{"id":3290,"date":"2025-01-21T13:01:07","date_gmt":"2025-01-21T11:01:07","guid":{"rendered":"https:\/\/swacharity.eu\/?p=3290"},"modified":"2025-05-19T14:58:18","modified_gmt":"2025-05-19T11:58:18","slug":"2024-overview","status":"publish","type":"post","link":"https:\/\/swacharity.eu\/en\/2024-overview\/","title":{"rendered":"Southwestern Advantage Foundation 2024 overview"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-one-full fusion-column-first fusion-column-last\" style=\"--awb-bg-size:cover;--awb-margin-bottom:0px;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-text fusion-text-1\" style=\"--awb-content-alignment:justify;\"><p>Our vision is to build the largest sustainable charitable foundation in Eastern Europe dedicated to supporting youth development. We aim to grow the foundation&#8217;s assets as effectively and transparently as possible, providing regular updates on our charitable actions, investments, and future plans to our supporters.<\/p>\n<p>Over seven years of operation, we have grown the foundation\u2019s assets to <strong>\u20ac127,035<\/strong>. With an expected annual return of 10% from our investments, we are able to allocate at least 5% of the foundation\u2019s assets annually to charitable projects and scholarships, while simultaneously growing the fund through the power of compound interest. To date, we have contributed a total of <strong>\u20ac23,119<\/strong> to support various initiatives.<\/p>\n<div class=\"visualizer-front-container\" id=\"chart_wrapper_visualizer-3282-1772609246\"><style type=\"text\/css\" name=\"visualizer-custom-css\" id=\"customcss-visualizer-3282\">.locker,.locker-loader{position:absolute;top:0;left:0;width:100%;height:100%}.locker{z-index:1000;opacity:.8;background-color:#fff;-ms-filter:\"progid:DXImageTransform.Microsoft.Alpha(Opacity=80)\";filter:alpha(opacity=80)}.locker-loader{z-index:1001;background:url(https:\/\/swacharity.eu\/wp-content\/plugins\/visualizer\/images\/ajax-loader.gif) no-repeat center center}.dt-button{display:none!important}.visualizer-front-container.visualizer-lazy-render{content-visibility: auto;}.google-visualization-controls-categoryfilter label.google-visualization-controls-label {vertical-align: middle;}.google-visualization-controls-categoryfilter li.goog-inline-block {margin: 0 0.2em;}.google-visualization-controls-categoryfilter li {padding: 0 0.2em;}.visualizer-front-container .dataTables_scrollHeadInner{margin: 0 auto;}<\/style><div id=\"visualizer-3282-1772609246\" class=\"visualizer-front  visualizer-front-3282\"><\/div><!-- Not showing structured data for chart 3282 because title is empty --><\/div>\n<p>Looking back on the goals set at the beginning of 2024, we can be proud of what we\u2019ve achieved. In 2024 the <strong>foundation\u2019s assets under management grew by 16%<\/strong> thanks to supporters and investment returns. We supported active young people in Estonia, Latvia, and Lithuania with a total of \u20ac8,600, which accounted for 7.8% of the foundation&#8217;s assets at the start of the 2024.<\/p>\n<p>One of our key objectives was to establish regular scholarships for active and entrepreneurial youth in partnership with the leading universities in the Baltics\u2014a goal we successfully achieved. The seminars held as part of the scholarship application process received highly positive feedback from students. More than 100 students from Estonia, Latvia, and Lithuania applied, and six were awarded scholarships totaling \u20ac7,000. You can learn more about these students\u2019 achievements and endeavors on our <a href=\"https:\/\/swacharity.eu\/en\/blog\/\">blog<\/a>. The Entrepreneurial Youth Scholarship aims to recognize and support active young individuals, and we plan to continue this initiative in collaboration with universities in the coming years.