The Foundation of the Croatian Academy of Sciences and Arts
Continuing its long tradition, the Croatian Academy of Sciences and Arts established a Foundation at its assembly of 29 June 1993, with the aim of promoting culture, the arts, sciences and education, all of which are essential for the cultural, economic, political and overall progress of Croatia.
The Academy Foundation finances publishing activities, the organization of congresses, the establishment of scientific centers, the acquisition of works of art, the promotion of culture, and the arts and sciences by scholar-ships and awards for outstanding achievements.
The founders of the Croatian Academy Foundation are the Town of Rab, Zagrebačka banka, Privredna banka, the Croatian Chamber of Commerce, Školska knjiga, the Zagreb Fair and Pliva.
The Foundation's assets today amount to 7,000,000.00 kunas plus real estate which has been donated to the Foundation by the Croatian Academy.
The town of Rab one of the first sponsors of the Foundation of the Croatian Academy of Sciences and Arts