Bulgarian pop singer Lili Ivanova has set up a foundation, her team reported on Facebook. Lili Ivanova Foundation aims to promote the achievements of Bulgarian music and culture in the country and abroad. The foundation will organize all kinds of cultural events and activities presenting Lili Ivanova, the BTA informed. It will carry out its own projects, as well as joint projects with foreign partners involved in art and culture.

"The acclaimed Bulgarian singer transfers her entire heritage (spiritual and material) to the foundation. The foundation has the obligation to preserve and manage Lili Ivanova's assets after her passing, including movable and immovable property, financial assets, intellectual property rights, etc. With this act, the great Lili Ivanova bequeaths her creative works and all her assets to the public, which is her biggest love", the announcement reads further.