<\/p>\n<\/div><div class=\"fusion-blog-shortcode fusion-blog-shortcode-1 fusion-blog-archive fusion-blog-layout-timeline-wrapper fusion-blog-no\" style=\"margin-top:5%;margin-bottom:5%;\"><div class=\"fusion-posts-container fusion-posts-container-no fusion-no-meta-info fusion-blog-rollover\" data-pages=\"1\"><div class=\"fusion-timeline-icon\"><i class=\"awb-icon-bubbles\" style=\"color:#ebeaea;\" aria-hidden=\"true\"><\/i><\/div><div class=\"fusion-blog-layout-timeline fusion-clearfix\"><div class=\"fusion-timeline-line\" style=\"border-left:1px solid #ebeaea;border-right:1px solid #ebeaea;\"><\/div><h3 class=\"fusion-timeline-date\" style=\"background-color:#ebeaea;\">December 2024<\/h3><div class=\"fusion-collapse-month\"><article id=\"blog-1-post-3251\" style=\"border-color:#ebeaea;\" class=\"fusion-post-timeline fusion-clearfix fusion-left-column post-3251 post type-post status-publish format-standard has-post-thumbnail hentry category-blog-en category-successful-projects tag-markkazakevic2024-en\">\n<div class=\"fusion-post-wrapper\" style=\"background-color:rgba(255,255,255,1);\">\n\n\t\t\t<div class=\"fusion-flexslider flexslider fusion-flexslider-loading fusion-post-slideshow\" style=\"border-color:#ebeaea;\">\n\t\t<ul class=\"slides\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><div  class=\"fusion-image-wrapper\" aria-haspopup=\"true\">\n\t\t\t\t<img decoding=\"async\" width=\"2048\" height=\"1536\" src=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/Group-Photo.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/Group-Photo-200x150.jpg 200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/Group-Photo-400x300.jpg 400w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/Group-Photo-600x450.jpg 600w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/Group-Photo-800x600.jpg 800w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/Group-Photo-1200x900.jpg 1200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/Group-Photo.jpg 2048w\" sizes=\"(max-width: 800px) 100vw, 40vw\" \/><div class=\"fusion-rollover\">\n\t<div class=\"fusion-rollover-content\">\n\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t<a class=\"fusion-link-wrapper\" href=\"https:\/\/swacharity.eu\/en\/ettevotliku-noore-stipendiumi-sugiskonkurss-leedus\/\" aria-label=\"2024 Entrepreneurial Youth Fall Scholarship in Lithuania\"><\/a>\n\t<\/div>\n<\/div>\n<\/div>\n<\/li>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t<\/div>\n\t<div class=\"fusion-post-content-wrapper\" style=\"padding:30px 25px 20px 25px;\"><div class=\"fusion-post-content post-content\"><div class=\"fusion-timeline-circle\" style=\"background-color:#ebeaea;\"><\/div><div class=\"fusion-timeline-arrow\" style=\"color:#ebeaea;\"><\/div><h1 class=\"blog-shortcode-post-title entry-title\"><a href=\"https:\/\/swacharity.eu\/en\/ettevotliku-noore-stipendiumi-sugiskonkurss-leedus\/\">2024 Entrepreneurial Youth Fall Scholarship in Lithuania<\/a><\/h1><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div>\n<\/article>\n<article id=\"blog-1-post-3209\" style=\"border-color:#ebeaea;\" class=\"fusion-post-timeline fusion-clearfix fusion-right-column post-3209 post type-post status-publish format-standard has-post-thumbnail hentry category-blog-en category-successful-projects tag-johannatristan2024-en\">\n<div class=\"fusion-post-wrapper\" style=\"background-color:rgba(255,255,255,1);\">\n\n\t\t\t<div class=\"fusion-flexslider flexslider fusion-flexslider-loading fusion-post-slideshow\" style=\"border-color:#ebeaea;\">\n\t\t<ul class=\"slides\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><div  class=\"fusion-image-wrapper\" aria-haspopup=\"true\">\n\t\t\t\t<img decoding=\"async\" width=\"2048\" height=\"1367\" src=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/54199697138_c7416fef9a_k.