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YAGEV Foundation Certificate



      _cc781905-5cde-3194-bb3b3b-136bad  _cc781905-5cde-3194- ccde-3194cf13631365c5cf3b31994cbdc13653155cf -bb3b-136bad5cf58d_ A foundation has been established in accordance with the provisions of the Turkish Civil Code by real persons whose names and addresses are written under this foundation deed.




ARTICLE II – The head office of the Foundation is in the Avcılar district of Istanbul, and its address is  Reşitpaşa street, Yeniyol street No:2, Flat:7. A branch can be opened in the country, provided that the decision of the board of directors of the foundation and the permission of the competent authorities are obtained.


ARTICLE III – YAGEV aims to alleviate the economic burden of the public, to contribute to the state budget, and to provide more excellent service to the public with all kinds of tools and equipment and trained personnel. Our foundation aims to strengthen the understanding of decentralization within the public administration system in Turkey and to enable local governments to provide effective, efficient, participatory and quality urban services.  YAGEV researches and determines the regulations and practices of decentralization in our country and in the world, conducts scientific studies and researches, and gets them done. For this purpose, it conducts scientific writing, examination and research.

Other Purposes of the Foundation

  1. To provide assistance, to establish and operate health facilities in order to ensure the health and treatment of its members and their spouses and dependent children, mothers, fathers and siblings

  2. To provide loans with appropriate interest and conditions in order to meet the essential needs of the members, housing, marriage and collection of their children,

  3. Establishing, leasing, operating and operating recreational and touristic facilities in order to ensure that its members and family members rest, making agreements with companies engaged in these activities, engaging in all kinds of activities jointly,

  4. Giving scholarships to the members' children in secondary and higher education, opening dormitories, making agreements with existing dormitories,

  5. Establishing or operating sports clubs and facilities in order to provide sports activities,

  6. To carry out activities in order to meet the durable and non-durable consumption material needs of the members under more favorable terms than the market, to open, operate or have the operation of sales outlets such as canteens when necessary,

  7. To carry out activities encouraging the social, cultural and artistic activities of the members, to organize meetings, seminars and shows, balls related to these issues, to participate in organizations when necessary,

  8. To help people who have been harmed by disasters such as natural disasters and fires and to provide loans with low interest when necessary,

  9. To provide assistance to retired members, those who are permanently disabled while working or the beneficiaries of those who have passed away, in accordance with the principles specified in the regulations to be prepared on these issues,

  10. In order to increase the knowledge and skills of the members, to open courses on computer, language, social and cultural subjects or to make agreements with organizations operating in these subjects,

  11. To provide other assistance to be determined by the board of founders,

  12. To establish, operate or put into operation educational institutions for primary, secondary and higher education, to be a shareholder in education and training institutions established for this purpose, and to take partners in institutions established by YAGEV,

  13. Prepares and implements training programs related to the issues needed by local governments. It establishes training units and certifies trainings by linking them to certificates.

  14. Establishing, operating or putting into operation all kinds of health facilities in cooperation with the educational institutions that it will establish itself or together with other educational institutions,

  15. Establishing, operating and putting into operation facilities such as education, social facilities, accommodation, soup kitchen, shelter, etc. for all groups in need of assistance,

  16. Procuring land and buildings for social groups within the scope of its purpose, constructing and having buildings made,

  17. To provide better service to municipalities by working with municipalities. To train and provide training to mayors and municipal employees,

  18. It prepares or has it prepared audio-visual publications related to its activities. In this context, it publishes newspapers, magazines, books, creates internet, web sites, prepares films and documentaries. It identifies the problems related to the city and city management and organizes congresses, conferences, seminars, symposiums, panels, workshops and similar meetings in order to develop solutions for these problems.

  19. It organizes exhibitions, fairs and similar promotional organizations on issues related to the city, cooperates with institutions and organizations that carry out such activities and supports them.

  20. To open branches and representative offices in the country and abroad in places deemed appropriate in order to realize the objectives of the Foundation.


