This Fund, set up by with CUF by COSBILD, a Toronto-based Investment Club, provides three yearly scholarships to students of Ivan Franko University in Lviv.

Originally, it provided support for the Faculty of Theatrical Studies at the same university. This type of fund is again an excellent example of how a Canadian/American family or organization can, through CUF, provide very valuable, targeted assistance to selected groups or organizations in Ukraine. This Fund is also invested by CUF through the Taras Shevchenko Foundations’s very experienced and successful investment arm.