For excellence in education, sciences and arts

About us

American Foundation for Bulgaria was founded in 2004 as an american non-profit organization for public benefit (501 (c3), according to the US Tax Law. The Foundation is registered in Boston, Massachusetts. Since 2004, a Bulgaria-based branch works as a non-government juristic person.

Mission and goals

The mission of  the American Foundation for Bulgaria is to support, to encourage and to contribute to the excellent results in education, natural and  humantirarian sciences, culture and arts by providing annual scholarships, funding projects and supporting different causes.

It is our belief that in a free and democratic society, individuals can aspire to and achieve their goals in all of these areas. With this innate understanding, we strive to support young people in their pursuit of excellence, and to provide the means with which they can develop their talent and expertise in their chosen fields.

The Foundation is committed to the strong international spirit of cooperation that exists between Bulgaria and the United States; and, we endeavor to support that relationship through scientific, cultural, business and artistic exchanges between the two countries.

American Foundation for Bulgaria works only with its own programs and projects, and under  a budget specified by the Board of Directors in advance.


Diko Mihov

Diko Mihov graduated from the School of Mathematics in his hometown of Dobrich. In the mid 1980s he won a gold and silver medal for Bulgaria at International Mathematics Olympiads. He continued his education in the United States and obtained a Ph.D. in mathematics from the Massachusetts Institute of Technology. Makes a career in the field of financial asset management. He is the most generous donator and first President of the Foundation.

Teodor Vassilev

Theodore (Ted) Vassilev is the President and a founder of DTR Modern Galleries, the largest gallery operation on the East Coast of the USA, specializing in modern and contemporary art. Ted belongs to the Appraisers Association of America, Inc. and is a co-founder of Winston Art Group, the world’s leading art appraisal and advisory company. He regularly presents on investing in art as an alternative asset to financial institutions and art fairs, and has published several books on contemporary art. 

Previously, Ted was the business director at the not-for-profit Elizabeth Foundation for the Arts in New York City, launching the careers of emerging artists and strategically positioning mid-career and established artists on the marketplace.

Ted is on the board of the Serpentine Galleries, London UK, whose Chairman is Michael Bloomberg. In 2012 Ted became a founding member and trustee of the Americas Foundation of the Serpentine Galleries. He is also on the Board of Patrons of the McMillan Museum in Boston. Since 2017 he has been a member of the International board of the Kunsthistorisches Museum in Vienna.                                                          
Ted received a graduate degree in art market and connoisseurship from Christie's, New York. Prior to that he completed PhD studies in international relations at Boston College and was a graduate fellow at the Harvard Russian Research Center. 

Ted received a graduate degree in art market and connoisseurship from Christie's, New York. Prior to that he completed PhD studies in international relations at Boston College and was a graduate fellow at the Harvard Russian Research Center. 

He is currently the President and Executive Director of the Foundation.

Alexey Hristov

Alexey Hristov graduated English language high school in his hometown of Vratsa. In 1990, he enrolled at the Ecclesiastic Academy St. Kliment Ohridski and in 1997 received a Master's Degree in Theology from Sofia University. Hristov has worked for Darik radio, the Democratic Review magazine, and the Citizen Association. In 2001, he won a scholarship from the Georgetown University where he spent one year as an academic scholar and researcher. At Georgetown he studied the non-profit sector in the US, the civic society and public administration. Since 2010 he is founder and chairman of the Management Board of  Natural Sciences Olympic Teams Association.

American Foundation for Bulgaria – branch Bulgaria Team

Alexey Hristov – Program Director; Manager of American Foundation for Bulgaria – branch Bulgaria
Iglika Lukanova – Program Coordinator – Education and Science Programs
Nora Angelova – Program Coordinator – Support for University Students' Film Projects Program and Early Bird International Student Film Festival 
Rada Boneva – Technical Assistant Trainee

Over the years the trainees of the American Foundation for Bulgaria were:

Melania Berbatova (2014) – Student at Sofia University "St. Kliment Ohridski"
Stanislav Atanasov (2013) – student at Yale University, USA
Vera Duleva (2012) – Student at University of National and World Economy, Sofia
Selena Seatti (2011)
Paula Angelova (2011)
Leah Trenovska (2010) – Student at University of Applied Science, Germany
Mirela Zaneva (2009)
Tsvetelina Tseneva (2008)
Vanya Tsotomanova – Student at the American University in Bulgaria
Maria Stefanova – Student at the American University in Bulgaria
Iva Gumnishka – Student at Columbia University, USA
Delyan Hristov