ARTICLE IV – In order to achieve its purpose, the foundation, with the exception of legal restrictions, has the right to own movable and immovable properties with limited amount and value, or any kind of property and property consisting of both, through donations, wills, other testamentary savings, or by purchasing or renting. , to use, to sell, to transfer and to give up, to collect and spend their incomes or profits, to use one or more real estate or incomes of the foundation in one or more investments; to manage, dispose and spend the movable and immovable properties and money that it has appropriated through donations or bequests, or various testamentary dispositions, provided that it is not contrary to the purpose of the foundation and is allocated for that purpose in whole or in part; to buy and sell the shares, redeemed shares, obligations or other documents representing shares of one or more domestic or foreign companies and the coupons belonging to all of them, to collect and spend their income; To cooperate with local and foreign foundations operating similar to the purpose of the Foundation, to buy from foreign foundations, to enter into agreements with them for the provision of this aid, to increase the incomes to be spent for the purpose, with the assets included in the assets of the foundation, or to cooperate with the local and foreign foundations operating in accordance with the Regulation on Foundations established in accordance with the provisions of the Turkish Civil Code. to participate in the company, to spend the dividends or profit shares corresponding to the participation shares;

      _cc781905-5cde-3194-bb3b3b-136bad  _cc781905-5cde-3194- ccde-3194cf13631365c5cf3b31994cbdc13653155cf -bb3b-136bad5cf58d_ To use or make the real estate use all its rights other than the same rights,

To receive all kinds of guarantees, including the pledge of movable and immovable properties, for the contractual relations to be established with their current or future income, to accept valid bank sureties;

To borrow when necessary, to pledge movable and immovable properties, and to the will of other collateral in order to realize the purposes of the Foundation;

To accept conditional donations suitable for its purpose;

In short, it is authorized and authorized to execute all undertakings, savings, appropriations and contracts, transactions that are deemed useful and necessary for the realization of one or all of the purposes of the foundation, as specified in Article 46 of the Civil Code.

However; The Foundation does not use these powers and revenues for purposes prohibited by Law No. 903.


ARTICLE V – The foundation assets of the foundation are 300,000,000 (Three hundred million TL) allocated to the foundation by the founders.

In addition to this first foundation asset, the Foundation may appropriate all kinds of goods and rights, all or part of an asset, both in the country and abroad, by donation, bequest or other means. Usufruct, usufruct or property may have the same rights or acquire these rights by any legal means.


ARTICLE VI– a) Board of Founders, b) Board of Directors, c) General Directorate of Foundation, d) Board of Auditors


ARTICLE VII – The Board of Founders is formed as follows.

  1. Natural persons in the attached list,

  2. Those who were accepted as a member of the Board of Founders after the foundation was established.


ARTICLE VIII – The duties and authorities of the Board of Founders are as follows.

  1. To elect new members to the vacant board of directors,

  2. To examine the activity report, balance sheet, income-expense accounts prepared by the Board of Directors and to release them to the Board of Directors,

  3. To decide whether or not to accept the members proposed by the Board of Directors as a member of the board of founders,

  4. To advise on the work of the Foundation.


ARTICLE IX – The Board of Founders convenes every 2 years in March. The Board of Directors may call an extraordinary meeting of the founders' board when necessary. It convenes with the participation of at least one more than half of the members of the board of founders. If more than half of the members are not present at the first meeting, a quorum is not sought in the second meeting to be held in at least one week. This quorum is not sought in this matter and in the second meeting. This matter and the date of the second meeting are stated in the announcement of the first meeting and in the letter to be sent to the members.


ARTICLE X – A President, a Vice-President, and two Court Clerks are elected by the Board of Founders. The clerks determine the issues discussed. Decisions taken are recorded in the minutes and are signed by the Presidency Council and the members. Decisions from the Board of Founders are taken by the absolute majority of the existing members. Each member has one vote. A proxy may be sent instead of a member who cannot attend the meeting of the Board of Founders. More than one power of attorney cannot be collected by a single person.


ARTICLE XI – The Board of Directors consists of seven members to be elected by the board of founders for two years. Members of the board of directors can be elected from among the members of the board of founders or from outside. Two alternate members are also elected.


ARTICLE XII – The Board of Directors elects a chairman and a vice chairman among its members. The chairman of the board of directors represents the foundation. The second chairman presides over the meetings of the Board of Directors in the absence of the chairman. If necessary, a second chairman may be given the authority to represent by the board of directors.

The second Chairman or the General Manager of the Board of Directors may be authorized to make savings in the name of the Foundation.


ARTICLE XIII- The foundation board of directors convenes once a month. The Chairman of the Board of Directors may call the board of directors for a meeting when necessary. The Board of Directors may convene upon the joint call of the vice president and a member. Members who do not attend the meetings four times in a row without an excuse accepted by the board of directors are deemed to have withdrawn from the board of directors. They are replaced by backups. Decisions are taken by the absolute majority of the total number of members. Decisions are recorded in the notarized board of directors decision book and undersigned by the members of the board of directors.

