More than five years ago, when investor Marius Jakulis Jason decided to allocate €3.5 million for support, the decision was made to establish the philanthropic “MJJ Foundation.” Together with the “Taurus Wealth” team, we set ourselves the task of creating a foundation structure that would allow the foundation to exist for as long as possible and be entirely self-sustaining.
The “MJJ Foundation” acts not only as a platform for building a better future for Lithuania, but it can also generate earnings and sustain itself. To achieve this, a foundation investment portfolio was created, which is actively managed in response to daily market fluctuations. This ensures the maximum possible return is generated, which can then be distributed to the foundation’s scholarship recipients. Mindaugas Strėlis, head of the “Taurus Wealth” family office, shares his insights on this.