AVE IULIAN FUNDATION is a non-governmental, non-political and non-profit organisation established under the Law no.21 / 1924 and works as a legal personality.

The AVE IULIAN FUNDATION was established in 1996 by Iulian Ursachi as President of the foundation.

The Board of Directors consists of 6 people and is led by the President of the foundation.

The Board of Directors has the following duties:

  • Exercise the rights of the Foundation and fulfill its obligations;
  • Prepare and submit annual financial report and the possibilities of distributing funds to help the needy.

The financial means for supporting AVE IULIAN FUNDATION are made from sponsorships, donations, grants and other funding.

Funds raised by the foundation are used for the purposes of the association.