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/54199697138_c7416fef9a_k-200x133.jpg 200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/54199697138_c7416fef9a_k-400x267.jpg 400w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/54199697138_c7416fef9a_k-600x400.jpg 600w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/54199697138_c7416fef9a_k-800x534.jpg 800w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/54199697138_c7416fef9a_k-1200x801.jpg 1200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/12\/54199697138_c7416fef9a_k.jpg 2048w\" sizes=\"(max-width: 800px) 100vw, 40vw\" \/><div class=\"fusion-rollover\">\n\t<div class=\"fusion-rollover-content\">\n\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t<a class=\"fusion-link-wrapper\" href=\"https:\/\/swacharity.eu\/en\/2024-ettevotliku-noore-stipendiumi-sugiskonkurssi-voitjad-selgunud\/\" aria-label=\"The Winners of the 2024 Estonian Entrepreneurial Youth Scholarship Fall Competition Announced\"><\/a>\n\t<\/div>\n<\/div>\n<\/div>\n<\/li>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t<\/div>\n\t<div class=\"fusion-post-content-wrapper\" style=\"padding:30px 25px 20px 25px;\"><div class=\"fusion-post-content post-content\"><div class=\"fusion-timeline-circle\" style=\"background-color:#ebeaea;\"><\/div><div class=\"fusion-timeline-arrow\" style=\"color:#ebeaea;\"><\/div><h1 class=\"blog-shortcode-post-title entry-title\"><a href=\"https:\/\/swacharity.eu\/en\/2024-ettevotliku-noore-stipendiumi-sugiskonkurssi-voitjad-selgunud\/\">The Winners of the 2024 Estonian Entrepreneurial Youth Scholarship Fall Competition Announced<\/a><\/h1><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div>\n<\/article>\n<article id=\"blog-1-post-3180\" style=\"border-color:#ebeaea;\" class=\"fusion-post-timeline fusion-clearfix fusion-left-column post-3180 post type-post status-publish format-standard has-post-thumbnail hentry category-blog-en category-successful-projects tag-izolde2024\">\n<div class=\"fusion-post-wrapper\" style=\"background-color:rgba(255,255,255,1);\">\n\n\t\t\t<div class=\"fusion-flexslider flexslider fusion-flexslider-loading fusion-post-slideshow\" style=\"border-color:#ebeaea;\">\n\t\t<ul class=\"slides\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><div  class=\"fusion-image-wrapper\" aria-haspopup=\"true\">\n\t\t\t\t<img decoding=\"async\" width=\"1080\" height=\"755\" src=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/11\/Scholarship-recipient-Latvia-2.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/11\/Scholarship-recipient-Latvia-2-200x140.jpg 200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/11\/Scholarship-recipient-Latvia-2-400x280.jpg 400w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/11\/Scholarship-recipient-Latvia-2-600x419.jpg 600w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/11\/Scholarship-recipient-Latvia-2-800x559.jpg 800w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/11\/Scholarship-recipient-Latvia-2.jpg 1080w\" sizes=\"(max-width: 800px) 100vw, 40vw\" \/><div class=\"fusion-rollover\">\n\t<div class=\"fusion-rollover-content\">\n\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t<a class=\"fusion-link-wrapper\" href=\"https:\/\/swacharity.eu\/en\/2024-entrepreneurial-youth-scholarship-in-latvia\/\" aria-label=\"2024 Entrepreneurial Youth Scholarship in Latvia\"><\/a>\n\t<\/div>\n<\/div>\n<\/div>\n<\/li>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t<\/div>\n\t<div class=\"fusion-post-content-wrapper\" style=\"padding:30px 25px 20px 25px;\"><div class=\"fusion-post-content post-content\"><div class=\"fusion-timeline-circle\" style=\"background-color:#ebeaea;\"><\/div><div