Foundation "Veselin Topalov" was created in 2016 by Grandmaster Veselin Topalov with main objectives:
Promotion of chess among children:
Chess in School
Chess in Education
Supporting the development of young talents in the field of chess and other sports.
Organization of national and international festivals and competitions between gifted children and adolescents, and promote their talent. Organizing chess events related to supporting disadvantaged children and refugees
Organizing meetings with media, publishing philanthropic focus.
Promotion of chess by conducting charity events in the less populated and less developed regions.