Who can be a trustee of a Non-Profit Organisation?
A Non-profit Organisation is registered in Nigeria as an incorporated trustee.
Basically, the aim for an Incorporated Trustee is not to make profit but for the advancement of sports, education, religious, literary, scientific, social development, cultural and charitable causes.
A trustee of a non-profit organization can be any individual appointed by a community of persons, anybody or association of persons with the aim of establishing a Non-profit Organisation for the stated reasons above.
However, there are certain persons who are not qualified to be trustees of a non-profit organization. They include;
- An infant.
- A person of unsound mind having been found by a court.
- A person undischarged from bankruptcy
A person convicted of fraud or dishonesty within the five years of his proposed appointment.
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