class=\"fusion-timeline-arrow\" style=\"color:#ebeaea;\"><\/div><h1 class=\"blog-shortcode-post-title entry-title\"><a href=\"https:\/\/swacharity.eu\/en\/2024-entrepreneurial-youth-scholarship-in-latvia\/\">2024 Entrepreneurial Youth Scholarship in Latvia<\/a><\/h1><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div>\n<\/article>\n<\/div><h3 class=\"fusion-timeline-date\" style=\"background-color:#ebeaea;\">April 2024<\/h3><div class=\"fusion-collapse-month\"><article id=\"blog-1-post-2968\" style=\"border-color:#ebeaea;\" class=\"fusion-post-timeline fusion-clearfix fusion-right-column post-2968 post type-post status-publish format-standard has-post-thumbnail hentry category-blog-en category-successful-projects tag-liiurb2024-en\">\n<div class=\"fusion-post-wrapper\" style=\"background-color:rgba(255,255,255,1);\">\n\n\t\t\t<div class=\"fusion-flexslider flexslider fusion-flexslider-loading fusion-post-slideshow\" style=\"border-color:#ebeaea;\">\n\t\t<ul class=\"slides\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><div  class=\"fusion-image-wrapper\" aria-haspopup=\"true\">\n\t\t\t\t<img decoding=\"async\" width=\"1533\" height=\"1322\" src=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Stipendiumi-voitja-blog.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Stipendiumi-voitja-blog-200x172.jpg 200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Stipendiumi-voitja-blog-400x345.jpg 400w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Stipendiumi-voitja-blog-600x517.jpg 600w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Stipendiumi-voitja-blog-800x690.jpg 800w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Stipendiumi-voitja-blog-1200x1035.jpg 1200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Stipendiumi-voitja-blog.jpg 1533w\" sizes=\"(max-width: 800px) 100vw, 40vw\" \/><div class=\"fusion-rollover\">\n\t<div class=\"fusion-rollover-content\">\n\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t<a class=\"fusion-link-wrapper\" href=\"https:\/\/swacharity.eu\/en\/esimese-southwestern-advantage-ettevotliku-noore-stipendiumi-saajaks-eestis-osutus-lii-urb\/\" aria-label=\"First Southwestern Advantage Entrepreneurial Youth Scholarship recipient in Estonia &#8211; Lii Urb\"><\/a>\n\t<\/div>\n<\/div>\n<\/div>\n<\/li>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t<\/div>\n\t<div class=\"fusion-post-content-wrapper\" style=\"padding:30px 25px 20px 25px;\"><div class=\"fusion-post-content post-content\"><div class=\"fusion-timeline-circle\" style=\"background-color:#ebeaea;\"><\/div><div class=\"fusion-timeline-arrow\" style=\"color:#ebeaea;\"><\/div><h1 class=\"blog-shortcode-post-title entry-title\"><a href=\"https:\/\/swacharity.eu\/en\/esimese-southwestern-advantage-ettevotliku-noore-stipendiumi-saajaks-eestis-osutus-lii-urb\/\">First Southwestern Advantage Entrepreneurial Youth Scholarship recipient in Estonia &#8211; Lii Urb<\/a><\/h1><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div>\n<\/article>\n<\/div><h3 class=\"fusion-timeline-date\" style=\"background-color:#ebeaea;\">March 2024<\/h3><div class=\"fusion-collapse-month\"><article id=\"blog-1-post-3008\" style=\"border-color:#ebeaea;\" class=\"fusion-post-timeline fusion-clearfix fusion-left-column post-3008 post type-post status-publish format-standard has-post-thumbnail hentry category-blog-en category-successful-projects tag-martynassimkus2024-en\">\n<div class=\"fusion-post-wrapper\" style=\"background-color:rgba(255,255,255,1);\">\n\n\t\t\t<div class=\"fusion-flexslider flexslider fusion-flexslider-loading fusion-post-slideshow\" style=\"border-color:#ebeaea;\">\n\t\t<ul class=\"slides\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><div  class=\"fusion-image-wrapper\" aria-haspopup=\"true\">\n\t\t\t\t<img decoding=\"async\" width=\"1440\" height=\"1086\" src=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Recipient.