On the Trust

The Trust on Energy and Infrastructure was established to help ensure that a wider cross-section of the world's underserved communities have access to sufficient and consistent sources of energy and to adequate supporting structures, fundamental to carrying out their daily living. The Trust arose out of an acute awareness of the severe and perennial deterioration, even substantial absence, of energy supply and civil infrastructure within Africa and in areas where its global diasporas typically reside. The Trust understands that work successfully targeting remedies to such conditions often leads to and includes the betterment of structurally related communities. And so the Trust sees its work here as a prime example of a galvanizing belief within the Ikoku Charitable Trusts and Foundations — that humane and transformative attention to infrastructural inequities in Africa and its global diasporas is intimately linked to humane and sustainable betterment of communites across nations and the world.

 

The Trust's Projects

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The Trust's Finances

The Trust on Energy and Infrastructure was established as part of the Declaration of Trust of the Chinyere and Chinelo Ikoku Charitable Trusts, and is subject to the general fiduciary responsibilities outlined in the Declaration. These include stipulations that limit appropriated spending in any given year to no more than 5% of the three-year average market value of the Trust's current principal, with no less than half of such annual spending dedicated to work on continental Africa. It is also expected that spending be overwhelmingly dedicated to directly benefiting low-income and low-resource communities. Such stipulations are in line with best practices to ensure that the Trust continues to exist in perpetuity and that it continues to have assets to carry out its charitable purposes during that time.

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