The Tibell Foundation
For the Tibell Foundation for the support of activities within
The Royal Academy of War Sciences
(adopted on 12 November, 2012)
1§. The forerunner of the Royal Swedish Academy of War Sciences, the Swedish Society of War, was founded on 12 November, 1796. The initiator of the society was Captain, as he was then, later General G.W.Tibell, who, together with a few other “serving Officers and Instructors of the Royal War Academy at Carlberg”, formed the Society of War. The aim was to create a forum for developing and disseminating knowledge about the art of war within the Army and to stimulate officers to improve their skills in these matters. On 2 May, 1805, “King Gustav Adolf IV graciously bestowed upon the Society the name of The Academy of War Sciences”.
Since its foundation in 1796, His Majesty the King has been the patron of the Academy.
On 12 November 2012, the Tibell Foundation was established in order to support the activities of the Royal Swedish Academy of War Sciences with the aim of guaranteeing the will of the founders. The foundation makes up a part of the Academy’s assets with its own statement of accounts.
2§. The foundation is to be made up of donations in the form of ready money, stock, and actual assets from individual persons and legal entities.
3§. Donators are to be registered and made known annually in the Academy’s Proceedings and Journal and are to be shown on the Academy’s home page. In the case of larger donations, the donator can be rewarded with a medal and/or an invitation to the Academy’s annual festive celebration.
4§. The Academy’s Presiding Committee is to be responsible for the administration of the foundation’s assets. Instructions for the administration are to be given to the Academy’s Finance Committee.
5§. The foundation’s assets are to be administered by the trustee department of a commercial bank, which is under the supervision of the Swedish Financial Supervisory Authority.
6§. The foundation’s assets are to be used for the Academy’s activities in accordance with the aims paragraph included in the statutes.
7§. The Academy’s Presiding Committee decides annually, in September, on how much of the foundation’s assets are to be allocated to activities according to §6. The actual value of the foundation’s assets are, however, to be maintained by their being adjusted upwards with a sum that covers the inflation rate as well as with an actual growth rate that is established by the Presiding Committee.
8§. Administration of the foundation is to be audited annually by the Academy’s auditors. Their auditor’s report is to submitted anually through the Academy’s auditor’s report in its entirety.