2013 Annual Report

Dear friends,

REF’s mission is to improve educational access, which it does primarily by paying for students’ college entrance exams. REF is now in its 20th year, thanks to the generous support of over 80 invididual donors.

A full financial report of Romanian Education Foundation covering January 1995 – December 2013 is available below.

In 2013 we received donations from 17 individuals. These allowed us to pay for 10 students’ undergraduate and graduate entrance exams. You can see the students’ profiles here.

We are especially pleased by the donations received from REF alumni, who are now helping a new generation of students. We are encouraged at having received donations from 34 of the 130 students REF has helped in the past.

Since 1994 REF has been a California Nonprofit Organization. However, we have recognized that REF will be better able to attract donations and therefore to help more students as a 501(c)(3) federal tax-exempt organization. In 2013, REF engaged Cadwalader, Wickersham & Taft LLP as pro bono counsel to help REF apply for 501(c)(3) status. CWT has graciously agreed to help us draft a strong application at no cost as well as to pay for all fees associated with our application. We hope to finish the 501(c)(3) registration process in 2014 and will send an update when we do.

You can contribute to our mission by spreading the word about REF to qualified students who might benefit from our assistance, or by making a donation here.

Good luck,

Mihai, Andrei, Andy Popovici
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