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[I-RED] Alkeruaku Foundation
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Julianni Avala
Ishukone-Raata Corporate Investment Bank
Ishuk-Raata Enforcement Directive
#1 - 2017-05-23 02:35:23 UTC
This is to serve as a reminder of our Alkeruaku Foundation, which is still in place and open to those interested. This information has been taken from a past thread and will include an area for questions that have been answered previously.

Julianni Avala wrote:
The word Alkeruaku means "beginning" in Napanii, and symbolizes the effort to support new beginnings in the State. This organization was built to suit the needs of upstart and established Caldari capsuleer corporations. The Alkeruaku Foundation offers start-up capital in total anonymity to help them achieve their future goals, no strings attached. No need to pay it back.

Foreign corporations working in the State's interests do not qualify for the 'no-payment' clause, but may utilize 12 and 6 month loan services that the Alkeruaku Foundation offers at a 5% interest rate.

Donations can be made at any time with all funds raised to be used for the foundation's efforts. For every donation received, Ishukone-Raata will match the amount 100%. Any corporation regardless of affiliation is welcome to donate towards the cause. Minimum donation is 1,000,000 ISK. At a later date, a silent auction will be held to raise funds as has been done in the past. An announcement will be made regarding this when a date is chosen.

As the numbers of capsuleers increases (thanks to the Alpha Clone implementation), so too does the chance for productivity for the State and economy as a whole. With this in mind, I-RED hopes to reach out and help these upstart and established Caldari capsuleer corporations to reach their goals.

Inquiries and applications to donate or receive capital can be directed to both Executor Alex Hinkelmann and myself, the Director of Finances via NEOCOM mail.

All other inquiries may be made here on the IGS, or in any other method of communication that best suits you.

For Ishukone. For the State.


Chief Financial Officer, Head Diplomat

I-RED GalNet Site

--

((OOC: Journey to Purpose- Julianni's Character Blog, last updated 11.07))
Julianni Avala
Ishukone-Raata Corporate Investment Bank
Ishuk-Raata Enforcement Directive
#2 - 2017-05-23 02:36:17 UTC  |  Edited by: Julianni Avala
1.
Utari Onzo wrote:
Given the notorious reputation for Capsuleers to default on payments and promises, what steps will this foundation take to protect themselves and their patrons from high risk liabilties?

Julianni Avala wrote:
Our solution to this is to have a process in place that "vets" these applicants in such a way that we can determine their trustworthiness. Methods will include looking extensively into financial histories, as well as slowly building these applicants' credit with us.

For example, a new applicant of these loans that has little to no financial history would not be given a large some of funds. Over time, so long as they prove their sincerity with repayment, they would be able to apply for a loan of a higher amount. Loans of a higher amount would not be able to be applied for unless the previous loan is paid off.


2. Before it's asked: No, enemies to I-RED are not able to take advantage of this foundation.

3.
Arrendis wrote:
Is there an audit service of the Foundation's books available to donors to provide assurances that a)their donations have been matched, and b)funds are being distributed as described, and not simply pocketed?

If so, how can donors verify payouts are being made to eligible capsuleer organizations while according those organizations the 'total anonymity' advertised?


Donors may request an access key to view the foundation account, and they will be able to see when withdrawals are made. Any withdrawals from this account are strictly for the purposes of the foundation, and nothing more. If there is reason to believe that a serious discrepancy has occurred with the foundation, an external audit firm will be called on.

Total anonymity will be still be kept. When funds are distributed, they will be done so to a trusted third party, who will then send the funds to the organization.

Chief Financial Officer, Head Diplomat

I-RED GalNet Site

--

((OOC: Journey to Purpose- Julianni's Character Blog, last updated 11.07))
Davlos
State War Academy
Caldari State
#3 - 2017-05-25 13:28:13 UTC
Julianni Avala wrote:


2. Before it's asked: No, enemies to I-RED are not able to take advantage of this foundation.


... am I an enemy, perchance?
Arrendis
TK Corp
#4 - 2017-05-25 13:50:20 UTC
Julianni Avala wrote:
Donations can be made at any time with all funds raised to be used for the foundation's efforts. For every donation received, Ishukone-Raata will match the amount 100%. Any corporation regardless of affiliation is welcome to donate towards the cause. Minimum donation is 1,000,000 ISK. At a later date, a silent auction will be held to raise funds as has been done in the past. An announcement will be made regarding this when a date is chosen.


