Our Non-Profit

NON-PROFIT

Zilch Environmental Sustainability Foundation


Zilch Environmental Sustainability Foundation (ZESF) is a not-for-profit and non-political organisation incorporated in Nigeria with the Corporate Affairs Commission. The Foundation was established to drive grassroots environmental advocacy, sensitization, and waste recycling initiatives across communities and institutions.

Through ZESF, we extend Zilcycler's mission beyond commercial recycling into community-led action, public awareness, and sustainable environmental management.

Our Aims and Objectives

The Foundation is guided by a clear mandate set out in its Constitution:

  • To organize sensitization programs on environmental management in communities and institutions.
  • To provide communities with peculiar waste recycling services.
  • To help reduce the rate of indiscriminate disposal of wastes through sensitization programs.

Chairman

Secretary

Treasurer

Trustees

Governance Structure

The Foundation is governed by a Board of Trustees elected at a General Meeting by a two-thirds majority of members present, in line with the Companies and Allied Matters Act CAP C20 LFN 2004. The Board consists of not less than 2 and not more than 15 Trustees, each serving a 5-year tenure.

The Foundation operates under a Common Seal kept in the custody of the Secretary, and all official documents executed by the Trustees bear this seal.

Meetings

For effective administration, the Foundation holds the following meetings, with a quorum formed by one-third (1/3) of members in each:

  • General Meeting
  • Executive Meeting
  • Emergency Meeting
  • Annual General Meeting

Sources of Income

As a not-for-profit, the Foundation funds its activities through:

  • Freewill donations
  • Fundraising
  • Grants
  • Crowdfunding

Financial Accountability

All monies received on behalf of the Foundation are deposited in the Foundation's bank account with banks approved by the Board of Trustees. Bank account signatories are a combination of the Chairman, the Secretary, and the Treasurer. Funds are disbursed solely toward the Foundation's stated objectives.

The Foundation maintains three registers for full transparency:

  • Income Register
  • Cash Receipts and Payment Register
  • Bank Lodgment and Payment Register

Independent qualified and licensed Auditors are appointed at the General Meeting to audit the Foundation's records annually. Audited financial statements, duly certified, are filed with the Corporate Affairs Commission as part of annual returns.

Special Clause

The income and property of Zilch Environmental Sustainability Foundation are applied solely toward the promotion of its objectives. No portion is paid or transferred — directly or indirectly — by way of dividend, bonus, or profit to its members. In the event of dissolution, any remaining property is transferred to another institution with similar objectives, or to a charitable cause.

Foundation Leadership

Lateef Taofeek Olatunji

Chairman, Board of Trustees

Adeosun Abiodun Segun

Secretary, Board of Trustees

Registered Information

Name: Zilch Environmental Sustainability Foundation

Registered Address: 5, Alhaji Street, Opposite Topland Filling Station, Off Harmony Estate Road, Akerebiata, Ilorin, Nigeria

Registration: Incorporated Trustee — Corporate Affairs Commission of Nigeria (Certified February 27, 2023)

Type: Not-for-profit, non-political organisation

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