About the Foundation

Headquartered in Kosovo, the Foundation begins its work locally and across the Western Balkans, with the deliberate ambition to grow into a philanthropic institution of European and, ultimately, global reach. It is conceived not as a conventional charity but as a permanent institutional platform that mobilizes financial resources, expertise, innovation and partnerships to address structural societal challenges.

Its operating philosophy extends well beyond traditional grant-giving. Within a single disciplined institution it integrates direct humanitarian assistance and emergency response; strategic philanthropy and structured grant-making; impact investing and prudent endowment management; research funding and institution-building; community development and capacity building; ESG and CSR implementation in partnership with the Group; and social entrepreneurship and the operation of mission-aligned institutions. It is designed to exist in perpetuity.

At a glance

Legal formIndependent, non-profit, public-benefit philanthropic foundation (NGO) under Kosovo Law No. 06/L-043
FoundersKelmendi Family; Kelmendi Holdings Ltd.
HeadquartersPrishtinë, Republic of Kosovo (registered seat to be confirmed)
Geographic focusRooted in Kosovo and the Western Balkans; expanding across Europe and the global Albanian diaspora, with a long-term mission to operate worldwide — in deliberate, well-governed phases
Funding baseFounder and Group contributions; dividend contribution programme; equity endowment programme; third-party donations; institutional grants; endowment investment returns
GovernanceFounder Council; Board of Trustees; Executive Management; specialized committees and advisory councils
Time horizonPerpetual — a permanent endowment institution
ReportingAnnual audited financial statements (EUR); impact, governance, grant and investment reports

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Vision & mission

Vision. To create a world in which every individual has the opportunity to live with dignity and to access education, healthcare, economic opportunity and a sustainable environment — enabling communities to thrive for generations.

Mission. To mobilize resources, knowledge, partnerships and innovation in order to improve lives, empower communities, advance education, promote health, support humanitarian causes, protect the environment, and foster sustainable development — beginning in Kosovo and the wider region and extending, over time, across Europe and worldwide.

Core values

Ten core values guide the Foundation’s conduct and decision-making.

Faith and Service

Serving humanity is among the highest forms of service to God, expressed inclusively and respectfully toward all.

Human Dignity

Every person deserves respect, opportunity and the means to reach their full potential.

Compassion

We respond to human suffering with care, generosity and decisive action.

Integrity

We operate with honesty, transparency and accountability at every level.

Stewardship

We responsibly manage the resources entrusted to us — including the natural world and the humane treatment of animals — for today and for the future.

Excellence

We strive for measurable, lasting and credible impact.

Sustainability

We invest in solutions that benefit future generations and protect the environment.

Innovation

We encourage new ideas and transformative approaches to enduring problems.

Collaboration

Lasting impact is achieved through partnership.

Responsibility to Future Generations

Every major decision weighs its long-term consequences for those who follow.

Strategic positioning

The Foundation is positioned, from inception, not as a small charitable vehicle but as a long-term, family-founded, business-supported and professionally governed philanthropic institution. Five principles anchor its positioning:

PERMANENCE

Built to operate in perpetuity, with capital and institutions that outlast any single decision-maker or generation.

STRUCTURED BUSINESS LINKAGE

The Foundation may hold minority, non-voting interests in Group companies and deploy the resulting dividends and returns to finance its mission.

PROFESSIONAL GOVERNANCE

Family legacy is institutionalized through formal boards, committees, policies and reporting, reducing reliance on individual discretion.

MEASURABLE IMPACT

Impact is evidenced and reported, not merely announced; a results-based framework is embedded from the outset.

PLATFORM FOR SHARED PHILANTHROPY

Designed to receive and steward contributions from Group companies, the diaspora, corporates, individuals and international partners under a single transparent governance model.

Strategic pillars

The Foundation organizes its work around eleven permanent strategic pillars — its complete mission map — sequenced by intent: respond, empower, sustain, protect and advance, and build enduring capacity. Broader themes such as arts, culture, heritage, faith and animal welfare are pursued as programmes and cross-cutting areas beneath these pillars rather than as separate top-level pillars.