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Recipient-200x151.jpg 200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Recipient-400x302.jpg 400w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Recipient-600x453.jpg 600w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Recipient-800x603.jpg 800w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Recipient-1200x905.jpg 1200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/04\/Recipient.jpg 1440w\" sizes=\"(max-width: 800px) 100vw, 40vw\" \/><div class=\"fusion-rollover\">\n\t<div class=\"fusion-rollover-content\">\n\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t<a class=\"fusion-link-wrapper\" href=\"https:\/\/swacharity.eu\/en\/esimese-southwestern-advantage-ettevotliku-noore-stipendiumi-saajaks-leedus-osutus-martynas-simkus\/\" aria-label=\"The first recipient of the Southwestern Advantage Entrepreneurial Youth Scholarship in Lithuania is Martynas \u0160imkus\"><\/a>\n\t<\/div>\n<\/div>\n<\/div>\n<\/li>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t<\/div>\n\t<div class=\"fusion-post-content-wrapper\" style=\"padding:30px 25px 20px 25px;\"><div class=\"fusion-post-content post-content\"><div class=\"fusion-timeline-circle\" style=\"background-color:#ebeaea;\"><\/div><div class=\"fusion-timeline-arrow\" style=\"color:#ebeaea;\"><\/div><h1 class=\"blog-shortcode-post-title entry-title\"><a href=\"https:\/\/swacharity.eu\/en\/esimese-southwestern-advantage-ettevotliku-noore-stipendiumi-saajaks-leedus-osutus-martynas-simkus\/\">The first recipient of the Southwestern Advantage Entrepreneurial Youth Scholarship in Lithuania is Martynas \u0160imkus<\/a><\/h1><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div>\n<\/article>\n<\/div><\/div><\/div><\/div><div class=\"fusion-text fusion-text-2\" style=\"--awb-content-alignment:justify;\"><p>Under the leadership of Sander Sildver, we continued awarding the Grete Poderat Young Athlete Scholarship. This year marked the fifth time the scholarship was given, with a \u20ac1,200 award going to Kretel Kaljum\u00e4e. Additionally, we supported the Junior Achievement-organized student company fair.<\/p>\n<\/div><div class=\"fusion-blog-shortcode fusion-blog-shortcode-2 fusion-blog-archive fusion-blog-layout-timeline-wrapper fusion-blog-no\" style=\"margin-bottom:5%;\"><div class=\"fusion-posts-container fusion-posts-container-no fusion-no-meta-info fusion-blog-rollover\" data-pages=\"1\"><div class=\"fusion-timeline-icon\"><i class=\"awb-icon-bubbles\" style=\"color:#ebeaea;\" aria-hidden=\"true\"><\/i><\/div><div class=\"fusion-blog-layout-timeline fusion-clearfix\"><div class=\"fusion-timeline-line\" style=\"border-left:1px solid #ebeaea;border-right:1px solid #ebeaea;\"><\/div><h3 class=\"fusion-timeline-date\" style=\"background-color:#ebeaea;\">June 2024<\/h3><div class=\"fusion-collapse-month\"><article id=\"blog-2-post-3068\" style=\"border-color:#ebeaea;\" class=\"fusion-post-timeline fusion-clearfix fusion-left-column post-3068 post type-post status-publish format-standard has-post-thumbnail hentry category-blog-en category-successful-projects tag-kretelkaljumae2024-en\">\n<div class=\"fusion-post-wrapper\" style=\"background-color:rgba(255,255,255,1);\">\n\n\t\t\t<div class=\"fusion-flexslider flexslider fusion-flexslider-loading fusion-post-slideshow\" style=\"border-color:#ebeaea;\">\n\t\t<ul class=\"slides\">\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<li><div  class=\"fusion-image-wrapper\" aria-haspopup=\"true\">\n\t\t\t\t<img decoding=\"async\" width=\"2560\" height=\"1707\" src=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/06\/Idre_Greta_Kulvet_273-scaled.jpeg\" class=\"attachment-full