The University of Belgrade works closely with the Tokyo and ITO Foundations from Japan. The ITO Foundation awards scholarships for specialized training in Japan to the best graduate students. The Tokyo Fund of the University of Belgrade was founded in 1988 with the resources awarded by the Japanese Foundation with the same name. The resources of this fund are being used to award the best graduate students of the Social Sciences Faculties. The donors' aim is to give support to students showing extraordinary accomplishments in their studies and in realization of their projects both in the country and abroad. The University of Belgrade cooperates with King Baudouin Foundation of Belgium. KBF advises individuals and corporations wishing to become actively involved in the communities where they live or operate. It is also dedicated to improving the environment of cross-border philanthropy in Europe.