DONTCHEV FOUNDATION

Registered charity 1103251 · accounts filings on the Charity Commission register

The Foundation provides grants to students attending UK universities as well as universities abroad. Dontchev Foundation sponsors the construction of new building of school complex including kindergarden, primary school, junior high-school, high-school and a sports center named "Bulgarsko Shkolo".

Objects

TO ADVANCE EDUCATION AND RELIEVE POVERTY AND TO PROMOTE SUCH OTHER PURPOSES AS ARE NOW OR MAY HEREAFTER BE DEEMED BY ENGLISH LAW TO BE CHARITABLE

Area of benefit: NOT DEFINED

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · Grant history (this charity is a funder) · Get email alerts

Financial health, per its FY2025 accounts

The accounts state that the charity held unrestricted reserves of BGN 53,411,139 as of 31 December 2025, with no stated reserves policy target for comparison. The trustees acknowledge that the charity is dependent on donations from a trustee and the discharge of indebtedness owed by a related company to fund its future grant-making activities.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Conflicting interests
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investing charity funds policy and procedures
• Risk management
• Serious incident reporting policy and procedures
• Trustee conflicts of interest policy and procedures

Structured financials (annual return, FY ending 31/12/2023)

Reported reserves equal ~0.0 months of spending — in the bottom quarter for charities its size (median 7.1 months; benchmarks).

Per its annual return, largest income source: Other (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.0%) (benchmarks).

Trustees · trustee networks

• IAVOR VESELINOV MANOILOV
• PLAMEN DONCHEV
• SASHO GEORGUIEV DONTCHEV
• YAVOR LUDMILOV DJONEV

Trustee list from the Charity Commission register (current, not historical).

Operates in: Bulgaria

Income and spending

Common questions