In the absence of a meeting, the Board of Directors may establish a three-person executive, consisting of the chairman, the vice chairman or one of the members, and the General Manager, to take and execute decisions regarding foundation affairs.

The situations and issues that this board will take and execute decisions on are determined by the board of directors.


ARTICLE XIV – The duties and powers of the Board of Directors are as follows.

  1. To take all kinds of measures that are beneficial for the realization of the foundation's purpose,

  2. To make the expenses required by the works of the Foundation and to determine the payment methods,

  3. All kinds of movable and immovable property, money, rights in cash, shares and receivables and similar valuable papers, the same rights other than usufruct, sukna or property, all or part of a property by way of donation, testament or other testamentary savings. To appropriate and save by purchasing or leasing, to accept the necessary concessions for transferring the acquired property to the Foundation, and to carry out all kinds of private or official works,

  4. In order to realize the purpose of the foundation, to be authorized to sell, rent, collect and spend the income of movable and immovable goods within the framework of the relevant legislation by making decisions about how, when and to what extent the foundation's assets will be used, and therefore by saving the foundation's properties._cc781905-5cde-3194- bb3b-136bad5cf58d_ and giving the necessary approvals in the title deed offices for real estates,

  5. To appoint the foundation general manager to be employed in foundation works and other personnel to be needed, to determine their duties, authorities, responsibilities, the wages to be given to these personnel, to cut off their relations with the foundation when deemed necessary (the duties, authorities and responsibilities of these personnel are specified in an instruction to be prepared by the board of directors)

  6. To prepare the foundation's budget and balance sheets, income-expenditure table and activity reports,

  7. Keeping a book of decisions, accounting, fixtures and real estate according to the procedure,

  8. Accounting to the board of founders,

  9. Making preparations for the changes to be made in the foundation deed and presenting them to the board of founders,

  10. To fulfill the possible decisions and wishes of the board of founders,

  11. To offer the necessary memberships to the founding board of those who have given financial and moral support to the foundation, (Medicines and documents may also be given to such persons by the board of directors.)

  12. Preparing, enacting and executing the necessary instructions and regulations for the facilities to be established by the Foundation,


ARTICLE XV – When necessary, the Board of Directors may appoint one or more of its own members or outsiders as representatives or proxies in order to carry out one or more works of the foundation and to accept conditional or unconditional donations to be made to the foundation.


ARTICLE XVI – The Board of Auditors is a body established to audit the activities and accounts of the foundation on behalf of the Board of Founders. The Supervisory Board consists of three people to be elected by the founders' board from inside or outside for a period of two years, and two substitute auditors are elected.

The auditor or his substitutes, whose term has expired, can be re-elected. In case the auditors leave their duties, substitute auditors are taken in their place. The Supervisory Board examines and inspects all documents, books, accounts and documents of the Foundation. The report to be prepared as of the accounting period is submitted to the Board of Directors to be sent to the members of the Board of Founders at the latest fifteen days before the meeting of the Board of Founders.


ARTICLE XVII – One of the organs of the Foundation is the General Directorate of the Foundation. The Foundation General Manager implements the decisions made by the Board of Directors among the members of the Board of Directors or from outside and carries out other works given by the Board of Directors.  Assistant General Manager, Branch Manager and other personnel, who are given sufficient numbers by the Board of Directors, may be appointed.


ARTICLE XVIII – The services to be performed by those elected to the Foundation's Board of Founders, Board of Directors and Supervisory Board will be honorary. However, their travel and all other expenses for the Foundation will be covered by the Foundation.


ARTICLE XIX – The foundation's accounting period is the calendar year.

ARTICLE XX – The signatures of two persons to be assigned by the Board of Directors for opening and closing accounts, withdrawing money in banks.


ARTICLE XXI – The foundation's deed can be changed according to need. For this, the proposal of the Board of Directors and the decision of the Board of Founders are required.

In case of proposal of at least ten members of the Board of Founders, amendments can be made to the bill with the decision of the Board of Founders.


ARTICLE XXII – If the foundation is required for any reason, the Board of Founders decides on the termination with the proposal of the Board of Directors.

In case of termination, the properties belonging to the foundation are transferred to another foundation or an official institution for the same purpose.

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