Establishing a Philanthropic Foundation and Financial Sustainability: What is Most Important to Know?

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.

Our foundation supports

For Ukraine’s Science

MJJ foundation establishes the funds to support the Ph.D. students, Postdoc researchers and scientists from Ukraine

Science

We provide financial support to PHDs to come to teach and do research at Lithuanian universities.

Knowledge

We provide financial support to study at the world’s best universities.

Business

We provide financial support and mentoring to persons to come to start business in Lithuania.

Partners of the MJJ foundation:

Let’s build Lithuania’s future together!