The Aleksander Foundation was founded in 2005 by Acad. Aleksander G. Petrov, Ph.D., currently Director of the Institute of Solid State Physics, Sofia and Aleksander A. Petrov, Ph.D, CFA, an alumni of the FEB, Sofia University and currently Senior Practice Expert at McKinsey. The primary goal of the foundation is to promote and support the development of the Bulgarian university education through a number of initiatives including the organisation and sponsorship of conferences, seminars, workshops, short study exchanges and summer schools for highly qualified applicants.