The FIA Foundation is a company limited by guarantee and registered as a charity in the UK (No. 1088670). The Foundation is independent and under the control of its Trustees who are required to act within the powers conferred upon them in our Articles of Association and in the best interests of the charity.
Our charitable objectives are to promote public safety and public health, the protection and preservation of human life and the conservation, protection and improvement of the physical and natural environment through:
We are bound by the laws of the UK, including the Charities Act 1993 (as amended by the Charities Act 2006) and Bribery Act 2010. We take a zero tolerance approach to bribery and fraud and this is set out in our Anti-bribery and Corruption Policy and Anti-Fraud Policy and Fraud Response Plan adopted by the Board of Trustees in November 2011 and March 2013 respectively.
The Foundation was established in 2001 with a donation of $300 million made by the Fédération Internationale de l'Automobile (FIA), the non-profit federation of motoring organisations and the governing body of world motor sport. To clarify the relationship between the Foundation and the FIA the Board of Trustees adopted a statement on this subject in November 2010.
The Foundation is governed by a Board of Trustees. The Board is made up of not less than nine and not more than fifteen individuals including, the President of the FIA ex officio, and three nominees of the FIA and at least two Trustees independent from any member of the charity. The Trustees are responsible for the proper administration of the Foundation, have a duty to act collectively, and must act in the best interests of the charity. All Trustees must sign a Trustee Declaration and complete a Register of Interests. In addition to the requirements of the Foundation’s Articles of Association the Foundation has adopted a Conflicts of Interest Policy and a Code of Conduct for Trustees.