Virtue Fund

“Virtue” Fund

Bank account for donations to the “Virtue” Fund

 
Foundation “Atanas Burov”
I-BAN: BG77UBBS80021057746430
 BIC: UBBSBGSF
with Unaited Bulgarian  Bank  AD

The “Virtue” Fund was created with Resolution of the Trustees’ General assembly on the 2nd of October, 2008.

Objective
To help students, attending universities of economy in Bulgaria and pupils of the professional secondary schools of economics in the country with one or both deceased parents.

How is the fund financed and how does it work?
The fund is formed by object-oriented donations from physical and juridical persons; from charity object-oriented campaigns and from interests on deposits. The amounts it distributes among candidates depend on the gathered funds for every year.

The Fund “Virtue” is managed by Managing Board, consisting of three trustees, approved by the Foundation’s Managing Board. At least once per year the Managing Board renders an account of its work to the Managing Board of the Foundation “Atanas Burov” through a report on its work. The decision to grant a financial assistance from the “Virtue” Fund is taken by the members of its Managing Board with a simple majority.

Who is entitled to such an assistance?
The students and pupils who have the right to apply for financial assistance from the “Virtue” Fund are:
a) Bulgarian citizens;
b) With one or both deceased parents;
c) Full-time students or pupils in economics or economics related specialties
With average grades of at least „Very good” 4,50 during their studies in the university or in the school.