Funding Council
Subscribing organisations who support the IWF nominate a representative to the Funding Council.
The Funding Council meet six times a year to discuss IWF & member business.
The role of the Funding Council is to;
- to consider policy issues affecting IWF in order to brief Board representatives with members’ views;
- to contribute funds and ensure renewal of funds for the operation of IWF;
- to advise on the annual IWF budget, significant changes and the use of material unbudgeted surpluses;
- to select three industry members for the IWF board;
- to advise on and approve the members’ code of practice.
The Funding Council Constitution describes how the Council conducts its business.
Funding Council determines its own constitution and terms of membership and elects three Board members to represent industry views on the main IWF Board.
On important policy matters and other significant decisions the voice of funders is ensured by special voting procedures detailed in the main Constitution.