1. Our Governance Philosophy

At the Pabio Stone Foundation (PSF), governance is more than a compliance requirement, it is the foundation of our credibility, our relationships, and our long term impact.

We operate with absolute transparency, ethical leadership and strict management controls to uphold the trust placed in us by donors, partners, communities and the global development ecosystem.

Our governance model ensures that every resource (financial, human or material) is managed responsibly and aligned with our mission to transform communities and empower the most vulnerable.

2. Leadership & Oversight Structure

PSF operates under a robust governance framework consisting of: 

• Board of Trustees: The Board provides high level oversight accountability
• Executive Leadership Team: Led by the Founder/President and the Managing Director, this team manages daily operations and drives program implementation.
• Advisory Partners: Subject-matter experts from academia, development, finance, agriculture, education, and governance serve as advisory partners on a project-by-project basis to strengthen program quality and sustainability.

3. Transparency & Financial Accountability

The Foundation adheres to strict internal financial management systems designed to ensure integrity, traceability, and responsible use of funds.

Our financial governance includes:

• Independent Financial Controls
• Annual Externa Audits
• Regular Financial Reporting

This ensures that every financial decision is documented, justified and aligned with donor expectations.

4. Monitoring, Evaluation, Learning & Accountability (MELA)

PSF uses a modern MELA framework, ensuring that all programs lead to measurable, verifiable and sustainable impact.

• Impact Tracking & Data Collection
• Learning for Improvement
• Accountability to Beneficiaries

5. Ethical Standards & Compliance

PSF upholds the highest ethical standards in all its engagements.

• Anti-Corruption & Anti-Fraud Policy
• Safeguarding Policy
• Whistleblowing Mechanism

6. Regulatory Compliance

PSF operates fully in line with:

• Corporate Affairs Commission (CAC)
• Nigeria NGO laws
• Financial Reporting Council guidelines
• International development sector compliance standards
• Donors regulations (UN, EU, USAID, DFID, AFDB, Foundations)

We maintain up-to-date registration, annual filings, audit submissions and government reporting.

7. Partnership Accountability

We ensure full compliance with partnership expectatins through:

• Transparent contracting
• Shared monitoring frameworks
• Regular stakeholders reviews
• Detailed impact documentation
• Donor visibility on funded projects

Partners receive full access to project tracking tools, performance dashboards and monitoring reports.

8. Community Accountability

PSF believes communities are not beneficiaries, they are partners.

We ensure:

• Community participation in planning
• Co-designing programs with local stakeholders
• Regular town-hall meetings
• Community feedback systems
• Transparent reporting back to communities