āto foster cultural and technological innovation for underserved communities throughout the world, and enhance the publicās ethical approach to developing, adopting, and sharing such innovationā
The Trust in Quality of Innovation
Introduction
The Trust in the Quality of Cultural and Technological Innovation was established to foster innovation in culture and technology for underserved communities throughout the world, and to alsoĀ enhance the publicās understanding of ethical approaches to developing, adopting, and sharing such innovation, including their ability to help with or advocate reasonable regulation.
Effective and Ethical Innovation
The Trust is primarily interested in conducting work and supporting recipients who successfully do both of the above simultaneously. For the aim here is not simply an increase in effective innovation in and for Africa, its global diasporas, and structurally related communities. It is also an increasingly robust ethics regarding the quality, need, influence, and regulation of any given innovation, produced for and deployed in said communities.
Histories of Technological Advancement
Such coupled emphasis is in keeping with the Trustās concern regarding ongoing, global histories of technological advancement that have benefited the few, often located outside the aforementioned communities.
A Future of Equitable and Humane Innovation
It is also in keeping with the Trustās intention to work toward a possible future where the costs and benefits of innovation are more equitable, humane and transformative.
The Trustās Finances
Introduction
The Trust in Quality of Cultural and Technological Innovation was established as part of the Declaration of Trust of the Chinyere and Chinelo Ikoku Charitable Trusts. It is therefore subject to the general fiduciary responsibilities outlined in the founding Declaration.
Annual Spending
These responsibilities include stipulations that limit appropriated spending in any given year to no more than 5% of the three-year average market value of the Trustās current principal.
Appropriated Spending I
The Declaration also stipulates that no less than half of such annual spending be dedicated to work on continental Africa.
Appropriated Spending II
It is also expected that such annual spending be overwhelmingly dedicated (greater than 75%) to being of direct benefit to low-income communities and individuals.
To Fund in Perpetuity
Such stipulations are in line with best practices to ensure that the Trust continues to exist in perpetuity and that it continues to have assets to carry out its charitable purposes during that time.
Reports: In Charts and Numbers
Reports: In Charts and Numbers
The Trustās Works
Introduction
Provided below is access to further information regarding good works conceived and funded under the rubric of this Trust. Note that the operations of said projects are typically the purview of The Ikoku Foundations, and so the links will often guide you to their sites.
The Database on Innovation
The Distribution in Innovation
The Report on Public Innovation
The Report on Public Innovation
The Fellowship in Public Innovation
The Fellowship in Public Innovation
The Grant in Public Innovation
The Grant in Public Innovation
The Newsletter on Innovation
The Newsletter on Innovation
Also at The Trusts
As stated earlier, The Ikoku Charitable Trusts is dedicated to fostering philanthropy and good works concerning Africa, its global diasporas and a range of shared societies ā toward the betterment of lives across the globe. And so in accordance with the above, The Trusts provides the following:
A Nonprofit Dedicated to Africa
An independent, private, non-profit organization that serves the public interest in Africa and its global diasporas ā by advancing education and research and by also supporting creative ideas, civic endeavors and emerging communities, organizations and societies.
Support for a Global and Just Future
A founding mission and ongoing emphases of support for good works that help the public understand Africaās essential place in a global future, one that is to be more knowledgeable, environmentally sustainable, equitable and of benefit across communities in just societies.
A Vision of the Public Good
A vision of the public good that accounts for the past while ensuring a just and shared future. That draws inspiration from peoples who, despite a history of systemic difficulties, maintain an unyielding belief that the betterment of their human condition will foster the betterment of those living around them and will enhance the present and futures of the regularly disenfranchised, marginalized and underserved.