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Project name: Community Funds and Social Enterprises

Start date: FY 2001

End date: 30.9.2006

Project description:
Counterpart worked with communities to address the priorities identified during public fora. Counterpart supported the development of ten community funds located throughout Bulgaria, providing institutional as well as financial support. Counterpart granted almost $500,000 to the funds, and the funds themselves mobilized almost $600,000 in additional resources. Community funds now serve as a locus of philanthropic giving at the local level, providing resources to grassroots community projects. Counterpart also introduced the concept of social enterprise to the civil society landscape in Bulgaria, promoting yet another avenue for financial sustainability for some NGOs.

Implementer: Counterpart International

Funding: $4,346,000