Nonprofit
Romanian-American Foundation
Mission
The mission of the Romanian-American Foundation is to strengthen and promote conditions for a sustainable market economy and a democratic society that provides access to opportunity for all segments of Romanian society.
We envision a more prosperous, engaged and entrepreneurial society, where people think more innovatively and act more responsibly.
In the long run, and as a result of our work, we would like to see that:
- Communities are shaping their own future
- The rural economy is creating significant value for the economy;
- Innovation and technology are an integral part of Romania’s core economy;
- Young people are encouraged to become leaders for change and progress;
- Philanthropy becomes a societal value, grounded in solidarity and trust.
We support programs, ideas and organizations with a high potential for growth and replication, which can have substantial impact in communities.
IMPACT
We know that our financial and organizational resources are modest compared to the needs of Romanian society, therefore we focus on those areas where well-structured and targeted investments have the potential to create a significant change.
PARTNERS
We seek to support and collaborate with change-makers and leaders from different areas, organizations that share our vision and passion for developing the public good.
STRATEGIC PRIORITIES
We have identified three strategic priorities that will guide our work in the following years, namely: rural economy, technology & innovation, and civil society & philanthropy.
The Romanian-American Foundation is run by a local team based in Bucharest, and an international Board of Trustees.
The mission of the Romanian-American Foundation is to strengthen and promote conditions for a sustainable market economy and a democratic society that provides access to opportunity for all segments of Romanian society.
We envision a more prosperous, engaged and entrepreneurial society, where people think more innovatively and act more responsibly.
In the long run, and as a result of our work, we would like to see that:
- Communities are shaping their own future
- The rural economy is creating significant value for the economy;
- Innovation and technology are an integral part of Romania’s core economy;
- Young people are encouraged to become leaders for change and progress;
- Philanthropy becomes a societal value, grounded in solidarity and trust.
We support programs, ideas and organizations with a high potential for growth and replication, which can have substantial impact in communities.
IMPACT
We know that our financial and organizational resources are…
About Us
The Romanian-American Foundation was founded in 2009, as a successor to the Romanian-American Enterprise Fund (RAEF). Created in 1994 by the United States Congress and funded through the U.S. Agency for International Development (USAID), RAEF pioneered a combination of investment and development activities that proved very successful in the Romanian market place. At the end of its mandate, RAEF returned half of the initial grant to the U.S. Treasury Department, the remaining half and all the profits generated constituting the endowment for an in-perpetuity foundation.
The Romanian-American Foundation is emblematic of America’s enduring commitment to the Romanian people and Romania’s historic transition to a market-based economy.
The Romanian-American Foundation was founded in 2009, as a successor to the Romanian-American Enterprise Fund (RAEF). Created in 1994 by the United States Congress and funded through the U.S. Agency for International Development (USAID), RAEF pioneered a combination of investment and development activities that proved very successful in the Romanian market place. At the end of its mandate, RAEF returned half of the initial grant to the U.S. Treasury Department, the remaining half and all the profits generated constituting the endowment for an in-perpetuity foundation.
The Romanian-American Foundation is emblematic of America’s enduring commitment to the Romanian people and Romania’s historic transition to a market-based economy.
Location & Contact
- + 4 0312 261 223
- office@rafonline.org
- Bucharest, Romania
