Raiffeisen banka established the “Budimir Boško Kostić” Humanitarian Foundation with the intention of offering help to individuals and institutions in need. Apart from this, the intention of the founder is, among other things, to keep alive the memory of the first director of Raiffeisen banka in Serbia.  During his time in management, besides having achieved extraordinary business success, Raiffeisen banka also made additional efforts as regards humanitarian activities and became known for constant fostering and broad participation in humanitarian activities.

The first donation of the “Budimir Boško Kostić” Humanitarian Foundation is a donation to the SOS Children's Village Kraljevo.

Raiffeisenbank is a traditional sponsor of the SOS Children’s villages in many countries of the world; the cooperation of Raiffeisen banka in Serbia and the SOS Children’s village Kraljevo started last year and is being continued successfully. Three million dinars will be assigned from the “Budimir Boško Kostić” Humanitarian Foundation and will be used for the purchase of a vehicle for the transport of children and for covering other needs of SOS families.

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