# Romanian-American Foundation (RAF)

Romanian-American Foundation (RAF) is an Endowment / Foundation based in Bucharest, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Bucharest, United States
- **Region:** Europe
- **Address:** New York, United States
- **Assets under management:** Undisclosed
- **Website:** rafonline.org

## Regulatory record

- **Reports private funds:** No

## About

The Romanian-American Foundation traces its endowment to investment proceeds generated by the Romanian-American Enterprise Fund. The foundation maintains headquarters in New York with an operating presence at 6 Gina Patrichi Street in Bucharest. RAF allocates across rural economy projects, technology and innovation programs, and civic engagement efforts. Education functions as the unifying thread. Geographic reach centers on Romania while the endowment portfolio sits in Montclair, New Jersey. Confirmed partners include the International Finance Corporation and Junior Achievement Romania. The foundation reports an internal AUM estimate of 147 million USD. It holds membership in AmCham Romania, Philea, the Social Impact Analysts Association, and the European Research Network on Philanthropy. No dated operational events from the last 24 months appear in available records. RAF functions as a grant-making vehicle rather than a direct investor or fund-of-funds manager. Its structure separates the original RAEF investment activities from current philanthropic deployment.

## Sectors

- Rural Economy
- Technology & Innovation
- Civic Engagement

## Offices

- Bucharest, Romania

## Questions

### Who runs investment decisions at Romanian-American Foundation (RAF)?

No named investment principals appear in public records. The foundation operates through its board and staff without disclosed CIO or portfolio managers.

### How does Romanian-American Foundation source proprietary deal flow?

RAF sources through partnerships with AmCham Romania, the International Finance Corporation, and Junior Achievement Romania. Grant programs target organizations aligned with its three strategic priorities.

### Does Romanian-American Foundation participate in fund commitments or only direct deals?

RAF executes direct grants and program-related investments. No fund commitments are disclosed.

## Related profiles

- [Karg Stiftung](https://altss.com/profile/karg-stiftung)
- [Bancoldex](https://altss.com/profile/bancoldex)

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Last updated: 2026-07-08T21:14:20.295Z

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