#PillarRepresentative activities and institutions
01Humanitarian Assistance & Emergency ResponseFood and nutrition; shelter; disaster relief and emergency response; community social-care programmes.
02Education, Scholarships & Vocational SkillsScholarships; vocational and technical training; STEM and digital literacy; teacher development — schools, VET centres, academies and, in time, universities.
03Health & WellbeingHealthcare access and medical infrastructure; prevention; mental, child and elderly care; medical research — clinics, medical centres and rural telemedicine.
04Youth Development, Employment & EntrepreneurshipLeadership and mentorship; entrepreneurship and innovation labs; careers; a prospective “Kelmendi Fellows” programme.
05Women, Girls & Economic EmpowermentEducation and leadership; entrepreneurship and employment; financial inclusion; community-leadership projects.
06Children, Family & Future GenerationsEarly childhood development; child protection and nutrition; parenting and family support; disability inclusion.
07Agriculture, Food Security & Rural ResilienceSmallholder and family-farm productivity; water and soil management; cooperatives and market access; climate-resilient agritech.
08Sustainability, Environment & ClimateRenewable energy and efficiency; climate resilience; reforestation and biodiversity; water and the circular economy.
09Peace, Rule of Law & Human SecurityPeacebuilding and social cohesion; anti-trafficking and victim services; community safety; rights education.
10Research, Science & InnovationApplied and scientific research in AI, engineering and clean energy — research institutes, laboratories, innovation centres and think tanks.
11Community & Institutional DevelopmentInfrastructure and public spaces; community and cultural centres; local economic development; social cohesion.

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Applies across all eleven pillars. Safeguarding, non-discrimination, anti-fraud and anti-bribery, conflict-of-interest management and institutional independence are cross-cutting controls that govern every pillar — separating what the Foundation funds from how it is governed.

Funding model

The Foundation is designed to be financially resilient and diversified, combining founder and corporate contributions with external donations, grants and prudent endowment returns. All mechanisms operate subject to applicable Kosovo law, corporate approvals, the Foundation’s statutes and relevant tax and regulatory requirements.

SourceDescription
Founding contributionsInitial and ongoing contributions from the Kelmendi Family and Kelmendi Holdings Ltd.
Corporate contributionsSupport from Group companies through donations and aligned CSR/ESG programmes and partnerships.
Dividend contribution programmeParticipating Group companies may aspire to contribute at least 10% of distributable dividends — a long-term aspiration, not a binding obligation unless separately approved and documented, subject to law, performance and approvals.
Equity endowment programmeWhere legally permissible, Group companies may allocate up to 10% in non-voting ownership interests, creating permanent income-generating endowment assets.
Third-party donationsContributions from individuals, corporations, foundations, NGOs, international organizations and governments.
Institutional grantsFunding from the EU, UN agencies, development banks, international donors and government programmes.
Endowment investmentsPrudent investment of endowment assets to generate sustainable income in support of the mission.

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Figures and percentages express structural intentions; actual amounts are reported in the annual audited financial statements (in EUR).

Institutional development & endowment assets

A distinctive feature of the Foundation’s model is its capacity to build and own institutions, not only to fund third parties. Subject to law and to its statutes, the Foundation may establish, own, operate, support, acquire, receive through donation or endow institutions intended to form part of its permanent endowment and mission assets.

CategoryIllustrative institutions
EducationalSchools, colleges, universities, academies and libraries.
HealthcareHospitals, clinics, research hospitals and medical centres.
ResearchResearch centres, laboratories and innovation hubs.
Social infrastructureCommunity centres, cultural centres, museums and public facilities.
EnvironmentalConservation areas, botanical gardens and sustainability centres.

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Illustrative categories only; the establishment, ownership or endowment of any institution remains subject to applicable Kosovo law, the Foundation’s statutes and the relevant corporate and regulatory approvals.

Governance & accountability

BodyPrimary responsibilities
Founder CouncilLong-term strategic guidance and protection of mission, identity and core values across generations.
Board of TrusteesGovernance, oversight, strategic direction and stewardship of assets — family representatives, independent experts, philanthropy and business leaders, and academics.
Executive ManagementDay-to-day leadership and delivery, led by a CEO supported by professional management teams.
CommitteesInvestment; Audit, Risk & Compliance; Grants & Programs; Ethics & Values; Governance & Nominations.
Advisory CouncilsSpecialist advice across education, health, research, sustainability, humanitarian affairs and investments.

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The Foundation commits to world-class transparency. A results-based impact framework is embedded from the outset, and annual public disclosures comprise audited financial statements (EUR), an annual and impact report, a governance report, a grant report and an investment summary.

Geographic scope & long-term legacy

The Foundation’s ambition is global, pursued in deliberate phases — Local (a strong base in Kosovo), Regional (across the Western Balkans), European and diaspora (partnerships across Europe and the global Albanian diaspora), and Global (participation in international initiatives). Intended beneficiaries include children and families; youth and students; women and entrepreneurs; vulnerable and excluded groups; rural and underserved communities; patients and the elderly; researchers and innovators; and the communities in which the Group operates.

The Foundation is intended to operate in perpetuity — creating institutions, endowments, knowledge, opportunities and resources that continue to serve society for generations.

ERAM Group’s role

ERAM Group, as part of the founding group, supports the Foundation’s mission and delivers the social and community dimension of its own responsible-business agenda through it — so that giving across the group is coordinated, professional and accountable. Specific ERAM-supported programmes and figures will be published here as the Foundation formalises its activity; nothing on this page has been invented beyond the Foundation’s institutional profile.

How ERAM gives back