We advised H.E. Valdas Adamkus, former President of the Republic of Lithuania, and his team on establishing an endowment fund. The Alma and Valdas Adamkus Charity and Support Foundation will support the public institution The Valdas Adamkus Presidential Library-Museum and its related projects with income from investments and other funding sources. The foundation also aims to provide support for gifted students in schools and socially vulnerable groups.
“In Lithuania, endowment funds remain a relatively new phenomenon. We are therefore pleased that Lithuania’s most respected politician, President Valdas Adamkus, has set a positive example by initiating such a fund and dedicating his family’s savings to meaningful, long-term philanthropic goals,” says Laimonas Skibarka, head of Sorainen’s Private Clients sector group.
Our services and team
Our team, consisting of partners Laimonas Skibarka and Saulė Dagilytė, counsel Gerda Skirbutienė, and associate Barbora Bernatonytė, advised President Valdas Adamkus and his team on all legal and tax matters related to the fund’s establishment and initial operations.
