Dear Domino Foundation Members, Partners and Donors,
I trust that you are holding up during these unusual days of the COVID-19 virus and the resultant lockdown. I am pleased to report that The Domino Foundation has been able to add considerable weight to the eThekwini Disaster Management efforts over the past 10 weeks and it is a privilege to be a fellow member of this great organisation.
It is our responsibility as the Board of Members of The Domino Foundation to hold an Annual General Meeting within six months of our financial year-end, which is 31 December each year. As a Board, we have explored multiple scenarios as to the possibility of holding an AGM during the ‘national lockdown’ we all currently face, and after presenting our options to legal counsel, it is our opinion that it would be best to defer our AGM for the 2019 year to a date (to be set) when all Members, Partners and Donors, have the possibility of attending in person.
This will mean that we have not fulfilled the technical responsibility for holding an AGM within six months of our year-end, however, we believe the unusual circumstances we find ourselves in force us to defer beyond the six months allowed. We will, however, be sending our Annual Report in due course.
The reason we have opted to defer the date for the AGM is due to the fact that we value all of The Domino Foundation Members and our desire is that everyone of us should have the opportunity to attend the meeting, which may not be possible should we hold it via electronic/digital medium. Should it be foreseeable, by October, that it will not be possible to meet in person in 2020, we will revert to holding a virtual AGM in the last quarter of the year.
We trust that you will support the Board in this matter and we look forward to seeing you all at the AGM when we are able to meet in person.
Richard Mun-Gavin on behalf of The Domino Foundation Board
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