Serbia
Source of information
Serbian Business Registers Agency (SBRA)
Definition

According to the Law on foundations and Endowments, these entities are by definition of public benefit and can only be registered as such.

Number of foundations

818 foundations

Pool of assets

Having in mind that in accordance with the Law, each Foundation and Endowment needs to deposit €30.000 in order to be registered. However, there is still no clear mechanism to keep track of the expenditures; but the total pool of assests is estimated to more than €24 million.

Total expenditure

According to the Annual Report on the State of Giving in Serbia, published by Catalist Foundation and Trag Foundation, in 2017. Total expenditure was a bit over €27 million and giving was made by citizens, businesses and individual donors.

Further reading

Giving Balkans