On 15 November, as the world celebrates Philanthropy Day, the family of Dr Algirdas Juozapavičius, a student and colleague of Prof. Algis Petras Piskarskas (1942-2022), has donated EUR 100,000 to the named Prof. Piskarskas Endowment Sub-Fund, established earlier this year at the Vilnius University Foundation, the returns of which will be allocated for the named scholarships to laser physics talents.
The named sub-fund established by Light Conversion, a major ultrafast laser technology company, together with the Piskarskas family, has grown to EUR 300,000 following the Juozapavičius family's contribution, making it the largest endowment sub-fund managed by the VU Foundation.
Dr. Algirdas Juozapavičius is a former shareholder of the company Light Conversion, its long-time CEO (1994-2019), a Doctor of Physical Sciences, one of the pioneers of the Lithuanian laser industry, and has been awarded The Cross of the Knight of the Order for Merits to Lithuania, and the St. Christopher Statue of Vilnius for his contributions to science and business. In 2018, he was elected CEO of the Year by "Verslo žinios".