Building a better tomorrow
One of the main goals of the European Benevolence Fund is to create an endowment of £1,000,000, which we intend to invest to pay for a Bosnian orphanage. This money will be raised through a handful of large donors each contributing between £50,000 and £100,000 a year.
Once the target is achieved, the ongoing financial support will enable us to employ local people to work in the orphanage. One of our trustees, currently living in England , is Bosnian and will return to Bosnia to run oversee the project.
Until we reach our target of a million pounds, we will also channel people's donations into smaller projects that will improve schooling, with practical items such as desks, chairs and books. We also aim to sponsor individual students who show academic ability.
In our experience, many charities struggle because they are completely dependent on individual donations. The endowment concept should enable us to remain completely self-sufficient and in control of our finances - something that should allow us to guarantee a better tomorrow for at least some of Bosnia 's children.