TalTech Engineering Endowment Fund's Council convened for the first time on April 10, 2026. At the first meeting, Ants Vill was unanimously elected as chairman of the council, who will lead its work for at least the duration of the next term of the university council.
The election of Ants Vill as the new chairman of the council was supported by his prior contribution to the establishment of the endowment and his role as an external member, which helps ensure a balanced perspective within the council. The council’s internal cohesion is further supported by Hendrik Voll in the role of vice chairman.
In addition to Vill and Voll, the council also includes Tiit Land, Ergo Metsla, Kristjan Liivamägi, Heiki Raadik, Erkki Karo, Heiti Hääl, Robert Kitt, Riin Savi, and Miina Karafin.
The task of the Engineering Endowment Fund's council is to plan the fund’s activities, organize its management, and oversee its operations. The council makes decisions on the fund’s strategic directions, financial allocations, and use of assets, guided by the objective of ensuring the fund’s long-term sustainability and maximizing its impact on the Estonian economy.
Among other responsibilities, the council appoints and recalls members of the management board, approves the endowment’s budget and annual report, and decides on the use of income generated from the principal capital. The council also makes decisions on allocating funds, considering proposals based on their immediate and long-term economic impact.
The focus of the council’s first meeting was on the future development directions of the endowment. Discussions included cooperation with LHV to establish TalTech’s future fund, the development of an investment strategy, and opportunities to grow the endowment’s principal capital. Special attention was given to engaging supporters—both individuals and companies.
“The most important goal is not only to raise capital, but to build relationships. If you have friends, you have everything—including financial opportunities. For us, it is crucial to engage alumni and partners and to broadly introduce the university’s activities to society. If, as a result, we are also able to grow capital to support the development of new engineering fields, we will have achieved our goal,” said Hendrik Voll.
TalTech Engineering Endowment Fund is a long-term strategic fund established by Tallinn University of Technology, aimed at strengthening the backbone of Estonian engineering and developing competencies that underpin industrial competitiveness, energy security, defense capability, and the emergence of new technology companies.
Photos from the council’s first meeting can be found here.