Leadership

Board of Directors

Our board guides the strategic direction of the Foundation and ensures all activities further our charitable mandate.

WM

William Meléndez Salas

Founding Director

Global MBA with expertise in digital transformation and AI strategy. Leads educational program development and community partnerships.

Education AI Strategy Global MBA
JR

Jonathan Ramirez Restrepo

Director

Brings strategic insight and community development expertise to advance the Foundation's educational mission across Ontario.

Community Strategy Development
SC

Santiago Castaneda Mongui

Director

Contributes to strategic oversight and program development, strengthening the Foundation's impact in underserved communities.

Oversight Programs Impact

Governance Framework

The structures and policies that ensure our Foundation operates with integrity.

Legal Structure

Type Federal Not-for-profit Corporation
Legislation Canada Not-for-profit Corporations Act (NFP Act)
Registry Corporations Canada (Industry Canada)
Corporation # 1725908-5
Date of Incorporation August 22, 2025
Province Ontario, Canada

Board Composition

Size 1 – 10 directors (as per by-laws)
3
Meeting Frequency Quarterly (minimum)
Term Length As per by-laws

Governance Policies

Key policies that guide our operations and decision-making.

Conflict of Interest

All directors are required to disclose any potential conflicts of interest and recuse themselves from related decisions. Annual declarations are maintained on file.

Privacy & Data Protection

Strict PIPEDA compliance for all personal information. Privacy Officer designated. Regular reviews of data handling practices. See our Privacy Policy.

Dissolution Clause

Upon dissolution, all remaining assets will be distributed to qualified donees as defined under the Income Tax Act, ensuring charitable intent is preserved.

Financial Controls

Dual authorization for expenditures above threshold amounts. Regular financial reviews by the full board. Transparent budget allocation with annual reporting.

Whistleblower Policy

Confidential reporting mechanisms for concerns about misconduct, fraud, or violations. Protection against retaliation for good-faith reports.

Independence & Non-Private Benefit

The Foundation maintains strict separation from any founding commercial entities or consulting firms. No director, officer, or related party may derive private benefit from the Foundation's charitable activities. All directors must annually declare any affiliations with for-profit organizations and recuse themselves from any decisions where a conflict of interest may arise. The Foundation exists solely to serve the public interest through its charitable mandate.

By-Laws & Governing Documents

The Foundation's by-laws govern all aspects of its operations, including:

  • Membership rights and obligations
  • Director election, removal, and responsibilities
  • Meeting procedures (annual, special, and board meetings)
  • Financial year and auditing requirements
  • Amendment procedures
  • Dissolution and distribution of assets

Copies of governing documents are available upon request to info@innovlead.ca.