size-full wp-post-image\" alt=\"\" srcset=\"https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/06\/Idre_Greta_Kulvet_273-200x133.jpeg 200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/06\/Idre_Greta_Kulvet_273-400x267.jpeg 400w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/06\/Idre_Greta_Kulvet_273-600x400.jpeg 600w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/06\/Idre_Greta_Kulvet_273-800x534.jpeg 800w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/06\/Idre_Greta_Kulvet_273-1200x800.jpeg 1200w, https:\/\/swacharity.eu\/wp-content\/uploads\/2024\/06\/Idre_Greta_Kulvet_273-scaled.jpeg 2560w\" sizes=\"(max-width: 800px) 100vw, 40vw\" \/><div class=\"fusion-rollover\">\n\t<div class=\"fusion-rollover-content\">\n\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t<a class=\"fusion-link-wrapper\" href=\"https:\/\/swacharity.eu\/en\/greete2024\/\" aria-label=\"Greete Poderat Young Athlete Scholarship 2024 won by Kretel Kaljum\u00e4e\"><\/a>\n\t<\/div>\n<\/div>\n<\/div>\n<\/li>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/ul>\n\t<\/div>\n\t<div class=\"fusion-post-content-wrapper\" style=\"padding:30px 25px 20px 25px;\"><div class=\"fusion-post-content post-content\"><div class=\"fusion-timeline-circle\" style=\"background-color:#ebeaea;\"><\/div><div class=\"fusion-timeline-arrow\" style=\"color:#ebeaea;\"><\/div><h2 class=\"blog-shortcode-post-title entry-title\"><a href=\"https:\/\/swacharity.eu\/en\/greete2024\/\">Greete Poderat Young Athlete Scholarship 2024 won by Kretel Kaljum\u00e4e<\/a><\/h2><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div>\n<\/article>\n<\/div><\/div><\/div><\/div><div class=\"fusion-text fusion-text-3\" style=\"--awb-content-alignment:justify;\"><p><strong>Financial Highlights<\/strong><\/p>\n<p>We have set a long-term goal to grow the foundation\u2019s invested assets to <strong>\u20ac300,000 by 2030<\/strong>, enabling us to provide \u20ac15,000 annually in scholarships and support. Achieving this goal requires doubling the number of regular donors and maintaining a portfolio return of at least 10% per year.<\/p>\n<p>In 2024, the portfolio return was 8.5%, falling short of the target mainly due to a decline in Baltic stocks, which constitute 33% of the foundation\u2019s portfolio. Monthly donor contributions grew by 19% over the year, but there is still a long way to go to double the number of regular donors. A significant boost to the foundation\u2019s asset growth last year came from a record-breaking result at the Sizzler charity auction.<\/p>\n<div class=\"visualizer-front-container\" id=\"chart_wrapper_visualizer-3286-72952118\"><style type=\"text\/css\" name=\"visualizer-custom-css\" id=\"customcss-visualizer-3286\">.locker,.locker-loader{position:absolute;top:0;left:0;width:100%;height:100%}.locker{z-index:1000;opacity:.8;background-color:#fff;-ms-filter:\"progid:DXImageTransform.Microsoft.Alpha(Opacity=80)\";filter:alpha(opacity=80)}.locker-loader{z-index:1001;background:url(https:\/\/swacharity.eu\/wp-content\/plugins\/visualizer\/images\/ajax-loader.gif) no-repeat center center}.dt-button{display:none!important}.visualizer-front-container.visualizer-lazy-render{content-visibility: auto;}.google-visualization-controls-categoryfilter label.google-visualization-controls-label {vertical-align: middle;}.google-visualization-controls-categoryfilter li.goog-inline-block {margin: 0 0.2em;}.google-visualization-controls-categoryfilter li {padding: 0 0.2em;}.visualizer-front-container .dataTables_scrollHeadInner{margin: 0 auto;}<\/style><div id=\"visualizer-3286-72952118\" class=\"visualizer-front  visualizer-front-3286\"><\/div><!