appointment of Board
(2) Number of Board members
(3) Mayor of Winnipeg ex officio
(4) Members to reside in province
(5) Appointors eligible for appointment
(6) Term of office
(7) Vacancies
5 Powers
6 Appointment of Custodians
(2) Consideration given to donor's wishes
(3) Qualifications of Custodians
(4) Revocation off appointment
(5) Duties of Custodian
7 Investments
8 Consolidated Trust Fund
(2) Operation of Fund
(3) Direction of donor
9 Use of income
(2) Powers of Board on distribution
(3) Discretion exercised by Board
(4) Carrying out wishes of donors
(5) Variation of directions
10 Officers and Employees
11 By-laws
12 Donations
13 Liberal construction
14 Transfer of certain trust properties
15 Benefit of places outside Winnipeg
16 Trust with future effect
17 Audit
18 Transfer of assets of U. of M. Foundation
19 The Corporations Act