The FAMC is one of the working groups of the Auroville Foundation, recognised by the Foundation Act, and specifically required to advise the Governing Board on the following:
- the utilisation of funds and management of assets.
- taxes and audits.
- the sale, acquisition and utilisation of immovable assets.
The FAMC also approves the creation and closure of Trusts and Units and the appointment and resignation of Trustees and Executives; it oversees the performance of Trusts and Units; and evolves guidelines and policies for the management of Trusts, Units and immovable assets such as housing and other public buildings and funds held by Auroville Unity Fund.
The recently ratified FAMC mandate calls for a selection process to take place to create a strong and functional team.
This 3 day selection process is planned to be hosted from the 21st-23rd of October 2016 for the 3 groups of AVCouncil, Working Committee and FAMC.
For more info contact FAMC administrative coordination,
Ph. 043-262-3649, or