The idea of creating our charitable foundation to support academic activities in the field of theology arose in 2014, after the return of Sergii Bortnyk to Ukraine after a long study in Germany. Documents for the creation of the foundation were prepared during 2015-2016.
On June 30., 2016, the Foundation was registered under the official title “Charitable Organization “Charitable Foundation “Academic Initiative”, in the Unified State Register of Legal Entities. On July 7., 2016, in accordance with the decision of the general meeting of the Foundation, Sergii Bortnyk officially took over the duties of the chairman of the Foundation. The Foundation acts in accordance with its charter, the updated version of which was approved by the general meeting of the Foundation on September 15., 2016. Since October 21., 2016, the Foundation has the status of a non-profit organization.
According to the statute, the Foundation was established “to promote development of academic theological and spiritual education in Ukraine, to support the interaction of theological institutions of the Ukrainian Orthodox Church with other educational and cultural institutions of Ukraine, as well as with similar foreign institutions, for information and publishing activities, for experience exchange of teaching stuff and students, for international activities, for supporting additional education of international standard in this area”.