The Knowledge Fund (KF, ka, ცოდნის ფონდი) a non-profit, charity organization, was founded by
Kakha Bendukidze in 2007. KF is the largest endowment in higher education in Georgia to "recruit the country's most talented and motivated students, to offer several schemes to ensure accessibility to the university regardless of students' financial resources."
Knowledge Fund focuses on the most critical area for modern Georgia: education. It works principally through partnerships with like-minded individuals, organizations serving and providing financial aid to the most talented students in Georgia. Its headquarters is in
Tbilisi
Tbilisi ( ; ka, თბილისი, ), in some languages still known by its pre-1936 name Tiflis ( ), ( ka, ტფილისი, tr ) is the Capital city, capital and List of cities and towns in Georgia (country), largest city of Georgia ( ...
, Georgia.
Between 2007 and 2012 KF invested over 50 million USD, this being an unprecedented volume of private investment in tertiary education in Georgia.
The main projects, maintained by the Knowledge Fund are the
Free University of Tbilisi and
Agricultural University of Georgia
The Agricultural University of Georgia ( ka, საქართველოს აგრარული უნივერსიტეტი, tr, AUG) is a non-profit, private, higher education institution located in the suburban setting of the ...
.
In October 2014 the KF won a Court case against the Ministry of Economics of Georgia. The decision of the court highlighted the "fulfilment of Investment Obligations by the Foundation towards the Ministry."
The executive head of the Foundation is
Kakha Bendukidze's daughter – Anastasia Bendukidze-Goncharova.
References
{{Reflist
Educational organisations based in Georgia (country)
2007 establishments in Georgia (country)