Excerpt from the Bylaws of the Executive Board and Executive Director:
F. The Executive Director
1. The executive director directs the day-to-day operations of the foundation in accordance with the charter and these bylaws. He or she is responsible to the executive board and bound by its instructions.
2. The executive director participates in meetings of the executive board in an advisory capacity.
3. All grant proposals in accordance with § 8 para. 5 of these bylaws are to be assembled by the executive director and presented to the executive board at its next official meeting.