Is there an audit service of the Foundation's books available to donors to provide assurances that a)their donations have been matched, and b)funds are being distributed as described, and not simply pocketed?

If so, how can donors verify payouts are being made to eligible capsuleer organizations while according those organizations the 'total anonymity' advertised?
Julianni Avala
Ishukone-Raata Corporate Investment Bank
Ishuk-Raata Enforcement Directive
#5 - 2017-05-26 16:03:51 UTC
Davlos wrote:
... am I an enemy, perchance?


Mister Davlos,

If you are concerned with your personal standings with our organization, I am available to discuss the matter with you. Please feel free to contact me privately.

Chief Financial Officer, Head Diplomat

I-RED GalNet Site

--

((OOC: Journey to Purpose- Julianni's Character Blog, last updated 11.07))
Julianni Avala
Ishukone-Raata Corporate Investment Bank
Ishuk-Raata Enforcement Directive
#6 - 2017-05-26 16:07:22 UTC
Arrendis wrote:
[quote=Julianni Avala]Is there an audit service of the Foundation's books available to donors to provide assurances that a)their donations have been matched, and b)funds are being distributed as described, and not simply pocketed?

If so, how can donors verify payouts are being made to eligible capsuleer organizations while according those organizations the 'total anonymity' advertised?


Miss Arrendis,

Thank you for bringing these concerns forward. I will have an answer for you soon. Day to day duties have kept me quite busy from being able to write out the details.

Chief Financial Officer, Head Diplomat

I-RED GalNet Site

--

((OOC: Journey to Purpose- Julianni's Character Blog, last updated 11.07))
Davlos
State War Academy
Caldari State
#7 - 2017-05-26 22:28:50 UTC
Julianni Avala wrote:
Davlos wrote:
... am I an enemy, perchance?


Mister Davlos,

If you are concerned with your personal standings with our organization, I am available to discuss the matter with you. Please feel free to contact me privately.


An offer to meet a cute lady over a cuppa?

Consider me sold.
Julianni Avala
Ishukone-Raata Corporate Investment Bank
Ishuk-Raata Enforcement Directive
#8 - 2017-06-04 22:48:41 UTC
Questions are now up to date.

Chief Financial Officer, Head Diplomat

I-RED GalNet Site

--

((OOC: Journey to Purpose- Julianni's Character Blog, last updated 11.07))
Julianni Avala
Ishukone-Raata Corporate Investment Bank
Ishuk-Raata Enforcement Directive
#9 - 2017-06-14 07:24:32 UTC
A gentle reminder of the chance to utilize this foundation.

Chief Financial Officer, Head Diplomat

I-RED GalNet Site

--

((OOC: Journey to Purpose- Julianni's Character Blog, last updated 11.07))
Kasuko Merin
Anshar Incorporated
#10 - 2017-06-14 09:38:19 UTC
Kindly contact me whenever you find it convenient to do so. Might take some discussion to establish where personal standings end and corporate standings begin.

It was worth it. All of it. Every single second.
Lasairiona Raske
Itsukame-Zainou Hyperspatial Inquiries Ltd.
Arataka Research Consortium
#11 - 2017-06-14 11:30:17 UTC
Juli, poke me next time you see me around. I'd be interested :-)

Are you a devil or an angel

Sent here from heaven or from hell?

Sweet temptress, I'm wrapped in your tangles

Can't find my way out of your spell
Julianni Avala
Ishukone-Raata Corporate Investment Bank
Ishuk-Raata Enforcement Directive
#12 - 2017-06-16 16:39:11 UTC
Lasairiona Raske wrote:
Juli, poke me next time you see me around. I'd be interested :-)


I'll contact you within the next couple of days. My apologies for the delay, as my schedule has been quite busy.

Chief Financial Officer, Head Diplomat

I-RED GalNet Site

--

((OOC: Journey to Purpose- Julianni's Character Blog, last updated 11.07))