BG_X 2007_97

Grant Number BG_X 2007_97
Type In-Country Grant
Country Bulgaria
Organization Association of Community Foundations in Bulgaria (ACFB)
Project Name Time for Growth: Strategy for Bulgarian Community Foundations development
Amount Awarded USD 57,000.00
Grant Period April 01, 2008 – April 01, 2009
Project Description

The proposed project will enable the Community Foundations to test different approaches to different types of donors, to modify their endowment building strategies and make them more feasible in their local environments. The small operation cost grants that will be released by ACFB will enable the CFs to try different approaches and techniques for raising money for endowment. The matching grants will stimulate local donors to consider seriously the option of creating permanent funds at the community foundations. Some initial capital for endowment will be collected.

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