Our vision is to create the largest sustainable charity fund in Eastern Europe that supports the development of young people. We want to grow the fund’s assets as efficiently and transparently as possible, constantly providing an overview of the good deeds done, investments and future plans.
The current Chairman of the Board, Sander Sildver, has been leading the Foundation for the last 6 years, during which time the fund’s assets have increased 5-fold and more than €14,000 worth of scholarships and grants have been issued for various projects:
Sander has done this work with all his heart, and continues on the Board helping to organize the annual Greete Poderat Young Athlete Scholarship.
Madis Raud, who has 15 years of experience in various roles in the Southwestern Advantage organization, will take over the active management of the Foundation from February. Madis started working with Southwestern Advantage in 2007 by selling books door-to-door, which, to his surprise, he managed relatively successfully, and a casual summer job turned into a very long and successful career. While developing his sales and management skills in the SW summer program during university years, he built an international sales team of 20-30 members and was promoted to sales manager. In total, Madis worked in the Southwestern Advantage summer program for 11 years, mentoring and helping young people get the skills and character to be successful in life. During this time, Madis graduated with bachelor’s degree in informatics at the University of Tartu and a master’s degree in entrepreneurship at the Estonian Business School.
Currently, Madis is responsible for the partnership relations of the European division of Southwestern Advantage and leads the US J-1 program alumni organization BridgeUSA Estonian Alumni Association. In addition, he is actively engaged in investing, real estate portfolio management, accounting and Estonian Defence League. Given Madis’ background and experience, we are confident that the Southwestern Advantage Foundation will continue to be in good hands.
Plans and goals for 2024
In cooperation with major Baltic universities, Southwestern Advantage Foundation has announced the Southwestern Advantage Entrepreneurial Youth Scholarship competition. We plan to regularly offer enterprising students in Estonia, Latvia and Lithuania the opportunity to apply for scholarships of 1,000 to 2,000 euros to support students with their studies and ventures. In Estonia and Lithuania, applications for scholarships take place already in February: