ARTICLE NINE: The FOUNDATION in order to fulfill its purpose may acquire, receive and dispose of any type of asset and title. The organization and administration of the FOUNDATION assets shall be the responsibility of the Board of Directors; these functions may be undertaken directly by the Board of Directors, through the legal representative, or other person charged with the responsibility for this function. Funds shall, with previous approval of the Board of Directors, be deposited in accounts of legally established institutions in the country that are known for their experience and reliability.