The Vītols Fund was registered with the Company Register of the Republic of Latvia on April 4, 2002. It was founded by Vilis and Marta Vītols.
The fund allows individuals and companies who believe in the future of Latvia and its young people to support and finance young, dedicated and talented students. The fund awards its own scholarships and administers those that are donated by others.
The goal of the Vītols Fund is to use scholarships to help hard-working, talented, but needy young people to study at the universities of Latvia.