Knowledge Fund (KF), which is a non-profit, charity organization, was founded by Kakha Bendukidze in 2007. KF is the largest endowment in higher education in Georgia.
Knowledge Fund is the founding organization of the Free University of Tbilisi and Agricultural University of Georgia. The Fund's purpose is to ensure provision of world quality higher education to Georgia's young generation and encourage high quality research in the country. With this aim in mind the KF invests in future generations of Georgia, including investment in study and research infrastructure of the Free University of Tbilisi and Agricultural University of Georgia, research and development and student scholarships.
Between 2007 and 2012 KF invested over 50 ml USD in higher education. This is an unprecedented volume of private investment in higher education in Georgia.