In order to operate professionally and transparently Tulip Foundation is managed by a Board. According to the articles of association, the board consists of a minimum of three and a maximum of seven members who are elected for a term of four years after being assessed for potential conflicts of interest. They accept and defend the values of the Foundation and perform their tasks voluntarily without remuneration, including:

Board members: 

Vladimir Kissiov, Chair

Member Sofia City Council (until 2015); Chief Negotiator with the European Union on Bulgaria's EU Accession(2000 - 2001); Secretary of the European Integration Council at the Prime Minister and Chair of the European Integration Committee (2000 - 2001); Deputy Minister of Foreign Affairs (1999 -2001); Deputy Minister of Industry (1997 - 1998).

Venislav Iotov

Country manager, Colonnade Insurance S.A.
General Manager, AIG Bulgaria & Romania; Investment officer, Bulgarian American Enterprise Fund (1997-1998); Deputy Head of Loan Department at BNP-Dresdner Bank (Bulgaria) AD (1996-1997)

Anna Zaharieva

Executive Director, FairPlay International.

Levon Hampartzoumian

Chairman of the Board of Bulgarian Business Leaders Forum
Chairman of the Board of Trustees and Chief Executive Officer, UniCredit Bulbank (until 2020); Honorary Consul of Canada in Sofia, Chair of the Association of the Commercial Banks, Executive Director of Agency for Privatisation, Deputy Minister of Economy.

Vladimir Penkov

Managing Partner, Penkov, Makrov & Partners Attorneys at Law
Member of the Managing Board of the Bulgarian Chamber of Commerce and Industry (since 1993); Vice President , Bulgarian Chamber of Commerce and Industry (1996 – 2006); Member of the Bulgarian National Group with the International Association for Intellectual Property Protection; Member of the Managing Board of BIBA (Bulgarian International Business Association) 

Ronald van der Giessen, Honorable Advisor to the Board

Maria Petkova, Director

Coordinator CNFCEE Programme
Consultant WBI, the World Bank Group, Washington DC (2000 – 2001); Programme Coordinator, Open Society Foundation (1997 – 1999); Expert in the Office of the Vice President and Office of the President of the Republic of Bulgaria (1992 – 1997)