P r e a m b l e

Three years has passed since the 27th May 2004., when my father was assassinated by the hand which didn't allow the father and the son to meet. It would be the moment which I could remember through the stories, but I still wasn't born.

The time which comes will not erase the grief and the pain which I and my mother feel, but it will also not erase the memories of the great character and work of the man who will never be forgotten.

By establishing of the Foundation we will show all the strength and wisdom of the Njegos' proverb "Blessed is he whose name lives forever. A good reason had he to be alive!"

My father is alive and he lives. The God and justice will not allow his sacrifice to remain unpunished.

Three years after the death of my father I want to do something bright, something noble, human and progressive, and something that is worth of the memory of him.

The aims of foundation are supporting and developing free journalism and through that developing the democratic and justified society where, as well as in all developed countries, will govern Laws.

GENERAL RULES

Article 1

The Statute of the Foundation regulates the following:

- the name and the Residence of the Foundation;
- the signet and the seal of the Foundation;
- the logo of the Foundation;
- the rules of the Foundation;
- interior organization of the Foundation;
- organs of the Foundation;
- goals and the activities of the Foundation;
- the financing of the Foundation;
- working quorum and deciding in the organs of the Foundation;
- cooperation with other non governmental organizations;
- dissolution and the liquidation of the Foundation;
- the changes of the Statute of the Foundation;

Article 2.

The Statute of the Foundation regulates all the relevant questions which are important for the activities and the work of the Foundation.

THE NAME AND THE REZIDENCE

Article 3.

The name of the Foundation is: "Foundation Dusko Jovanovic".

The residence of the Foundation is Podgorica no 32. Jerevenska St.

THE SIGNET AND THE SEAL

Article 4.

The Foundation has its own signet and the seal.
The signet of the Foundation is in the shape of circle and it contains the name and the residence of the Foundation. The seal of the Foundation is in the shape of the square and it contains the name of the Foundation, the sign for the registration number and the line for date..

LOGO

Article 5.

The Foundation has its Logo.
The Managing board regulates the Logo.
The Logo is protected.

THE RULES

Article 6.

The Managing Board of the Foundation creates the special rules (general articles) which are used to regulate the work of the Foundation and the model of allocating the financial means of the Foundation.

INTERNAL ORGANIZATION

Article 7.

The Foundation works on the territory of the Republic of Montenegro.

The organs of the foundation

Article 8.

The authority organ in the Foundation is Managing Board of the Foundation.
The control organ in the Foundation is Monitoring Board of the Foundation..

1.Managing Board

Article 9.

The Managing Board makes decisions of:
the program and the working rules of the Foundation;

Foundation budget;
Allocation of the assets;
Working rules of the Foundation;
Sign of the Foundation;
Accepting of the Final account of the Foundation;
Other questions which are important for the work of the Foundation;
Standing orders;

Article 10.

The Managing Board of the foundation is consisted of five members including the president of the Managing Board. The establishers of the Foundation elect and acquit the president and the members of the Managing Board of the Foundation by voting. The mandate of the Managing Board members is four years with the possibility of reelection. The Managing Board convenes assembly when necessary. The president of the Managing Board assemblies are convened and presided by the president of the Managing Board. Exclusively the president of the Managing Board is obliged to call the assembly as the request of the other members of the Managing Board.

2.Monitoring Board

Article 11.

Monitoring board of the Foundation:

controls the correctness of the financial decisions in the Foundation;
controls the total financial business of the Foundation;
makes opinion about the final account of the Foundation;
if it is necessary it engages an independent reviser to evaluate the financial business of the Foundation;
makes the standing orders
Monitoring Board is obliged to make report on the correctness of the financial business in the Foundation after making the final account.

Article 12.

Monitoring Board is consisted of the three members, including the president of the Monitoring Board. Monitoring Board is nominated by the establisher. The mandate of the Monitoring Board members is two years with the possibility of reelection. Monitoring Board is called when necessary. Managing board assembly is convened and presided by the president of the Monitoring Board.

Article 13.

The members of the Managing Board and the Monitoring Board cannot be the same persons.

Goals and the activities of the foundation

Article 14.

The Foundation is established as a non-governmental organization, which purpose is to support and stimulate journalists to develop free, objective and professional journalism, especially investigative journalism, through their work, fair informing of public, without fear of any political structure or any other powerful organization, to make this profession as it should be and that means, public controller of the social events, and public service in order to provide statutory guaranteed rights (each citizen "has a right to know") and all that with the aim of developing democratic processes.

Financing

Article 15.

The Foundation will be financed from the establisher's resources, as well as from the donations of the legal and natural persons and in the other ways in accordance with the Laws.

Article 16.

The establisher provides the initial capital of the Foundation which means 1.000 euros.

Working and making decisions quorum

Article 17.

The organs of the Foundation can work legally if the assembly is attended by more than half of the members.
The organs of the Foundation make decisions by voting.

Cooperation wirh other organizations

Article 18.

According to the Statute and its goals, the Foundation will cooperate with other domestic and international non-governmental organizations.

Dissolution and assets allocation

Article 19.

The Foundation will cease its work:

- according to the Laws
- by the decision of the Managing organ

Article 20.

In the case the Foundation ceases its work, the Managing Board will make a decision about the assets allocation of the Foundation.
The assets will be allocated in the humanitarian purposes.
If the assets are gained in accordance with the financial contract they will be returned to the financier.

The change of the statute

Article 21.

The changing of the Statute or making the amendments to the existing will be decided by the establisher of the Foundation.

The Finishing rules

Article 23.

The interpretation of this Statute is made by the establisher.

Article 24.

The Statute became effective on the day of the Foundation's entry into the Register of the non-governmental organizations.

In Podgorica, 7th May 2007.

ESTABLISHER
Vojin Jovanovic
With the legal representative
Slavici Jovanovic

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