-- Not showing structured data for chart 3286 because description is empty --><\/div>\n<p>Despite significant growth last year and a substantial increase in the number of supported projects, we are currently slightly behind schedule on our goal of reaching <strong>\u20ac300,000 in assets by 2030<\/strong>. We warmly invite you to become a supporter of Southwestern Advantage Foundation and our mission in any way you can. Your contribution will create lasting positive impact and continue to do good for generations to come. <a href=\"https:\/\/swacharity.eu\/et\/anneta\/\">Donate here<\/a>.<\/p>\n<\/div><div class=\"fusion-text fusion-text-4\" style=\"--awb-content-alignment:justify;\"><p><strong>Plans and Goals for 2025<\/strong><\/p>\n<p>In 2025, we have already budgeted <strong>\u20ac9,200 in total support<\/strong>. Of this, \u20ac5,200 is allocated for regular scholarships, and \u20ac4,000 is reserved for one-time contributions. These include Junior Achievement\u2019s high school economics textbook project and the Bizness24h student company competition in Latvia. Additionally, we are exploring opportunities to start regularly awarding the Entrepreneurial Youth Scholarship in Poland.<\/p>\n<p>To support the foundation&#8217;s fundraising efforts, we aim to <strong>increase monthly donations by at least 20%<\/strong> by the end of the year through continuing our efforts to find new regular donors. To achieve this goal, we plan to enhance awareness among Southwestern Advantage\u2019s active students and alumni, encouraging their engagement and support.<\/p>\n<p>In terms of investments, we plan to allocate approximately 15% of the foundation&#8217;s assets to the U.S. stock market in 2025 to mitigate geopolitical risk and reduce the proportion of Baltic stocks in the portfolio. If all goals are met, the foundation\u2019s assets could grow by 20%, reaching <strong>\u20ac152,000<\/strong> by the end of 2025.<\/p>\n<\/div><div class=\"fusion-text fusion-text-5\" style=\"--awb-content-alignment:justify;\"><div>\n<div>\n<p><em>Southwestern Advantage Foundation\u2019s vision is to be the biggest charitable foundation in Eastern Europe that is built on investment principles and helping young people in obtaining knowledge and developing character so they can fulfill their dreams in life. We help European youth get better entrepreneurship education and offer investment knowledge to those who do not have the opportunity. We are working to reduce and prevent poverty.<\/em><\/p>\n<p><em>We only donate money from the fund\u2019s passive income by directing 50% of the return to charity and 50% back to the fund. That is how your good deed will remain giving forever.<\/em><\/p>\n<\/div>\n<div>\n<p><em>Help us help more people:\u00a0<strong><a href=\"https:\/\/swacharity.eu\/en\/donate\/\">https:\/\/swacharity.eu\/en\/donate\/<\/a><\/strong><\/em><\/p>\n<\/div>\n<\/div>\n<div><\/div>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":7,"featured_media":2769,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[34],"tags":[87],"_links":{"self":[{"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/posts\/3290"}],"collection":[{"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/comments?post=3290"}],"version-history":[{"count":6,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/posts\/3290\/revisions"}],"predecessor-version":[{"id":3372,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/posts\/3290\/revisions\/3372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/media\/2769"}],"wp:attachment":[{"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/media?parent=3290"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/categories?post=3290"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swacharity.eu\/en\/wp-json\/wp\/v2\/tags?post=3290"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}