Document background
Not For Profit Articles of Association are essential for establishing and operating a foundation (yayasan) in Indonesia. This document is required when founding a new not-for-profit organization or updating an existing organization's constitutional framework. It must comply with Indonesian Law No. 16 of 2001 on Foundations and its amendments, requiring execution before a notary public and registration with the Ministry of Law and Human Rights. The document establishes the organization's legal identity, defines its charitable or social purposes, outlines the governance structure with three mandatory boards (Governing, Management, and Supervisory), and sets rules for asset management, operational procedures, and reporting requirements. It serves as the primary reference for all stakeholders and regulatory bodies, ensuring proper governance and compliance with Indonesian non-profit regulations.
