Financial Policies
Business Development
To carry out the humanitarian programs espoused by NOAH, it is necessary to operate the Trust as a business and a financial fiduciary. The Trust must generate revenues from its businesses. Thus, NOAH is a Financial Trust acting as a fiduciary consultancy and advisory service to investors. NOAH will consider participation with any entity or private party of qualified net worth willing to contribute to NOAHs programs.
NOAH’s administration and financial offices are located in Kirkland, Washington. The Foundation plans include investment and financial services. NOAH seeks to access creditworthy, middle and upper-market corporate transactions and medium-sized projects, especially real estate and construction, science and technology projects.
Use of Funds
To finance, joint venture, participate in any method or way to promote humanitarian causes of any kind. Promote scientific research and technical development of all kinds. Medical research and energy is of paramount importance.
Build and improve community infrastructure using environmentally friendly techniques and modes, i.e. construct power plants, roads, bridges and highways. This will include maintaining, expanding and improving modes of transportation, utility infrastructure, community infrastructure, social infrastructure. Joint venture with construction organizations engaged in building and refurbishment of necessary groundwork to revive or create a simple or multi functional community. Provide job education and employment in all facets of project construction and operation.
Assign, sell and or deposit any securities for any company created, owned or operated by NOAH. Provide any security required for the performance of any contracts or any obligations of the Trust.
Deliver to any investor, fund, pension, trust or corporation; bank guarantees, promissory notes, bills of exchange, certificates of deposit or any other negotiable instruments in exchange for a transfer of funds, capital, or monies which the Trust may require for its activities.
Invest and deal with the monies of the Trust not immediately required for the purposes of its management, construction, supplies of food, clothing, shelter or other project of the Trust is involved, in such investments or securities and in such a manner from time to time as may be determined.
Utilize state of the art computer systems, communication through the Internet and establish Web pages and other advanced communication means to promote and collect gifts and funds into the Trust to carry out the Foundation’s mission.
Establish and maintain ancillary Trusts, trust funds, or strategies (whether contributory or non-contributory) with a view to providing pensions or other benefits for any persons who have volunteered their talents, their time and their work to aid any of NOAH’s programs. Support activities which in the opinion of the Trustees are calculated to be directly or indirectly of special benefit to the goals of the Trust and its volunteer corps.
Enter into any partnership, joint venture arrangement or any union of interest or cooperation with any entity or Trust, company, firm or person for sharing profits, knowledge, scientific endeavors and carrying on or proposing to carry on any business within the objectives of this Trust. Seek and thereby acquire and hold or sell for NOAH, debentures or other equity or securities of any of the Trust’s business, to guarantee the contracts, liabilities, to subsidize or otherwise assist such businesses or ventures as may be of use to the growth and perpetuity of the Trust.
Purchase or accept donations of property, real or personal, tangible or intangible. Sell, develop, manage, turn to account, exchange, rent, lease, establish royalties, share profits, grant licenses, easements, or other rights in or over, and in any legal manner deal with or dispose of the endeavors and related properties, assets of the Trust or any business however owned or operated by the Trust which the Trustees may conclude to be proper, discerning and favorable to the Trust.
Establish agreements with attorneys, lawyers, solicitors, officials of governments for permits, rights of ways, permission to proceed with a project, or services as required by law, banking or securities regulations, or states or governing bodies or persons. To distribute among the members in specie and property of the Trust or any proceeds of sale by contract, in advance for the required services of any of the items mentioned above in carrying out the objectives of the Trust.
To do any and all of the aforementioned in any part of the World either as principals, agents, attorneys, trustees, contractors, guardians or traders or otherwise, either alone or in conjunction with others and either by or through agents, trustees, contractors, sub-contractors or otherwise as deemed prudent for the Trust.
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