The Need for a Montenegro Foundation

There is a perception among Montenegrins that the rapid growth in their
tourism economy and substantial foreign investment has yet to improve their quality
of life. And there is an increasing recognition that Montenegro's NGO sector and media must be strengthened to ensure that  public health, human rights, open
government, the environment, economic opportunity, and other concerns
continue to be exposed and protected. But there is also widespread optimism
among Montenegrins that the growth of the tourism sector can lead to great
things for their country, and they possess a strong desire to take control
of their future.

An organization that is uniquely suited to accomplish this in Montenegro -
as it has in other democracies - is a community foundation controlled by
Montenegrins.  It has the ability to serve the financial and other needs of
corporations and individuals, raise funds from them and build a permanent
endowment with these funds, and use the proceeds from that endowment to
address society's needs through grantmaking and facilitation.  It is a
financial mechanism that utilizes the country's current growth to benefit
its human, natural and cultural assets; and it will add to the quality of
life and the progress of democracy within Montenegro.  A Montenegro
Foundation can accomplish these things, but the creation of this Foundation
must happen now, while new sources of investment funds, economic
opportunities for Montenegrins, and the ability to protect their natural and
cultural resources, remain.

Donation event of Montenegro Foundation at Restaurant "Divino" in California, the USA.
From the right side: Mr. Len Materman (initiator of Montenegro Foundation in the USA) and Mr. Goran Milic (famous Montenegrin restaurant owner in California).

Montenegrin version

Home
What's the idea?
Activities
The need for MF
Contact



Download pdf document about Montenegro
Foundation
(right click, "save target as")




Aquaduct in Old Town of Bar

Web site created and developed by NGO "Infomont". All rights reserved.