Preamble:
We, the members of Favourable Group, in recognition of our shared values and commitment to collaboration, hereby establish this charter to guide the principles, governance, and operations of our cooperative entity.
Article I: Name and Purpose
1.1 Name:
The official name of this cooperative entity shall be “The Favourable Fundraising Group,” hereafter referred to as the “Favourable Group,” or the “Cooperative”
1.2 Purpose:
The purpose of Favourable Group is to foster collaboration, innovation, and wealth creation through a Cooperative framework. Participants shall engage in fair and mutually beneficial interactions guided by the principles outlined in this charter.
Article II: Principles and Values
2.1 Cooperation:
Members commit to cooperative principles, promoting fairness, inclusivity, and shared success. Cooperation is the cornerstone of our interactions.
2.2 Innovation:
Favourable Group is dedicated to fostering innovation and creative problem-solving. Members are encouraged to contribute ideas that advance the collective objectives.
2.3 Wealth Creation:
The Cooperative aims to facilitate wealth creation in a sustainable and equitable manner. Strategies and initiatives shall be designed to benefit all participants.
Article III: Governance Structure
3.1 Sovereign Authority:
The sovereign authority within Favourable Group shall be vested in William Styles, recognized as the sovereign leader guiding the direction and decisions of the Cooperative.
3.2 Decision-Making:
Decisions affecting the Cooperative shall be made collectively, with input from participants. The sovereign retains the authority to make final decisions when consensus is not reached.
Article IV: Membership and Participation
4.1 Membership Eligibility:
Participation in Favourable Group is open to individuals and entities willing to adhere to the principles outlined in this charter.
4.2 Participation Rights:
Members have the right to actively participate in cooperative activities, propose ideas, and contribute to the decision-making process.
Article V: Legal Compliance and Recognition
5.1 Compliance:
Favourable Group shall comply with all applicable laws, regulations, and legal standards within the jurisdiction it operates.
5.2 Legal Recognition:
The Cooperative shall pursue legal recognition as a distinct entity, working within the legal framework to establish its unique status.
Article VI: Amendments and Review
6.1 Charter Amendments:
Amendments to this charter may be proposed and ratified through a process outlined in the governance structure.
6.2 Periodic Review:
The charter shall undergo periodic reviews to ensure its continued relevance and alignment with the goals of Favourable Group.
In witness whereof, we, the undersigned members, hereby adopt and enact this Favourable Group Charter on 14th December 2023.
William Styles
Sovereign Leader
Favourable Group