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2018-06-11 REF Operational Guidelines

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3.3 <strong>REF</strong> Headquarters<br />

<strong>REF</strong> Headquarters (<strong>REF</strong> HQ) is hosted by <strong>REF</strong> Hungary and is located in Budapest.<br />

The key responsibility of <strong>REF</strong> HQ is to coordinate the cooperation, knowledge sharing and<br />

operational standards of the <strong>REF</strong> Network and to provide assistance in the following areas of<br />

operation:<br />

• Preparation of long term strategy, business plan and common policies of the <strong>REF</strong><br />

Network<br />

• Fundraising/Advocacy<br />

• Budgeting of <strong>REF</strong> Network and <strong>REF</strong> Entities<br />

• Capital investment decisions within <strong>REF</strong> Network<br />

• Financial activities within <strong>REF</strong> Network and of <strong>REF</strong> Entities<br />

• Reporting of <strong>REF</strong> Entities towards <strong>REF</strong> HQ<br />

• External communications, contracts and settlements<br />

• People and organizational matters<br />

• Legal issues<br />

• Grant program -<br />

• Scholarship Program<br />

• Partnership agreement or donation letter defining roles and responsibilities within <strong>REF</strong><br />

Network.<br />

3.4 Executive Committee<br />

The Governing Board has established an Executive Committee in order to take forward the<br />

work of the Governing Board between board meetings for more efficient operation of <strong>REF</strong>.<br />

The Executive Committee has full powers to act for the Governing Board between meetings<br />

of the full Governing Board, subject to reporting to the Governing Board on its activities.<br />

The composition, operations and by-laws of the Executive Committee is regulated in Section<br />

7 of the <strong>Operational</strong> Manual of the <strong>REF</strong> Governing Board in detail.<br />

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