SECTION A. FOUNDATION BOARD 

The AHEPA Educational Foundation shall be governed by a board comprised of the Supreme President, the Chairman of the AHEPA Board of Trustees and the Supreme Treasurer, and six (6) members of the AHEPA who will be appointed by the Supreme President with the approval of the Supreme Lodge following the annual Supreme Convention. The appointees shall serve for three (3) years each, provided not more than one (1) is a resident of the same AHEPA District. Only two ( 2) shall be appointed each year. The Grand Presidents of the Daughters of Penelope and the Maids of Athena and the Supreme President of the Sons of Pericles are invited to participate in t h e deliberations of the AHEPA Educational Foundation Board, make recommendations to it, and publicize its activities amongst their respective memberships.

SECTION B. OFFICERS 

The AHEPA Educational Foundation Board shall select from among its six (6) appointees, a Chairman, a Vice- Chairman and a Secretary, to serve for one (1) year each. The Supreme Treasurer shall serve as Treasurer of the AHEPA Educational Foundation Board.

SECTION C. POLICIES AND RULES 

The AHEPA Educational Foundation Board shall establish all rules, regulations and procedures for raising funds; for awarding grants and aid, scholarships and other donations: for organizing journeys to Greece and for devising ways and means for the promulgation and perpetuation of Hellenic culture. A significant source of income may be derived from bequests left in last wills and testaments of public spirited AHEPANS and Daughters of Penelope. All funds of the AHEPA Educational Foundation shall be considered to be in trust and may not be co-mingled with other funds of the AHEPA. The AHEPA Board of Trustees shall be responsible for the management of all funds of the AHEPA Educational Foundation.